Jiangsu Amer New Material Co (SZSE:002201) Days Payable : 347.79 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Jiangsu Amer New Material Co Days Payable?

Jiangsu Amer New Material Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥766 Mil. Jiangsu Amer New Material Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥201 Mil. Hence, Jiangsu Amer New Material Co's Days Payable for the three months ended in Mar. 2024 was 347.79.

The historical rank and industry rank for Jiangsu Amer New Material Co's Days Payable or its related term are showing as below:

SZSE:002201' s Days Payable Range Over the Past 10 Years
Min: 97.93 Med: 139.3 Max: 226.32
Current: 226.32

During the past 13 years, Jiangsu Amer New Material Co's highest Days Payable was 226.32. The lowest was 97.93. And the median was 139.30.

SZSE:002201's Days Payable is ranked better than
95.35% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs SZSE:002201: 226.32

Jiangsu Amer New Material Co's Days Payable increased from Mar. 2023 (185.07) to Mar. 2024 (347.79). It may suggest that Jiangsu Amer New Material Co delayed paying its suppliers.

Jiangsu Amer New Material Co Days Payable Historical Data

The historical data trend for Jiangsu Amer New Material 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.

Jiangsu Amer New Material Co Days Payable Chart

Jiangsu Amer New Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

104.95

97.93

163.42

160.07

194.59

Jiangsu Amer New Material 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															185.07	139.00	349.07	237.45	347.79

Competitive Comparison of Jiangsu Amer New Material Co's Days Payable

For the Specialty Chemicals subindustry, Jiangsu Amer New Material 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.

Jiangsu Amer New Material Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Amer New Material Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Amer New Material Co's Days Payable falls into.

Jiangsu Amer New Material 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.

Jiangsu Amer New Material 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
=	( (463.288	+	916.046)	/	2 )	/	1293.657	*	365
=	689.667					/	1293.657	*	365
=	194.59

Jiangsu Amer New Material 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
=	( (916.046	+	616.067)	/	2 )	/	200.991	*	365 / 4
=	766.0565					/	200.991	*	365 / 4
=	347.79

Jiangsu Amer New Material Co Days Payable Related Terms

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

Jiangsu Amer New Material Co (SZSE:002201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Jiangsu Amer New Material Co Ltd (SZSE:002201) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Zhongshan Road, Rugao, Jiangsu, CHN, 226500

Website

http://www.cjdg.com

Jiangsu Amer New Material Co Ltd is a manufacturing enterprise for advanced fiberglass textiles in China. It specializes in production and sales of glass fiber yarn, fabrics building materials, decoration materials and other textile glass fiber products and fiberglass reinforced plastic products. The company exported its products to more than 50 countries and regions, including North America, Europe, Southeast Asia, Japan and South Korea.

Jiangsu Amer New Material Co (SZSE:002201) Headlines

No Headlines