Chutian Dragon Co (SZSE:003040) Days Payable : 209.27 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Chutian Dragon Co Days Payable?

Chutian Dragon Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥373 Mil. Chutian Dragon Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥163 Mil. Hence, Chutian Dragon Co's Days Payable for the three months ended in Mar. 2024 was 209.27.

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

SZSE:003040' s Days Payable Range Over the Past 10 Years
Min: 146.8 Med: 174.64 Max: 207.52
Current: 204.51

During the past 7 years, Chutian Dragon Co's highest Days Payable was 207.52. The lowest was 146.80. And the median was 174.64.

SZSE:003040's Days Payable is ranked better than
91.71% of 965 companies
in the Semiconductors industry
Industry Median: 52.34 vs SZSE:003040: 204.51

Chutian Dragon Co's Days Payable declined from Mar. 2023 (246.48) to Mar. 2024 (209.27). It may suggest that Chutian Dragon Co accelerated paying its suppliers.

Chutian Dragon Co Days Payable Historical Data

The historical data trend for Chutian Dragon 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.

* Premium members only.

Chutian Dragon Co Days Payable Chart

Chutian Dragon Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

146.80

207.52

174.64

159.33

176.69

Chutian Dragon Co Quarterly Data
	Dec17	Dec18	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															246.48	220.33	253.38	146.68	209.27

Competitive Comparison of Chutian Dragon Co's Days Payable

For the Semiconductors subindustry, Chutian Dragon 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.

Chutian Dragon Co's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Chutian Dragon Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chutian Dragon Co's Days Payable falls into.

Chutian Dragon 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.

Chutian Dragon 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
=	( (528.557	+	374.131)	/	2 )	/	932.392	*	365
=	451.344					/	932.392	*	365
=	176.69

Chutian Dragon 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
=	( (374.131	+	372.348)	/	2 )	/	162.745	*	365 / 4
=	373.2395					/	162.745	*	365 / 4
=	209.27

Chutian Dragon Co Days Payable Related Terms

Thank you for viewing the detailed overview of Chutian Dragon Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Chutian Dragon Co (SZSE:003040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Chutian Dragon Co Ltd (SZSE:003040) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yifa Industrial Zone, Zhuweitian, Fenggang Town, Guangdong Province, Dongguan, CHN, 523697

Website

http://www.ctdcn.com

Chutian Dragon Co Ltd is mainly engaged in the design, research and development, production, sales and service of smart cards. The main products are financial IC cards represented by financial social security cards and standard bank IC cards, and non-financial IC cards represented by communication cards and transportation cards. It has a wide range of customers and important influence in social security, finance, communications, transportation, medical, education and other industries.

Chutian Dragon Co (SZSE:003040) Headlines

No Headlines