XDC Industries (Shenzhen) (SZSE:300615) Days Payable : 149.42 (As of Mar. 2024)

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What is XDC Industries (Shenzhen) Days Payable?

XDC Industries (Shenzhen)'s average Accounts Payable for the three months ended in Mar. 2024 was ¥53.5 Mil. XDC Industries (Shenzhen)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ¥32.7 Mil. Hence, XDC Industries (Shenzhen)'s Days Payable for the three months ended in Mar. 2024 was 149.42.

The historical rank and industry rank for XDC Industries (Shenzhen)'s Days Payable or its related term are showing as below:

SZSE:300615' s Days Payable Range Over the Past 10 Years
Min: 91.58 Med: 105.98 Max: 172.99
Current: 172.99

During the past 13 years, XDC Industries (Shenzhen)'s highest Days Payable was 172.99. The lowest was 91.58. And the median was 105.98.

SZSE:300615's Days Payable is ranked better than
87.98% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs SZSE:300615: 172.99

XDC Industries (Shenzhen)'s Days Payable declined from Mar. 2023 (150.53) to Mar. 2024 (149.42). It may suggest that XDC Industries (Shenzhen) accelerated paying its suppliers.

XDC Industries (Shenzhen) Days Payable Historical Data

The historical data trend for XDC Industries (Shenzhen)'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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XDC Industries (Shenzhen) Days Payable Chart

XDC Industries (Shenzhen) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

92.61

103.62

108.34

152.54

127.24

XDC Industries (Shenzhen) 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															150.53	136.19	230.00	262.49	149.42

Competitive Comparison of XDC Industries (Shenzhen)'s Days Payable

For the Electronic Components subindustry, XDC Industries (Shenzhen)'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.

XDC Industries (Shenzhen)'s Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, XDC Industries (Shenzhen)'s Days Payable distribution charts can be found below:

* The bar in red indicates where XDC Industries (Shenzhen)'s Days Payable falls into.

XDC Industries (Shenzhen) 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.

XDC Industries (Shenzhen)'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
=	( (237.825	+	67.091)	/	2 )	/	437.328	*	365
=	152.458					/	437.328	*	365
=	127.24

XDC Industries (Shenzhen)'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
=	( (67.091	+	39.971)	/	2 )	/	32.692	*	365 / 4
=	53.531					/	32.692	*	365 / 4
=	149.42

XDC Industries (Shenzhen) Days Payable Related Terms

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XDC Industries (Shenzhen) (SZSE:300615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » XDC Industries (Shenzhen) Ltd (SZSE:300615) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.05, Chaguang Road, 17th Floor, Vanke Yunchuang, Building B, Bodun Science and Technology Park, Nanshan District, Guangdong, Shenzhen, CHN, 518055

Website

http://www.xdc-industries.com

XDC Industries (Shenzhen) Ltd researches, develops, manufactures, and sells radio frequency metal components for mobile communication industry in China. The firm offers radio frequency, optical electronic, and light communication components, other precise parts and RF structures.

XDC Industries (Shenzhen) (SZSE:300615) Headlines

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