Yimikang Tech Group Co (SZSE:300249) Days Payable : 240.73 (As of Mar. 2024)

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What is Yimikang Tech Group Co Days Payable?

Yimikang Tech Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥530.3 Mil. Yimikang Tech Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥201.0 Mil. Hence, Yimikang Tech Group Co's Days Payable for the three months ended in Mar. 2024 was 240.73.

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

SZSE:300249' s Days Payable Range Over the Past 10 Years
Min: 178.78 Med: 224.45 Max: 348.37
Current: 244.59

During the past 13 years, Yimikang Tech Group Co's highest Days Payable was 348.37. The lowest was 178.78. And the median was 224.45.

SZSE:300249's Days Payable is ranked better than
93.43% of 2420 companies
in the Hardware industry
Industry Median: 68.065 vs SZSE:300249: 244.59

Yimikang Tech Group Co's Days Payable declined from Mar. 2023 (705.06) to Mar. 2024 (240.73). It may suggest that Yimikang Tech Group Co accelerated paying its suppliers.

Yimikang Tech Group Co Days Payable Historical Data

The historical data trend for Yimikang Tech Group 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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Yimikang Tech Group Co Days Payable Chart

Yimikang Tech Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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288.90

207.37

219.83

348.37

303.05

Yimikang Tech Group 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															705.06	251.94	298.86	208.01	240.73

Competitive Comparison of Yimikang Tech Group Co's Days Payable

For the Electronic Components subindustry, Yimikang Tech Group 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.

Yimikang Tech Group Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Yimikang Tech Group Co's Days Payable falls into.

Yimikang Tech Group 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.

Yimikang Tech Group 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
=	( (606.081	+	531.544)	/	2 )	/	685.085	*	365
=	568.8125					/	685.085	*	365
=	303.05

Yimikang Tech Group 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
=	( (531.544	+	529.017)	/	2 )	/	201.004	*	365 / 4
=	530.2805					/	201.004	*	365 / 4
=	240.73

Yimikang Tech Group Co Days Payable Related Terms

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Yimikang Tech Group Co (SZSE:300249) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yimikang Tech Group Co Ltd (SZSE:300249) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, South 2nd Road, Keyuan , High-tech Zone, Sichuan Province, Chengdu, CHN, 610041

Website

http://www.sunrisegroup.com.cn

Yimikang Tech Group Co Ltd offers precision environment integrated solutions & services. It provides technology and solution services for IT construction, large healthcare construction, environmental governance and other cloud computing data centers. It operates in the business areas of the Information field, Medical field, and Environmental protection field. In the Information field, the company offers advanced products and total solutions in the fields of communication equipment, data center, smart building, and energy management. In the Medical field, it offers medical purification engineering, hospital's overall logistics system and medical equipment sales, and other services. Environmental protection consists of operation in the field of dust removal, desulfurization and out of stock.

Executives

Zhang Wan	Directors, executives
Sun Jing Jing	Directors, executives
Sun Yi Zheng	Director
Wang Qian	Executives
Zhang Min	Securities Affairs Representative
Li Nian	Supervisors
Zhou Shu Lan	Directors, executives
Huang Jian Jun	Executives
Xu Xiao	Director
Song Bin	Supervisors

Yimikang Tech Group Co (SZSE:300249) Headlines

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