Baota Industry Co (SZSE:000595) Days Payable : 122.87 (As of Mar. 2024)

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What is Baota Industry Co Days Payable?

Baota Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥77.8 Mil. Baota Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥57.8 Mil. Hence, Baota Industry Co's Days Payable for the three months ended in Mar. 2024 was 122.87.

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

SZSE:000595' s Days Payable Range Over the Past 10 Years
Min: 66.11 Med: 167.23 Max: 283.3
Current: 84.63

During the past 13 years, Baota Industry Co's highest Days Payable was 283.30. The lowest was 66.11. And the median was 167.23.

SZSE:000595's Days Payable is ranked better than
55.05% of 2923 companies
in the Industrial Products industry
Industry Median: 76.67 vs SZSE:000595: 84.63

Baota Industry Co's Days Payable increased from Mar. 2023 (105.07) to Mar. 2024 (122.87). It may suggest that Baota Industry Co delayed paying its suppliers.

Baota Industry Co Days Payable Historical Data

The historical data trend for Baota Industry 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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Baota Industry Co Days Payable Chart

Baota Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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184.33

118.39

66.11

77.85

84.02

Baota Industry 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															105.07	98.22	74.09	60.19	122.87

Competitive Comparison of Baota Industry Co's Days Payable

For the Specialty Industrial Machinery subindustry, Baota Industry 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.

Baota Industry Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Baota Industry Co's Days Payable falls into.

Baota Industry 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.

Baota Industry 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
=	( (61.026	+	76.023)	/	2 )	/	297.668	*	365
=	68.5245					/	297.668	*	365
=	84.02

Baota Industry 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
=	( (76.023	+	79.552)	/	2 )	/	57.768	*	365 / 4
=	77.7875					/	57.768	*	365 / 4
=	122.87

Baota Industry Co Days Payable Related Terms

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Baota Industry Co (SZSE:000595) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Baota Industry Co Ltd (SZSE:000595) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 630 Beijing West Road, Xixia District, Yinchuan, Ningxia, CHN, 750021

Website

http://www.nxz.com.cn

Baota Industry Co Ltd operates in the bearing industry. The company can produce bearings from 40mm to 3500mm in diameter. The products of the company are used in rail transit, military industry, precision motor, petroleum machinery, metallurgy machinery, heavy truck, construction machinery, mining machinery, cement machinery and hydraulic engineering. Its products are sold all over China and exported to over 50 countries and regions, such as Europe, America, Asia, and Africa.

Executives

Xu Hong Chang	Supervisors
Yao Zhan Wen	Executives
Lu Xing Liang	Directors, executives
Du Jian Wen	Executives
Wang Jing Bo	Director
Feng Yu	Directors, executives
Zhou Jia Feng	Directors, executives
Zhao Li Bao	Director
Suo Zhan Hai	Executives
Qian Cheng	Director
Yan Hai Xiang	Executives
Hao Peng	Executives
Wang Yu Cai	Executives
Zhen Hai Yang	Directors, executives
Zhang Li Zhong	Director

Baota Industry Co (SZSE:000595) Headlines

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