Estun Automation Co (SZSE:002747) Days Payable : 259.96 (As of Mar. 2024)

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What is Estun Automation Co Days Payable?

Estun Automation Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,925 Mil. Estun Automation Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥676 Mil. Hence, Estun Automation Co's Days Payable for the three months ended in Mar. 2024 was 259.96.

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

SZSE:002747' s Days Payable Range Over the Past 10 Years
Min: 61.68 Med: 134.81 Max: 189.32
Current: 188.05

During the past 13 years, Estun Automation Co's highest Days Payable was 189.32. The lowest was 61.68. And the median was 134.81.

SZSE:002747's Days Payable is ranked better than
84.67% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs SZSE:002747: 188.05

Estun Automation Co's Days Payable increased from Mar. 2023 (187.53) to Mar. 2024 (259.96). It may suggest that Estun Automation Co delayed paying its suppliers.

Estun Automation Co Days Payable Historical Data

The historical data trend for Estun Automation 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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Estun Automation Co Days Payable Chart

Estun Automation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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151.49

104.93

106.91

140.06

189.32

Estun Automation 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															187.53	155.84	205.78	156.49	259.96

Competitive Comparison of Estun Automation Co's Days Payable

For the Specialty Industrial Machinery subindustry, Estun Automation 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.

Estun Automation Co's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where Estun Automation Co's Days Payable falls into.

Estun Automation 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.

Estun Automation 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
=	( (1298.642	+	1986.164)	/	2 )	/	3166.512	*	365
=	1642.403					/	3166.512	*	365
=	189.32

Estun Automation 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
=	( (1986.164	+	1864.598)	/	2 )	/	675.846	*	365 / 4
=	1925.381					/	675.846	*	365 / 4
=	259.96

Estun Automation Co Days Payable Related Terms

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Estun Automation Co (SZSE:002747) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Estun Automation Co Ltd (SZSE:002747) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.155, Jiangjun Avenue, Jiangning Economic Development Zone, Nanjing, CHN, 211106

Website

http://www.estun.com

Estun is a leading industrial automation company and the largest domestic industrial robot manufacturer in China. It offers computerized numerical control, or CNC, systems, servo systems, motion control systems, automation solutions and industrial robots.Estun's industrial robots include six-axis general-purpose robots, four-axis palletizing robots, SCARA robots and industry-specific customized robots. Six-axis general-purpose robots account for more than 80% of robot shipments in 2021. The main application areas include welding, sheet metal bending, photovoltaic typesetting, among others.

Executives

Wu Bo	Director
Zhou Ai Lin	Directors, executives
Qian Wei	Director
Yuan Qin	Directors, Directors, and Executives
Jiang Xing Ke	Executives
Wang Jue	Executives
Xu Qiu Yun	Directors, executives

Estun Automation Co (SZSE:002747) Headlines

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