Power HF Co (SHSE:605100) Days Payable : 120.90 (As of Mar. 2024)

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What is Power HF Co Days Payable?

Power HF Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥337 Mil. Power HF Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥255 Mil. Hence, Power HF Co's Days Payable for the three months ended in Mar. 2024 was 120.90.

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

SHSE:605100' s Days Payable Range Over the Past 10 Years
Min: 94.54 Med: 130.9 Max: 202.53
Current: 123.33

During the past 8 years, Power HF Co's highest Days Payable was 202.53. The lowest was 94.54. And the median was 130.90.

SHSE:605100's Days Payable is ranked better than
70.81% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs SHSE:605100: 123.33

Power HF Co's Days Payable increased from Mar. 2023 (94.43) to Mar. 2024 (120.90). It may suggest that Power HF Co delayed paying its suppliers.

Power HF Co Days Payable Historical Data

The historical data trend for Power HF 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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Power HF Co Days Payable Chart

Power HF Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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113.48

94.54

130.78

196.88

101.74

Power HF 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															94.43	112.99	127.05	129.29	120.90

Competitive Comparison of Power HF Co's Days Payable

For the Specialty Industrial Machinery subindustry, Power HF 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.

Power HF Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Power HF Co's Days Payable falls into.

Power HF 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.

Power HF 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
=	( (301.555	+	307.499)	/	2 )	/	1092.565	*	365
=	304.527					/	1092.565	*	365
=	101.74

Power HF 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
=	( (307.499	+	367.134)	/	2 )	/	254.596	*	365 / 4
=	337.3165					/	254.596	*	365 / 4
=	120.90

Power HF Co Days Payable Related Terms

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Power HF Co (SHSE:605100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Power HF Co Ltd (SHSE:605100) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7879 Yingqian Street, High-tech Zone, Shandong Province, Weifang, CHN, 261041

Website

http://www.powerhf.com

Power HF Co Ltd is engaged in the research and development, manufacturing and sales of diesel engines, core components and intelligent generator sets, as well as comprehensive operation and maintenance services for power facilities such as communication base station generator sets.

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