Fuxin Dare Automotive Parts Co (SZSE:300473) Days Payable : 94.69 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Fuxin Dare Automotive Parts Co Days Payable?

Fuxin Dare Automotive Parts Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥852 Mil. Fuxin Dare Automotive Parts Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥821 Mil. Hence, Fuxin Dare Automotive Parts Co's Days Payable for the three months ended in Mar. 2024 was 94.69.

The historical rank and industry rank for Fuxin Dare Automotive Parts Co's Days Payable or its related term are showing as below:

SZSE:300473' s Days Payable Range Over the Past 10 Years
Min: 82.31 Med: 102.62 Max: 286.08
Current: 90.13

During the past 13 years, Fuxin Dare Automotive Parts Co's highest Days Payable was 286.08. The lowest was 82.31. And the median was 102.62.

SZSE:300473's Days Payable is ranked better than
67.94% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs SZSE:300473: 90.13

Fuxin Dare Automotive Parts Co's Days Payable increased from Mar. 2023 (93.44) to Mar. 2024 (94.69). It may suggest that Fuxin Dare Automotive Parts Co delayed paying its suppliers.

Fuxin Dare Automotive Parts Co Days Payable Historical Data

The historical data trend for Fuxin Dare Automotive Parts 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.

Fuxin Dare Automotive Parts Co Days Payable Chart

Fuxin Dare Automotive Parts Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

82.31

104.06

101.18

86.59

91.28

Fuxin Dare Automotive Parts 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															93.44	88.41	87.43	87.90	94.69

Competitive Comparison of Fuxin Dare Automotive Parts Co's Days Payable

For the Auto Parts subindustry, Fuxin Dare Automotive Parts 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.

Fuxin Dare Automotive Parts Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fuxin Dare Automotive Parts Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fuxin Dare Automotive Parts Co's Days Payable falls into.

Fuxin Dare Automotive Parts 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.

Fuxin Dare Automotive Parts 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
=	( (861.809	+	860.805)	/	2 )	/	3444.173	*	365
=	861.307					/	3444.173	*	365
=	91.28

Fuxin Dare Automotive Parts 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
=	( (860.805	+	842.612)	/	2 )	/	820.767	*	365 / 4
=	851.7085					/	820.767	*	365 / 4
=	94.69

Fuxin Dare Automotive Parts Co Days Payable Related Terms

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

Fuxin Dare Automotive Parts Co (SZSE:300473) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fuxin Dare Automotive Parts Co Ltd (SZSE:300473) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.55 East Road, Economic Development Zone, Liaoning Province, Fuxin, CHN, 123004

Website

http://www.fzb.com.cn

Fuxin Dare Automotive Parts Co Ltd is engaged in the development, manufacturing, and sales of automotive components. The core business of a is company Automotive and Industrial engineering field. Its products include pumps and electric pumps, motors, electronic control and automotive electronics, noise reduction (NVH) insulation and lightweight products. The products are used in steering, transmission, braking, automotive electronics, and body.

Executives

Li Yi	Director
Kong Ye	Supervisors

Fuxin Dare Automotive Parts Co (SZSE:300473) Headlines

No Headlines