Sharetronic Data Technology Co (SZSE:300857) Days Payable : 87.50 (As of Mar. 2024)

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What is Sharetronic Data Technology Co Days Payable?

Sharetronic Data Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,411 Mil. Sharetronic Data Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,472 Mil. Hence, Sharetronic Data Technology Co's Days Payable for the three months ended in Mar. 2024 was 87.50.

The historical rank and industry rank for Sharetronic Data Technology Co's Days Payable or its related term are showing as below:

SZSE:300857' s Days Payable Range Over the Past 10 Years
Min: 62.55 Med: 79.23 Max: 104.59
Current: 92.4

During the past 8 years, Sharetronic Data Technology Co's highest Days Payable was 104.59. The lowest was 62.55. And the median was 79.23.

SZSE:300857's Days Payable is ranked better than
67.04% of 2421 companies
in the Hardware industry
Industry Median: 67.77 vs SZSE:300857: 92.40

Sharetronic Data Technology Co's Days Payable declined from Mar. 2023 (95.90) to Mar. 2024 (87.50). It may suggest that Sharetronic Data Technology Co accelerated paying its suppliers.

Sharetronic Data Technology Co Days Payable Historical Data

The historical data trend for Sharetronic Data Technology 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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Sharetronic Data Technology Co Days Payable Chart

Sharetronic Data Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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64.35

65.39

81.44

97.49

104.59

Sharetronic Data Technology 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															95.90	89.69	96.22	112.88	87.50

Competitive Comparison of Sharetronic Data Technology Co's Days Payable

For the Consumer Electronics subindustry, Sharetronic Data Technology 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.

Sharetronic Data Technology Co's Days Payable Distribution in the Hardware Industry

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

* The bar in red indicates where Sharetronic Data Technology Co's Days Payable falls into.

Sharetronic Data Technology 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.

Sharetronic Data Technology 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
=	( (764.376	+	1542.853)	/	2 )	/	4026.001	*	365
=	1153.6145					/	4026.001	*	365
=	104.59

Sharetronic Data Technology 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
=	( (1542.853	+	1279.431)	/	2 )	/	1471.607	*	365 / 4
=	1411.142					/	1471.607	*	365 / 4
=	87.50

Sharetronic Data Technology Co Days Payable Related Terms

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Sharetronic Data Technology Co (SZSE:300857) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sharetronic Data Technology Co Ltd (SZSE:300857) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Shennan Avenue, Room 1209, 12th Floor, Block 1, Yaohua Creation Building, Futian District, Guangdong Province, Shenzhen, CHN, 518040

Website

http://www.sharetronic.com

Sharetronic Data Technology Co Ltd is engaged in production and sales of products such as Internet of Things intelligent terminals and data storage devices in the field of consumer electronics. The company provides wireless network and smart terminal. Its production lines mainly focus on Internet of Things, Smart Home, and Car Networking. Its products consist of virtual reality, laptops, wifi IP camera, and NAS storage.

Sharetronic Data Technology Co (SZSE:300857) Headlines

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