Xinlei Compressor Co (SZSE:301317) Days Payable : 473.76 (As of Mar. 2024)

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What is Xinlei Compressor Co Days Payable?

Xinlei Compressor Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥658.1 Mil. Xinlei Compressor Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥126.8 Mil. Hence, Xinlei Compressor Co's Days Payable for the three months ended in Mar. 2024 was 473.76.

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

SZSE:301317' s Days Payable Range Over the Past 10 Years
Min: 120.67 Med: 140.03 Max: 316.4
Current: 296.05

During the past 6 years, Xinlei Compressor Co's highest Days Payable was 316.40. The lowest was 120.67. And the median was 140.03.

SZSE:301317's Days Payable is ranked better than
94.65% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs SZSE:301317: 296.05

Xinlei Compressor Co's Days Payable increased from Mar. 2023 (315.71) to Mar. 2024 (473.76). It may suggest that Xinlei Compressor Co delayed paying its suppliers.

Xinlei Compressor Co Days Payable Historical Data

The historical data trend for Xinlei Compressor 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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Xinlei Compressor Co Days Payable Chart

Xinlei Compressor Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

147.05

121.53

133.00

177.92

316.40

Xinlei Compressor Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial												315.71	248.22	372.71	223.75	473.76

Competitive Comparison of Xinlei Compressor Co's Days Payable

For the Specialty Industrial Machinery subindustry, Xinlei Compressor 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.

Xinlei Compressor Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Xinlei Compressor Co's Days Payable falls into.

Xinlei Compressor 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.

Xinlei Compressor 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
=	( (266.799	+	740.627)	/	2 )	/	581.094	*	365
=	503.713					/	581.094	*	365
=	316.40

Xinlei Compressor 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
=	( (740.627	+	575.596)	/	2 )	/	126.757	*	365 / 4
=	658.1115					/	126.757	*	365 / 4
=	473.76

Xinlei Compressor Co Days Payable Related Terms

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Xinlei Compressor Co (SZSE:301317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xinlei Compressor Co Ltd (SZSE:301317) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

Chengxi Industrial Park, Wenling City, Zhejiang Province, Taizhou, CHN, 317500

Website

https://www.xinlei.com

Xinlei Compressor Co Ltd is an air compressor manufacturer specializing in research and development, manufacturing, sales and service of air compressors.

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