Beijing Lier High-Temperature Materials Co (SZSE:002392) Days Payable : 184.84 (As of Mar. 2024)

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What is Beijing Lier High-Temperature Materials Co Days Payable?

Beijing Lier High-Temperature Materials Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,546 Mil. Beijing Lier High-Temperature Materials Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,257 Mil. Hence, Beijing Lier High-Temperature Materials Co's Days Payable for the three months ended in Mar. 2024 was 184.84.

The historical rank and industry rank for Beijing Lier High-Temperature Materials Co's Days Payable or its related term are showing as below:

SZSE:002392' s Days Payable Range Over the Past 10 Years
Min: 154.69 Med: 205.13 Max: 347.03
Current: 183.64

During the past 13 years, Beijing Lier High-Temperature Materials Co's highest Days Payable was 347.03. The lowest was 154.69. And the median was 205.13.

SZSE:002392's Days Payable is ranked better than
83.79% of 2937 companies
in the Industrial Products industry
Industry Median: 76.66 vs SZSE:002392: 183.64

Beijing Lier High-Temperature Materials Co's Days Payable declined from Mar. 2023 (199.12) to Mar. 2024 (184.84). It may suggest that Beijing Lier High-Temperature Materials Co accelerated paying its suppliers.

Beijing Lier High-Temperature Materials Co Days Payable Historical Data

The historical data trend for Beijing Lier High-Temperature Materials 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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Beijing Lier High-Temperature Materials Co Days Payable Chart

Beijing Lier High-Temperature Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

208.06

166.05

154.69

184.39

185.06

Beijing Lier High-Temperature Materials 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															199.12	204.35	187.95	169.71	184.84

Competitive Comparison of Beijing Lier High-Temperature Materials Co's Days Payable

For the Metal Fabrication subindustry, Beijing Lier High-Temperature Materials 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.

Beijing Lier High-Temperature Materials Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijing Lier High-Temperature Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Lier High-Temperature Materials Co's Days Payable falls into.

Beijing Lier High-Temperature Materials 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.

Beijing Lier High-Temperature Materials 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
=	( (2169.769	+	2505.969)	/	2 )	/	4610.956	*	365
=	2337.869					/	4610.956	*	365
=	185.06

Beijing Lier High-Temperature Materials 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
=	( (2505.969	+	2586.801)	/	2 )	/	1257.048	*	365 / 4
=	2546.385					/	1257.048	*	365 / 4
=	184.84

Beijing Lier High-Temperature Materials Co Days Payable Related Terms

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Beijing Lier High-Temperature Materials Co (SZSE:002392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Lier High-Temperature Materials Co Ltd (SZSE:002392) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrial Park, Changping District, Beijing, CHN, 102211

Website

http://www.bjlirr.com.cn

Beijing Lier High-Temperature Materials Co Ltd is a China-based company. It is engaged in the manufacture and distribution of fireproof materials. The company primarily provides unsetting fireproof materials, machine press setting fireproof products, fireproof preformed units, functional fireproof materials, ceramic fiber products, burning high purity oxide products and others. The Company's fireproof products are mainly applied to steels, nonferrous metals, petrochemical engineering, construction materials and other industries.

Executives

Wang Zheng Feng	Director
Niu Jun Gao	Director
Yang Liu Ji	Executives
Kou Zhi Qi	Supervisors
He Hui Min	Executives
Zhao Shi Jie	Directors, executives
Zhang Jian Chao	Directors, executives
Hao Bu Jing	Directors, executives
Li Luo Zhou	Supervisors
Li Sheng Nan	Director
Zhao Wei	Directors, executives
Zhao Ji Zeng	Director
Li Miao Chun	Supervisors
Feng Wen Xiang	Executives
Zhang Guang Zhi	Director

Beijing Lier High-Temperature Materials Co (SZSE:002392) Headlines

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