SAIC Motor (SHSE:600104) Days Payable : 180.36 (As of Mar. 2024)

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What is SAIC Motor Days Payable?

SAIC Motor's average Accounts Payable for the three months ended in Mar. 2024 was ¥251,761 Mil. SAIC Motor's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥127,375 Mil. Hence, SAIC Motor's Days Payable for the three months ended in Mar. 2024 was 180.36.

The historical rank and industry rank for SAIC Motor's Days Payable or its related term are showing as below:

SHSE:600104' s Days Payable Range Over the Past 10 Years
Min: 45.47 Med: 75.07 Max: 141.84
Current: 136.48

During the past 13 years, SAIC Motor's highest Days Payable was 141.84. The lowest was 45.47. And the median was 75.07.

SHSE:600104's Days Payable is ranked better than
82.26% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.81 vs SHSE:600104: 136.48

SAIC Motor's Days Payable increased from Mar. 2023 (170.05) to Mar. 2024 (180.36). It may suggest that SAIC Motor delayed paying its suppliers.

SAIC Motor Days Payable Historical Data

The historical data trend for SAIC Motor'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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SAIC Motor Days Payable Chart

SAIC Motor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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81.15

103.33

106.67

123.28

141.84

SAIC Motor 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															170.05	133.45	128.91	121.19	180.36

Competitive Comparison of SAIC Motor's Days Payable

For the Auto Manufacturers subindustry, SAIC Motor'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.

SAIC Motor's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SAIC Motor's Days Payable distribution charts can be found below:

* The bar in red indicates where SAIC Motor's Days Payable falls into.

SAIC Motor 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.

SAIC Motor'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
=	( (244281.071	+	264702.863)	/	2 )	/	654896.12	*	365
=	254491.967					/	654896.12	*	365
=	141.84

SAIC Motor'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
=	( (264702.863	+	238819.461)	/	2 )	/	127374.639	*	365 / 4
=	251761.162					/	127374.639	*	365 / 4
=	180.36

SAIC Motor Days Payable Related Terms

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SAIC Motor (SHSE:600104) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SAIC Motor Corp Ltd (SHSE:600104) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

489 Weihai Road, Shanghai, CHN, 200041

Website

http://www.saicmotor.com

SAIC Motor Corp Ltd builds and sells passenger cars and commercial vehicles. It is exploring intelligent driving technology research and industrialization of exploration. It is engaged in the research, production, and sales of parts for motor drive systems, chassis systems, batteries, electric drives, power electronics, and other new energy vehicles. Further, it is also involved in auto-related services such as logistics, e-commerce, travel, energy saving, and charging services; auto-related finance, insurance, and investment services; and the layout of industries of big data and artificial intelligence.

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