Sino Geophysical Co (SZSE:300191) Days Payable : 371.32 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Sino Geophysical Co Days Payable?

Sino Geophysical Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥325.8 Mil. Sino Geophysical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥80.1 Mil. Hence, Sino Geophysical Co's Days Payable for the three months ended in Mar. 2024 was 371.32.

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

SZSE:300191' s Days Payable Range Over the Past 10 Years
Min: 101.03 Med: 350.79 Max: 640.71
Current: 346.51

During the past 13 years, Sino Geophysical Co's highest Days Payable was 640.71. The lowest was 101.03. And the median was 350.79.

SZSE:300191's Days Payable is ranked better than
87.88% of 899 companies
in the Oil & Gas industry
Industry Median: 61.13 vs SZSE:300191: 346.51

Sino Geophysical Co's Days Payable increased from Mar. 2023 (295.01) to Mar. 2024 (371.32). It may suggest that Sino Geophysical Co delayed paying its suppliers.

Sino Geophysical Co Days Payable Historical Data

The historical data trend for Sino Geophysical 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.

Sino Geophysical Co Days Payable Chart

Sino Geophysical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

601.26

101.03

129.80

280.18

342.62

Sino Geophysical 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															295.01	311.56	372.21	380.91	371.32

Competitive Comparison of Sino Geophysical Co's Days Payable

For the Oil & Gas Equipment & Services subindustry, Sino Geophysical 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.

Sino Geophysical Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sino Geophysical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sino Geophysical Co's Days Payable falls into.

Sino Geophysical 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.

Sino Geophysical 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
=	( (224.35	+	357.684)	/	2 )	/	310.026	*	365
=	291.017					/	310.026	*	365
=	342.62

Sino Geophysical 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
=	( (357.684	+	293.832)	/	2 )	/	80.053	*	365 / 4
=	325.758					/	80.053	*	365 / 4
=	371.32

Sino Geophysical Co Days Payable Related Terms

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

Sino Geophysical Co (SZSE:300191) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sino Geophysical Co Ltd (SZSE:300191) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

16th Floor Building B, Kinglong Intemational, No 9 Fulin Road, Chaoyang District, Beijing, CHN, 100107

Website

http://www.sinogeo.com

Sino Geophysical Co Ltd is a petroleum exploration and development company with integrated exploration and development technology services and oil and gas exploration and development investment. Its businesses include seismic data processing, seismic data interpretation, geological analysis, and well placement.

Sino Geophysical Co (SZSE:300191) Headlines

No Headlines