Jiangsu Ankura Intelligent Power Co (SZSE:300617) Days Payable : 243.08 (As of Mar. 2024)

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What is Jiangsu Ankura Intelligent Power Co Days Payable?

Jiangsu Ankura Intelligent Power Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥389.0 Mil. Jiangsu Ankura Intelligent Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥146.0 Mil. Hence, Jiangsu Ankura Intelligent Power Co's Days Payable for the three months ended in Mar. 2024 was 243.08.

The historical rank and industry rank for Jiangsu Ankura Intelligent Power Co's Days Payable or its related term are showing as below:

SZSE:300617' s Days Payable Range Over the Past 10 Years
Min: 129.43 Med: 215.61 Max: 357.13
Current: 262.48

During the past 12 years, Jiangsu Ankura Intelligent Power Co's highest Days Payable was 357.13. The lowest was 129.43. And the median was 215.61.

SZSE:300617's Days Payable is ranked better than
93.36% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs SZSE:300617: 262.48

Jiangsu Ankura Intelligent Power Co's Days Payable declined from Mar. 2023 (244.00) to Mar. 2024 (243.08). It may suggest that Jiangsu Ankura Intelligent Power Co accelerated paying its suppliers.

Jiangsu Ankura Intelligent Power Co Days Payable Historical Data

The historical data trend for Jiangsu Ankura Intelligent Power 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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Jiangsu Ankura Intelligent Power Co Days Payable Chart

Jiangsu Ankura Intelligent Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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182.86

129.43

130.96

216.05

226.11

Jiangsu Ankura Intelligent Power 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															244.00	278.10	375.17	191.38	243.08

Competitive Comparison of Jiangsu Ankura Intelligent Power Co's Days Payable

For the Electrical Equipment & Parts subindustry, Jiangsu Ankura Intelligent Power 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.

Jiangsu Ankura Intelligent Power Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jiangsu Ankura Intelligent Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Ankura Intelligent Power Co's Days Payable falls into.

Jiangsu Ankura Intelligent Power 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.

Jiangsu Ankura Intelligent Power 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
=	( (331.711	+	364.27)	/	2 )	/	561.753	*	365
=	347.9905					/	561.753	*	365
=	226.11

Jiangsu Ankura Intelligent Power 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
=	( (364.27	+	413.745)	/	2 )	/	146.03	*	365 / 4
=	389.0075					/	146.03	*	365 / 4
=	243.08

Jiangsu Ankura Intelligent Power Co Days Payable Related Terms

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Jiangsu Ankura Intelligent Power Co (SZSE:300617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Ankura Intelligent Power Co Ltd (SZSE:300617) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 100 Tianmuhu Avenue, Tianmu Lake Industrial Park, Jiangsu Province, Liyang, CHN, 213333

Website

http://www.ankura.com.cn

Jiangsu Ankura Smart Transmission Engineering Technology Co Ltd is a China based supplier of ultra-high voltage cable system solutions. It provides customers with connectors, laying materials, monitoring and control of intelligent equipment. In addition, the company also offers customers with the design, construction, and equipment comprehensive professional services including testing, operation and maintenance. The product categories of the company comprise Cable transmission system and GIL transmission system. Cable transmission system includes porcelain sleeve terminal, composite terminal, transformer terminal, and branch connector. GIL transmission system includes gas pipeline bus, GIL casing, and GIL monitoring system.

Executives

Chen Xiao Ming	Director
Wang Jian Ping	Executives
Wang Chun Mei	Executives
Zhao Bing Song	Directors, executives

Jiangsu Ankura Intelligent Power Co (SZSE:300617) Headlines

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