Guangdong Dtech Technology Co (SZSE:301377) Days Payable : 158.76 (As of Mar. 2024)

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What is Guangdong Dtech Technology Co Days Payable?

Guangdong Dtech Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥383 Mil. Guangdong Dtech Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥220 Mil. Hence, Guangdong Dtech Technology Co's Days Payable for the three months ended in Mar. 2024 was 158.76.

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

SZSE:301377' s Days Payable Range Over the Past 10 Years
Min: 140.33 Med: 175.84 Max: 296.75
Current: 140.33

During the past 6 years, Guangdong Dtech Technology Co's highest Days Payable was 296.75. The lowest was 140.33. And the median was 175.84.

SZSE:301377's Days Payable is ranked better than
83.06% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs SZSE:301377: 140.33

Guangdong Dtech Technology Co's Days Payable increased from Mar. 2023 (157.67) to Mar. 2024 (158.76). It may suggest that Guangdong Dtech Technology Co delayed paying its suppliers.

Guangdong Dtech Technology Co Days Payable Historical Data

The historical data trend for Guangdong Dtech 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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Guangdong Dtech Technology Co Days Payable Chart

Guangdong Dtech Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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189.22

175.84

167.65

146.26

Guangdong Dtech Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial											157.67	135.89	145.80	125.62	158.76

Competitive Comparison of Guangdong Dtech Technology Co's Days Payable

For the Electronic Components subindustry, Guangdong Dtech 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.

Guangdong Dtech Technology Co's Days Payable Distribution in the Hardware Industry

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

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

Guangdong Dtech 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.

Guangdong Dtech 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
=	( (293.635	+	379.04)	/	2 )	/	839.358	*	365
=	336.3375					/	839.358	*	365
=	146.26

Guangdong Dtech 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
=	( (379.04	+	387.861)	/	2 )	/	220.39	*	365 / 4
=	383.4505					/	220.39	*	365 / 4
=	158.76

Guangdong Dtech Technology Co Days Payable Related Terms

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Guangdong Dtech Technology Co (SZSE:301377) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong Dtech Technology Co Ltd (SZSE:301377) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12, Chiling Industrial First Ring Road, Room 102, Building 2, Houjie Town, Guangdong Province, Dongguan, CHN, 523940

Website

http://www.dtechs.cn

Guangdong Dtech Technology Co Ltd provides integrated solutions of tools, materials and equipment for enterprises in the fields of printed circuit board and CNC precision parts.

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