BeiJing StarNeto Technology Co (SZSE:002829) Days Payable : 1,581.05 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is BeiJing StarNeto Technology Co Days Payable?

BeiJing StarNeto Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥475.8 Mil. BeiJing StarNeto Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥27.5 Mil. Hence, BeiJing StarNeto Technology Co's Days Payable for the three months ended in Mar. 2024 was 1,581.05.

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

SZSE:002829' s Days Payable Range Over the Past 10 Years
Min: 131.43 Med: 271.66 Max: 379.27
Current: 379.27

During the past 13 years, BeiJing StarNeto Technology Co's highest Days Payable was 379.27. The lowest was 131.43. And the median was 271.66.

SZSE:002829's Days Payable is ranked better than
96.86% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs SZSE:002829: 379.27

BeiJing StarNeto Technology Co's Days Payable increased from Mar. 2023 (643.50) to Mar. 2024 (1,581.05). It may suggest that BeiJing StarNeto Technology Co delayed paying its suppliers.

BeiJing StarNeto Technology Co Days Payable Historical Data

The historical data trend for BeiJing StarNeto Technology 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.

BeiJing StarNeto Technology Co Days Payable Chart

BeiJing StarNeto Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

293.03

234.45

312.02

277.08

364.87

BeiJing StarNeto Technology 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															643.50	469.73	162.28	768.07	1,581.05

Competitive Comparison of BeiJing StarNeto Technology Co's Days Payable

For the Scientific & Technical Instruments subindustry, BeiJing StarNeto Technology 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 StarNeto Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BeiJing StarNeto Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where BeiJing StarNeto Technology Co's Days Payable falls into.

BeiJing StarNeto Technology 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 StarNeto Technology 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
=	( (479.895	+	505.276)	/	2 )	/	492.764	*	365
=	492.5855					/	492.764	*	365
=	364.87

BeiJing StarNeto Technology 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
=	( (505.276	+	446.3)	/	2 )	/	27.46	*	365 / 4
=	475.788					/	27.46	*	365 / 4
=	1,581.05

BeiJing StarNeto Technology Co Days Payable Related Terms

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

BeiJing StarNeto Technology Co (SZSE:002829) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » BeiJing StarNeto Technology Co Ltd (SZSE:002829) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Lancangchang East Road, Unit 5, Building 4, Building 2, Haidian District, Beijing, CHN, 100097

Website

http://www.starneto.com

BeiJing StarNeto Technology Co Ltd is focused on inertial technology development and industrial application. The principal business activities include research and development, production and sales of inertial integrated navigation, inertial measurement, inertial stability control products. Its product range includes high precision satellite positioning and orientation products, fiber and laser inertial navigation products, tilt sensors, inertial measurement units, photoelectric pods, photoelectric forensics systems, infrared thermal imagers, smart driving test products and radar products such as wireless communication systems, conventional radar systems and miss distance measurement radars.

Executives

Wang Chao	Executives
Chi Jia Sheng	Director
Xu Ye Feng	Directors, executives
Li Guo Sheng	Director
Zhang You Liang	Supervisors
Li Xue Qin	Supervisors
Li Yan Zhuo	Supervisors
Shang Xiu Lei	Supervisors
Huang Jing Chao	Securities Affairs Representative

BeiJing StarNeto Technology Co (SZSE:002829) Headlines

No Headlines