Suzhou Goldengreen Technologies (SZSE:002808) Days Payable : 136.61 (As of Mar. 2024)

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What is Suzhou Goldengreen Technologies Days Payable?

Suzhou Goldengreen Technologies's average Accounts Payable for the three months ended in Mar. 2024 was ¥44.9 Mil. Suzhou Goldengreen Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥30.0 Mil. Hence, Suzhou Goldengreen Technologies's Days Payable for the three months ended in Mar. 2024 was 136.61.

The historical rank and industry rank for Suzhou Goldengreen Technologies's Days Payable or its related term are showing as below:

SZSE:002808' s Days Payable Range Over the Past 10 Years
Min: 56.69 Med: 89.66 Max: 135.81
Current: 110.17

During the past 13 years, Suzhou Goldengreen Technologies's highest Days Payable was 135.81. The lowest was 56.69. And the median was 89.66.

SZSE:002808's Days Payable is ranked better than
66.62% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs SZSE:002808: 110.17

Suzhou Goldengreen Technologies's Days Payable increased from Mar. 2023 (134.20) to Mar. 2024 (136.61). It may suggest that Suzhou Goldengreen Technologies delayed paying its suppliers.

Suzhou Goldengreen Technologies Days Payable Historical Data

The historical data trend for Suzhou Goldengreen Technologies'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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Suzhou Goldengreen Technologies Days Payable Chart

Suzhou Goldengreen Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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82.38

56.69

106.31

135.81

116.50

Suzhou Goldengreen Technologies 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															134.20	123.10	106.52	83.97	136.61

Competitive Comparison of Suzhou Goldengreen Technologies's Days Payable

For the Business Equipment & Supplies subindustry, Suzhou Goldengreen Technologies'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.

Suzhou Goldengreen Technologies's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Goldengreen Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Goldengreen Technologies's Days Payable falls into.

Suzhou Goldengreen Technologies 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.

Suzhou Goldengreen Technologies'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
=	( (43.374	+	42.69)	/	2 )	/	134.817	*	365
=	43.032					/	134.817	*	365
=	116.50

Suzhou Goldengreen Technologies'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
=	( (42.69	+	47.052)	/	2 )	/	29.973	*	365 / 4
=	44.871					/	29.973	*	365 / 4
=	136.61

Suzhou Goldengreen Technologies Days Payable Related Terms

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Suzhou Goldengreen Technologies (SZSE:002808) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Goldengreen Technologies Ltd (SZSE:002808) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 38, Huoju Road, High-tech Zone, Jiangsu Province, Suzhou, CHN, 215011

Website

http://www.sgt21.com

Suzhou Goldengreen Technologies Ltd is engaged in the development, production, and sales of new generation of laser printers, digital copiers, laser fax machine, and other office equipment.

Executives

Zhang Pei Xing	Directors, executives
Yu Zhong Qing	Director
Yu Rong Qing	Directors, executives
Xu Cai Ying	Supervisors

Suzhou Goldengreen Technologies (SZSE:002808) Headlines

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