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Shaanxi Jinye Science Technology and Education Group Co (SZSE:000812) Days Payable : 189.03 (As of Mar. 2024)


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What is Shaanxi Jinye Science Technology and Education Group Co Days Payable?

Shaanxi Jinye Science Technology and Education Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥489 Mil. Shaanxi Jinye Science Technology and Education Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥236 Mil. Hence, Shaanxi Jinye Science Technology and Education Group Co's Days Payable for the three months ended in Mar. 2024 was 189.03.

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

SZSE:000812' s Days Payable Range Over the Past 10 Years
Min: 78.39   Med: 147.43   Max: 189.03
Current: 177.81

During the past 13 years, Shaanxi Jinye Science Technology and Education Group Co's highest Days Payable was 189.03. The lowest was 78.39. And the median was 147.43.

SZSE:000812's Days Payable is ranked better than
86.15% of 924 companies
in the Business Services industry
Industry Median: 47.92 vs SZSE:000812: 177.81

Shaanxi Jinye Science Technology and Education Group Co's Days Payable declined from Mar. 2023 (197.95) to Mar. 2024 (189.03). It may suggest that Shaanxi Jinye Science Technology and Education Group Co accelerated paying its suppliers.


Shaanxi Jinye Science Technology and Education Group Co Days Payable Historical Data

The historical data trend for Shaanxi Jinye Science Technology and Education 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.

* Premium members only.

Shaanxi Jinye Science Technology and Education Group Co Days Payable Chart

Shaanxi Jinye Science Technology and Education Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 188.27 152.79 143.54 189.03 187.82

Shaanxi Jinye Science Technology and Education Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 197.95 210.60 160.06 150.13 189.03

Competitive Comparison of Shaanxi Jinye Science Technology and Education Group Co's Days Payable

For the Specialty Business Services subindustry, Shaanxi Jinye Science Technology and Education 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.


Shaanxi Jinye Science Technology and Education Group Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shaanxi Jinye Science Technology and Education Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shaanxi Jinye Science Technology and Education Group Co's Days Payable falls into.



Shaanxi Jinye Science Technology and Education 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.

Shaanxi Jinye Science Technology and Education 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
=( (454.588 + 466.109) / 2 ) / 894.639*365
=460.3485 / 894.639*365
=187.82

Shaanxi Jinye Science Technology and Education 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
=( (466.109 + 512.654) / 2 ) / 236.237*365 / 4
=489.3815 / 236.237*365 / 4
=189.03

* 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.


Shaanxi Jinye Science Technology and Education Group Co Days Payable Related Terms

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Shaanxi Jinye Science Technology and Education Group Co (SZSE:000812) Business Description

Traded in Other Exchanges
N/A
Address
No. 100 2nd Ring Road West Section, Jinye Xiandai Zhichuang, 6F, Xi'an, Shanxi, CHN, 710065
Shaanxi Jinye Science Technology And Education Co Ltd engages in the packaging and decorating of printed materials and the operation of high-tech digital printing technology. It is also involved in the education and cultural industries in China.
Executives
Qin Zhong Executives
Xiong Han Cheng Directors, executives
Yuan Han Yuan Director
Yan Kai Secretary Dong
Liang Xin Sheng Executives
Zhou Xin Qing Executives
Zhao Tian Jiao Directors, executives
Wang Zhou Suo Supervisors
Zhang You Qiang Executives
Shen Ke Qin Executives
Cheng Bin Executives
Liang Pei Rong Director
Li Jing Executives
Li Qing Quan Executives
Zhang Chi Lei Executives

Shaanxi Jinye Science Technology and Education Group Co (SZSE:000812) Headlines

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