Guangdong Dongfang Precision Science & Tech Co (SZSE:002611) Days Payable : 117.95 (As of Mar. 2024)

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What is Guangdong Dongfang Precision Science & Tech Co Days Payable?

Guangdong Dongfang Precision Science & Tech Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥837 Mil. Guangdong Dongfang Precision Science & Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥648 Mil. Hence, Guangdong Dongfang Precision Science & Tech Co's Days Payable for the three months ended in Mar. 2024 was 117.95.

The historical rank and industry rank for Guangdong Dongfang Precision Science & Tech Co's Days Payable or its related term are showing as below:

SZSE:002611' s Days Payable Range Over the Past 10 Years
Min: 66.99 Med: 97.46 Max: 176.84
Current: 94.7

During the past 13 years, Guangdong Dongfang Precision Science & Tech Co's highest Days Payable was 176.84. The lowest was 66.99. And the median was 97.46.

SZSE:002611's Days Payable is ranked better than
60.32% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs SZSE:002611: 94.70

Guangdong Dongfang Precision Science & Tech Co's Days Payable declined from Mar. 2023 (120.92) to Mar. 2024 (117.95). It may suggest that Guangdong Dongfang Precision Science & Tech Co accelerated paying its suppliers.

Guangdong Dongfang Precision Science & Tech Co Days Payable Historical Data

The historical data trend for Guangdong Dongfang Precision Science & Tech 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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Guangdong Dongfang Precision Science & Tech Co Days Payable Chart

Guangdong Dongfang Precision Science & Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

68.19

97.78

98.31

107.36

97.14

Guangdong Dongfang Precision Science & Tech 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															120.92	100.01	93.42	81.88	117.95

Competitive Comparison of Guangdong Dongfang Precision Science & Tech Co's Days Payable

For the Specialty Industrial Machinery subindustry, Guangdong Dongfang Precision Science & Tech 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.

Guangdong Dongfang Precision Science & Tech Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Guangdong Dongfang Precision Science & Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Dongfang Precision Science & Tech Co's Days Payable falls into.

Guangdong Dongfang Precision Science & Tech 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.

Guangdong Dongfang Precision Science & Tech 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
=	( (898.238	+	889.978)	/	2 )	/	3359.528	*	365
=	894.108					/	3359.528	*	365
=	97.14

Guangdong Dongfang Precision Science & Tech 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
=	( (889.978	+	784.125)	/	2 )	/	647.572	*	365 / 4
=	837.0515					/	647.572	*	365 / 4
=	117.95

Guangdong Dongfang Precision Science & Tech Co Days Payable Related Terms

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Guangdong Dongfang Precision Science & Tech Co (SZSE:002611) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangdong Dongfang Precision Science & Tech Co Ltd (SZSE:002611) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Zhenqiangshi Road, Nanhai District, Guangdong Province, Foshan, CHN

Website

https://www.df-global.cn

Guangdong Dongfang Precision Science & Tech Co Ltd is a China-based company that engages in the process, manufacture, and sale of carton printing equipment and accessories. The main products of the company's intelligent packaging equipment business include corrugated cardboard production line, corrugated box printing complete production line, pre-press, post-press intelligent automation equipment, and automated logistics systems. Some of the company's standalone printing products equipment include TOPRA AD, TOPRA GT, APSTAR HG 2, and APSTAR HS. The company's products are exported to more than 30 countries and regions, including Europe, America, Asia, Africa, Latin America, and Oceania.

Executives

Xie Wei Wei	Directors, executives
Qiu Ye Zhi	Directors, executives
Li Ke Tian	Independent director
Yang Ya Li	Directors, executives
Tang Zhuo Mian	Director
Tang Zhuo Lin	Director
Tang Yan Ling	Supervisors
Cen Mei Ling	Supervisors

Guangdong Dongfang Precision Science & Tech Co (SZSE:002611) Headlines

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