Shenzhen AV-Display Co (SZSE:300939) Days Payable : 102.46 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Shenzhen AV-Display Co Days Payable?

Shenzhen AV-Display Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥180.4 Mil. Shenzhen AV-Display Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥160.7 Mil. Hence, Shenzhen AV-Display Co's Days Payable for the three months ended in Mar. 2024 was 102.46.

The historical rank and industry rank for Shenzhen AV-Display Co's Days Payable or its related term are showing as below:

SZSE:300939' s Days Payable Range Over the Past 10 Years
Min: 71.08 Med: 85.68 Max: 106.79
Current: 85.98

During the past 8 years, Shenzhen AV-Display Co's highest Days Payable was 106.79. The lowest was 71.08. And the median was 85.68.

SZSE:300939's Days Payable is ranked better than
63.36% of 2418 companies
in the Hardware industry
Industry Median: 68.005 vs SZSE:300939: 85.98

Shenzhen AV-Display Co's Days Payable increased from Mar. 2023 (98.13) to Mar. 2024 (102.46). It may suggest that Shenzhen AV-Display Co delayed paying its suppliers.

Shenzhen AV-Display Co Days Payable Historical Data

The historical data trend for Shenzhen AV-Display 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.

Shenzhen AV-Display Co Days Payable Chart

Shenzhen AV-Display Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

80.33

86.08

71.08

85.28

98.95

Shenzhen AV-Display 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															98.13	80.12	80.12	81.37	102.46

Competitive Comparison of Shenzhen AV-Display Co's Days Payable

For the Electronic Components subindustry, Shenzhen AV-Display 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.

Shenzhen AV-Display Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shenzhen AV-Display Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen AV-Display Co's Days Payable falls into.

Shenzhen AV-Display 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.

Shenzhen AV-Display 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
=	( (197.055	+	190.272)	/	2 )	/	714.358	*	365
=	193.6635					/	714.358	*	365
=	98.95

Shenzhen AV-Display 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
=	( (190.272	+	170.581)	/	2 )	/	160.683	*	365 / 4
=	180.4265					/	160.683	*	365 / 4
=	102.46

Shenzhen AV-Display Co Days Payable Related Terms

Thank you for viewing the detailed overview of Shenzhen AV-Display Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen AV-Display Co (SZSE:300939) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen AV-Display Co Ltd (SZSE:300939) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.39, Jin Yuan Road, He Ao Jin Yuan Industrial Park, Yuanshan, Long Gang, Guangdong Province, Shenzhen, CHN, 518115

Website

http://www.av-display.com.cn

Shenzhen AV-Display Co Ltd is involved in designing and manufacturing a range of display products, such as color TFT modules, CTP - Capacitive Touch Panels, monochrome LCD panels, and modules, Shutters. The display solutions are used in a wide range of applications, such as Industrial control, home automation, appliance, HMI, medical, metering, and automotive.

Shenzhen AV-Display Co (SZSE:300939) Headlines

No Headlines