Suzhou Chunqiu Electronic Technology Co (SHSE:603890) Days Payable : 149.83 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Suzhou Chunqiu Electronic Technology Co Days Payable?

Suzhou Chunqiu Electronic Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,283 Mil. Suzhou Chunqiu Electronic Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥781 Mil. Hence, Suzhou Chunqiu Electronic Technology Co's Days Payable for the three months ended in Mar. 2024 was 149.83.

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

SHSE:603890' s Days Payable Range Over the Past 10 Years
Min: 123.39 Med: 139.28 Max: 154.25
Current: 139.25

During the past 11 years, Suzhou Chunqiu Electronic Technology Co's highest Days Payable was 154.25. The lowest was 123.39. And the median was 139.28.

SHSE:603890's Days Payable is ranked better than
75.1% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs SHSE:603890: 139.25

Suzhou Chunqiu Electronic Technology Co's Days Payable increased from Mar. 2023 (149.50) to Mar. 2024 (149.83). It may suggest that Suzhou Chunqiu Electronic Technology Co delayed paying its suppliers.

Suzhou Chunqiu Electronic Technology Co Days Payable Historical Data

The historical data trend for Suzhou Chunqiu Electronic 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.

* Premium members only.

Suzhou Chunqiu Electronic Technology Co Days Payable Chart

Suzhou Chunqiu Electronic Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

154.25

131.71

136.82

124.52

143.01

Suzhou Chunqiu Electronic 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															149.50	138.31	123.08	138.66	149.83

Competitive Comparison of Suzhou Chunqiu Electronic Technology Co's Days Payable

For the Metal Fabrication subindustry, Suzhou Chunqiu Electronic 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.

Suzhou Chunqiu Electronic Technology Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Suzhou Chunqiu Electronic Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Chunqiu Electronic Technology Co's Days Payable falls into.

Suzhou Chunqiu Electronic 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.

Suzhou Chunqiu Electronic 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
=	( (998.637	+	1163.78)	/	2 )	/	2759.612	*	365
=	1081.2085					/	2759.612	*	365
=	143.01

Suzhou Chunqiu Electronic 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
=	( (1163.78	+	1401.507)	/	2 )	/	781.162	*	365 / 4
=	1282.6435					/	781.162	*	365 / 4
=	149.83

Suzhou Chunqiu Electronic Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Suzhou Chunqiu Electronic Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Suzhou Chunqiu Electronic Technology Co (SHSE:603890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Suzhou Chunqiu Electronic Technology Co Ltd (SHSE:603890) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

278 Feng Road, Zhangpu Town, Kunshan City, CHN, 215300

Website

http://www.szchunqiu.com

Suzhou Chunqiu Electronic Technology Co Ltd manufactures machine parts and precision mold products. It is engaged in the design, manufacture of plastic and metal parts development. Its customers include Samsung, Lenovo, LG, LinkPoint, among others.

Suzhou Chunqiu Electronic Technology Co (SHSE:603890) Headlines

No Headlines