Fanli Digital Technology Co (SHSE:600228) Days Payable : 107.05 (As of Mar. 2024)

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What is Fanli Digital Technology Co Days Payable?

Fanli Digital Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥39.5 Mil. Fanli Digital Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥33.7 Mil. Hence, Fanli Digital Technology Co's Days Payable for the three months ended in Mar. 2024 was 107.05.

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

SHSE:600228' s Days Payable Range Over the Past 10 Years
Min: 23.82 Med: 31.14 Max: 180.39
Current: 142.08

During the past 13 years, Fanli Digital Technology Co's highest Days Payable was 180.39. The lowest was 23.82. And the median was 31.14.

SHSE:600228's Days Payable is ranked better than
76.5% of 234 companies
in the Agriculture industry
Industry Median: 78.425 vs SHSE:600228: 142.08

Fanli Digital Technology Co's Days Payable declined from Mar. 2023 (167.21) to Mar. 2024 (107.05). It may suggest that Fanli Digital Technology Co accelerated paying its suppliers.

Fanli Digital Technology Co Days Payable Historical Data

The historical data trend for Fanli Digital 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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Fanli Digital Technology Co Days Payable Chart

Fanli Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.58

136.21

133.33

169.42

180.39

Fanli Digital Technology Co 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															167.21	153.92	157.75	157.84	107.05

Competitive Comparison of Fanli Digital Technology Co's Days Payable

For the Agricultural Inputs subindustry, Fanli Digital 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.

Fanli Digital Technology Co's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Fanli Digital Technology Co's Days Payable distribution charts can be found below:

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

Fanli Digital 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.

Fanli Digital 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
=	( (58.918	+	38.779)	/	2 )	/	98.839	*	365
=	48.8485					/	98.839	*	365
=	180.39

Fanli Digital 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
=	( (38.779	+	40.203)	/	2 )	/	33.663	*	365 / 4
=	39.491					/	33.663	*	365 / 4
=	107.05

Fanli Digital Technology Co Days Payable Related Terms

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Fanli Digital Technology Co (SHSE:600228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Fanli Digital Technology Co Ltd (SHSE:600228) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 31, Changzheng Avenue, Room 805, 8th Floor, Chamber of Commerce Building, Zhanggong District, Jiangxi Province, Ganzhou, CHN, 200232

Website

http://www.corp.fanli.com

Fanli Digital Technology Co Ltd formerly Jiangxi Changjiu Biochemical Industry Co Ltd is a coal chemical company in Jiangxi, China. Its products include synthetic ammonia, urea, methanol, acrylamide, hydrogen peroxide, silica hydrated, liquid carbon dioxide, plastic pipes and oxygen. Geographically, the activities are carried out through China.

Fanli Digital Technology Co (SHSE:600228) Headlines

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