Shenzhen Rapoo Technology Co (SZSE:002577) Days Payable : 69.87 (As of Mar. 2024)

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What is Shenzhen Rapoo Technology Co Days Payable?

Shenzhen Rapoo Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥50.8 Mil. Shenzhen Rapoo Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥66.4 Mil. Hence, Shenzhen Rapoo Technology Co's Days Payable for the three months ended in Mar. 2024 was 69.87.

The historical rank and industry rank for Shenzhen Rapoo Technology Co's Days Payable or its related term are showing as below:

SZSE:002577' s Days Payable Range Over the Past 10 Years
Min: 56.29 Med: 70.68 Max: 84.53
Current: 65.11

During the past 13 years, Shenzhen Rapoo Technology Co's highest Days Payable was 84.53. The lowest was 56.29. And the median was 70.68.

SZSE:002577's Days Payable is ranked worse than
52.64% of 2422 companies
in the Hardware industry
Industry Median: 68.065 vs SZSE:002577: 65.11

Shenzhen Rapoo Technology Co's Days Payable increased from Mar. 2023 (61.28) to Mar. 2024 (69.87). It may suggest that Shenzhen Rapoo Technology Co delayed paying its suppliers.

Shenzhen Rapoo Technology Co Days Payable Historical Data

The historical data trend for Shenzhen Rapoo Technology Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Shenzhen Rapoo Technology Co Days Payable Chart

Shenzhen Rapoo Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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64.57

84.53

70.70

56.29

60.37

Shenzhen Rapoo Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															61.28	72.32	67.33	55.02	69.87

Competitive Comparison of Shenzhen Rapoo Technology Co's Days Payable

For the Computer Hardware subindustry, Shenzhen Rapoo Technology Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Shenzhen Rapoo Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen Rapoo Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Rapoo Technology Co's Days Payable falls into.

Shenzhen Rapoo Technology Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Shenzhen Rapoo Technology Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (46.881	+	52.161)	/	2 )	/	299.431	*	365
=	49.521					/	299.431	*	365
=	60.37

Shenzhen Rapoo Technology Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (52.161	+	49.533)	/	2 )	/	66.404	*	365 / 4
=	50.847					/	66.404	*	365 / 4
=	69.87

Shenzhen Rapoo Technology Co Days Payable Related Terms

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Shenzhen Rapoo Technology Co (SZSE:002577) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Rapoo Technology Co Ltd (SZSE:002577) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 22, Jinxiu East Road, Daxing Industrial Zone, Kengzi Street, Pingshan New District, Guangdong, Shenzhen, CHN, 518122

Website

http://www.rapoo.com

Shenzhen Rapoo Technology Co Ltd is a China-based company engaged in the research and development, manufacture and distribution of computer peripheral equipment. Its products portfolio consists of mice, such as wireless laser mouse, wireless touch mouse, wireless optical mouse, Bluetooth optical mouse, and others; keyboards, such as wireless optical combos, wireless multi-media touchpad keyboards, wireless ultra-slim keyboards and others, as well as other peripheral equipment. The company distributes its products within domestic market and to overseas markets.

Executives

Ceng Hao	Directors, executives
Wang Xing Hai	Executives
Li Zheng	Executives
Wang Xue Mei	Executives
Xie Hai Bo	Directors, executives, securities affairs represen
Yu Xin	Directors, executives

Shenzhen Rapoo Technology Co (SZSE:002577) Headlines

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