Kunshan TopA Intelligent Equipment Co (SZSE:300836) Days Payable : 388.23 (As of Mar. 2024)

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What is Kunshan TopA Intelligent Equipment Co Days Payable?

Kunshan TopA Intelligent Equipment Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥210.4 Mil. Kunshan TopA Intelligent Equipment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥49.5 Mil. Hence, Kunshan TopA Intelligent Equipment Co's Days Payable for the three months ended in Mar. 2024 was 388.23.

The historical rank and industry rank for Kunshan TopA Intelligent Equipment Co's Days Payable or its related term are showing as below:

SZSE:300836' s Days Payable Range Over the Past 10 Years
Min: 126.38 Med: 170.4 Max: 208.97
Current: 201.05

During the past 9 years, Kunshan TopA Intelligent Equipment Co's highest Days Payable was 208.97. The lowest was 126.38. And the median was 170.40.

SZSE:300836's Days Payable is ranked better than
86.32% of 2924 companies
in the Industrial Products industry
Industry Median: 76.835 vs SZSE:300836: 201.05

Kunshan TopA Intelligent Equipment Co's Days Payable declined from Mar. 2023 (469.89) to Mar. 2024 (388.23). It may suggest that Kunshan TopA Intelligent Equipment Co accelerated paying its suppliers.

Kunshan TopA Intelligent Equipment Co Days Payable Historical Data

The historical data trend for Kunshan TopA Intelligent Equipment 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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Kunshan TopA Intelligent Equipment Co Days Payable Chart

Kunshan TopA Intelligent Equipment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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126.38

208.97

186.40

174.74

171.66

Kunshan TopA Intelligent Equipment 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															469.89	191.09	436.74	108.55	388.23

Competitive Comparison of Kunshan TopA Intelligent Equipment Co's Days Payable

For the Specialty Industrial Machinery subindustry, Kunshan TopA Intelligent Equipment 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.

Kunshan TopA Intelligent Equipment Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kunshan TopA Intelligent Equipment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kunshan TopA Intelligent Equipment Co's Days Payable falls into.

Kunshan TopA Intelligent Equipment 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.

Kunshan TopA Intelligent Equipment 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
=	( (227.955	+	219.066)	/	2 )	/	475.243	*	365
=	223.5105					/	475.243	*	365
=	171.66

Kunshan TopA Intelligent Equipment 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
=	( (219.066	+	201.774)	/	2 )	/	49.457	*	365 / 4
=	210.42					/	49.457	*	365 / 4
=	388.23

Kunshan TopA Intelligent Equipment Co Days Payable Related Terms

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Kunshan TopA Intelligent Equipment Co (SZSE:300836) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kunshan TopA Intelligent Equipment Co Ltd (SZSE:300836) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 8, No. 232, Yuanfeng Road, Yushan Town, Jiangsu Province, Kunshan, CHN, 214000

Website

http://www.kstopa.com.cn

Kunshan TopA Intelligent Equipment Co Ltd is engaged in the design, manufacture, processing and sales of intelligent manufacturing equipment. The company's products include Baiao Zhizao; Fuse box assembly; Biomark manufactures Siemens stamp production line; ECU assembly line; Synchronous belt loop conveying streamline; and Straight reflux conveying streamline. It provides its products to the consumer electronics and transportation industry.

Executives

Zhuang Hua Feng	Director
Xiao Chao Peng	Directors, executives
Zhu Li Hua	Directors, Directors, and Executives

Kunshan TopA Intelligent Equipment Co (SZSE:300836) Headlines

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