Chongqing Yuxin Pingrui Electronic Co (SZSE:301107) Days Payable : 103.50 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Chongqing Yuxin Pingrui Electronic Co Days Payable?

Chongqing Yuxin Pingrui Electronic Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥81.4 Mil. Chongqing Yuxin Pingrui Electronic Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥71.8 Mil. Hence, Chongqing Yuxin Pingrui Electronic Co's Days Payable for the three months ended in Mar. 2024 was 103.50.

The historical rank and industry rank for Chongqing Yuxin Pingrui Electronic Co's Days Payable or its related term are showing as below:

SZSE:301107' s Days Payable Range Over the Past 10 Years
Min: 74.16 Med: 97.55 Max: 127.09
Current: 90.23

During the past 7 years, Chongqing Yuxin Pingrui Electronic Co's highest Days Payable was 127.09. The lowest was 74.16. And the median was 97.55.

SZSE:301107's Days Payable is ranked better than
65.88% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs SZSE:301107: 90.23

Chongqing Yuxin Pingrui Electronic Co's Days Payable increased from Mar. 2023 (81.93) to Mar. 2024 (103.50). It may suggest that Chongqing Yuxin Pingrui Electronic Co delayed paying its suppliers.

Chongqing Yuxin Pingrui Electronic Co Days Payable Historical Data

The historical data trend for Chongqing Yuxin Pingrui Electronic 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.

Chongqing Yuxin Pingrui Electronic Co Days Payable Chart

Chongqing Yuxin Pingrui Electronic Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

127.09

124.57

97.55

98.71

78.45

Chongqing Yuxin Pingrui Electronic 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															81.93	80.49	82.68	97.08	103.50

Competitive Comparison of Chongqing Yuxin Pingrui Electronic Co's Days Payable

For the Electronic Components subindustry, Chongqing Yuxin Pingrui Electronic 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.

Chongqing Yuxin Pingrui Electronic Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Chongqing Yuxin Pingrui Electronic Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chongqing Yuxin Pingrui Electronic Co's Days Payable falls into.

Chongqing Yuxin Pingrui Electronic 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.

Chongqing Yuxin Pingrui Electronic 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
=	( (82.508	+	78.678)	/	2 )	/	374.95	*	365
=	80.593					/	374.95	*	365
=	78.45

Chongqing Yuxin Pingrui Electronic 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
=	( (78.678	+	84.184)	/	2 )	/	71.791	*	365 / 4
=	81.431					/	71.791	*	365 / 4
=	103.50

Chongqing Yuxin Pingrui Electronic Co Days Payable Related Terms

Thank you for viewing the detailed overview of Chongqing Yuxin Pingrui Electronic Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Chongqing Yuxin Pingrui Electronic Co (SZSE:301107) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Chongqing Yuxin Pingrui Electronic Co Ltd (SZSE:301107) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 992, Gaoteng Avenue, Jiulongpo District, Chongqing, CHN, 401329

Website

http://www.cqyx.com.cn

Chongqing Yuxin Pingrui Electronic Co Ltd is engaged in research and development, production and sales of core electronic control components for general gasoline engines and end products.

Chongqing Yuxin Pingrui Electronic Co (SZSE:301107) Headlines

No Headlines