Zhejiangnfer Electric Co (SHSE:605336) Days Payable : 275.79 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Zhejiangnfer Electric Co Days Payable?

Zhejiangnfer Electric Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥196.6 Mil. Zhejiangnfer Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥65.1 Mil. Hence, Zhejiangnfer Electric Co's Days Payable for the three months ended in Mar. 2024 was 275.79.

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

SHSE:605336' s Days Payable Range Over the Past 10 Years
Min: 128.29 Med: 138.35 Max: 193.45
Current: 164

During the past 8 years, Zhejiangnfer Electric Co's highest Days Payable was 193.45. The lowest was 128.29. And the median was 138.35.

SHSE:605336's Days Payable is ranked better than
90.39% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.03 vs SHSE:605336: 164.00

Zhejiangnfer Electric Co's Days Payable increased from Mar. 2023 (202.57) to Mar. 2024 (275.79). It may suggest that Zhejiangnfer Electric Co delayed paying its suppliers.

Zhejiangnfer Electric Co Days Payable Historical Data

The historical data trend for Zhejiangnfer 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.

* Premium members only.

Zhejiangnfer Electric Co Days Payable Chart

Zhejiangnfer Electric Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

133.47

172.02

135.76

160.07

193.45

Zhejiangnfer 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															202.57	108.59	189.75	166.84	275.79

Competitive Comparison of Zhejiangnfer Electric Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Zhejiangnfer 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.

Zhejiangnfer Electric Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zhejiangnfer Electric Co's Days Payable distribution charts can be found below:

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

Zhejiangnfer 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.

Zhejiangnfer 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
=	( (237.539	+	230.347)	/	2 )	/	441.394	*	365
=	233.943					/	441.394	*	365
=	193.45

Zhejiangnfer 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
=	( (230.347	+	162.951)	/	2 )	/	65.064	*	365 / 4
=	196.649					/	65.064	*	365 / 4
=	275.79

Zhejiangnfer Electric Co Days Payable Related Terms

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

Zhejiangnfer Electric Co (SHSE:605336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zhejiang Sanfer Electric Co Ltd (SHSE:605336) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Chengdong District, Economic Development Zone, Shengzhou City, Zhejiang Province, Shaoxing, CHN, 312400

Website

http://www.sanfer.com

Zhejiang Sanfer Electric Co Ltd is engaged in design, production and sales of modern new kitchen appliances with integrated stove. The company's technologies include three-burner fire flames, removable and washable invention patents, and DC inverter motors. The product line covers integrated stoves, integrated sinks, dishwashers, and integrated cabinets.

Executives

Ding Han Zhong	Director
Wang Zhong Jie	senior management
Chen Wei	senior management

Zhejiangnfer Electric Co (SHSE:605336) Headlines

No Headlines