Shaoyang Victor Hydraulics Co (SZSE:301079) Days Payable : 333.22 (As of Mar. 2024)

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What is Shaoyang Victor Hydraulics Co Days Payable?

Shaoyang Victor Hydraulics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥167.1 Mil. Shaoyang Victor Hydraulics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥45.8 Mil. Hence, Shaoyang Victor Hydraulics Co's Days Payable for the three months ended in Mar. 2024 was 333.22.

The historical rank and industry rank for Shaoyang Victor Hydraulics Co's Days Payable or its related term are showing as below:

SZSE:301079' s Days Payable Range Over the Past 10 Years
Min: 69.29 Med: 154.04 Max: 249.23
Current: 233.6

During the past 10 years, Shaoyang Victor Hydraulics Co's highest Days Payable was 249.23. The lowest was 69.29. And the median was 154.04.

SZSE:301079's Days Payable is ranked better than
90.87% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs SZSE:301079: 233.60

Shaoyang Victor Hydraulics Co's Days Payable increased from Mar. 2023 (176.03) to Mar. 2024 (333.22). It may suggest that Shaoyang Victor Hydraulics Co delayed paying its suppliers.

Shaoyang Victor Hydraulics Co Days Payable Historical Data

The historical data trend for Shaoyang Victor Hydraulics 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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Shaoyang Victor Hydraulics Co Days Payable Chart

Shaoyang Victor Hydraulics Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.38

69.29

84.43

154.76

237.97

Shaoyang Victor Hydraulics Co Quarterly Data
	Dec18	Jun19	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															176.03	141.33	210.63	279.36	333.22

Competitive Comparison of Shaoyang Victor Hydraulics Co's Days Payable

For the Specialty Industrial Machinery subindustry, Shaoyang Victor Hydraulics 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.

Shaoyang Victor Hydraulics Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shaoyang Victor Hydraulics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shaoyang Victor Hydraulics Co's Days Payable falls into.

Shaoyang Victor Hydraulics 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.

Shaoyang Victor Hydraulics 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
=	( (99.232	+	168.429)	/	2 )	/	205.273	*	365
=	133.8305					/	205.273	*	365
=	237.97

Shaoyang Victor Hydraulics 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
=	( (168.429	+	165.767)	/	2 )	/	45.759	*	365 / 4
=	167.098					/	45.759	*	365 / 4
=	333.22

Shaoyang Victor Hydraulics Co Days Payable Related Terms

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Shaoyang Victor Hydraulics Co (SZSE:301079) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shaoyang Victor Hydraulics Co Ltd (SZSE:301079) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jianshe Road, Shuangqing District, Hunan Province, Shaoyang, CHN, 422001

Website

http://www.shaoyecn.com

Shaoyang Victor Hydraulics Co Ltd is engaged in the design, research and development, production and sales of Hydraulic plunger pump, hydraulic cylinder, hydraulic system and other products.

Executives

Song Chao Ping	Director
Su Wu Hong	Director
Zhao Tie Jun	Supervisors

Shaoyang Victor Hydraulics Co (SZSE:301079) Headlines

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