Aima Technology Group Co (SHSE:603529) Days Payable : 192.99 (As of Mar. 2024)

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What is Aima Technology Group Co Days Payable?

Aima Technology Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥8,587 Mil. Aima Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥4,060 Mil. Hence, Aima Technology Group Co's Days Payable for the three months ended in Mar. 2024 was 192.99.

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

SHSE:603529' s Days Payable Range Over the Past 10 Years
Min: 161.18 Med: 178.64 Max: 210.16
Current: 199.53

During the past 9 years, Aima Technology Group Co's highest Days Payable was 210.16. The lowest was 161.18. And the median was 178.64.

SHSE:603529's Days Payable is ranked better than
91.9% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs SHSE:603529: 199.53

Aima Technology Group Co's Days Payable declined from Mar. 2023 (195.43) to Mar. 2024 (192.99). It may suggest that Aima Technology Group Co accelerated paying its suppliers.

Aima Technology Group Co Days Payable Historical Data

The historical data trend for Aima Technology Group 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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Aima Technology Group Co Days Payable Chart

Aima Technology Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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178.64

172.68

174.47

172.53

185.80

Aima Technology Group Co Quarterly Data
	Dec18	Jun19	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															195.43	210.02	144.07	306.95	192.99

Competitive Comparison of Aima Technology Group Co's Days Payable

For the Auto Manufacturers subindustry, Aima Technology Group 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.

Aima Technology Group Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aima Technology Group Co's Days Payable distribution charts can be found below:

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

Aima Technology Group 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.

Aima Technology Group 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
=	( (9389.171	+	8491.503)	/	2 )	/	17562.866	*	365
=	8940.337					/	17562.866	*	365
=	185.80

Aima Technology Group 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
=	( (8491.503	+	8682.918)	/	2 )	/	4060.167	*	365 / 4
=	8587.2105					/	4060.167	*	365 / 4
=	192.99

Aima Technology Group Co Days Payable Related Terms

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Aima Technology Group Co (SHSE:603529) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aima Technology Group Co Ltd (SHSE:603529) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Aima Road, Jinghai Economic Development Zone, Tianjin, CHN, 301600

Website

https://www.aimatech.com

Emma Technology Group Co Ltd is engaged in the research and development, production, and sales of electric bicycles, electric mopeds, and electric motorcycles.

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