China XD Electric Co (SHSE:601179) Days Payable : 228.44 (As of Mar. 2024)

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What is China XD Electric Co Days Payable?

China XD Electric Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥9,628 Mil. China XD Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,846 Mil. Hence, China XD Electric Co's Days Payable for the three months ended in Mar. 2024 was 228.44.

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

SHSE:601179' s Days Payable Range Over the Past 10 Years
Min: 202.57 Med: 232.82 Max: 286.5
Current: 202.57

During the past 13 years, China XD Electric Co's highest Days Payable was 286.50. The lowest was 202.57. And the median was 232.82.

SHSE:601179's Days Payable is ranked better than
86.81% of 2934 companies
in the Industrial Products industry
Industry Median: 76.49 vs SHSE:601179: 202.57

China XD Electric Co's Days Payable increased from Mar. 2023 (213.96) to Mar. 2024 (228.44). It may suggest that China XD Electric Co delayed paying its suppliers.

China XD Electric Co Days Payable Historical Data

The historical data trend for China XD Electric 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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China XD Electric Co Days Payable Chart

China XD Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

236.88

234.43

286.50

210.79

205.18

China XD Electric 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															213.96	225.65	226.63	153.48	228.44

Competitive Comparison of China XD Electric Co's Days Payable

For the Electrical Equipment & Parts subindustry, China XD Electric 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.

China XD Electric Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where China XD Electric Co's Days Payable falls into.

China XD Electric 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.

China XD Electric 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
=	( (9558.933	+	9707.932)	/	2 )	/	17136.883	*	365
=	9633.4325					/	17136.883	*	365
=	205.18

China XD Electric 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
=	( (9707.932	+	9548.792)	/	2 )	/	3846.036	*	365 / 4
=	9628.362					/	3846.036	*	365 / 4
=	228.44

China XD Electric Co Days Payable Related Terms

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China XD Electric Co (SHSE:601179) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China XD Electric Co Ltd (SHSE:601179) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Number 7 Tangxing Road, Xian, CHN, 710075

Website

http://www.xdect.com.cn

China XD Electric Co Ltd researches, develops, manufactures, tests, and inspects a set of equipment for high voltage, extra-high voltage, and ultra-high voltage power transmission and distribution in the People's Republic of China. It provides high voltage DC and AC systems, voltage capacitor transformers, converter transformers, shunt capacitors, smoothing reactors, gas-insulated switchgear, high voltage disconnectors, HGIS products, and filter capacitors.

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