Hanwei Electronics Group (SZSE:300007) Days Payable : 150.88 (As of Mar. 2024)

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What is Hanwei Electronics Group Days Payable?

Hanwei Electronics Group's average Accounts Payable for the three months ended in Mar. 2024 was ¥750 Mil. Hanwei Electronics Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥453 Mil. Hence, Hanwei Electronics Group's Days Payable for the three months ended in Mar. 2024 was 150.88.

The historical rank and industry rank for Hanwei Electronics Group's Days Payable or its related term are showing as below:

SZSE:300007' s Days Payable Range Over the Past 10 Years
Min: 121.1 Med: 146.06 Max: 246.19
Current: 159.1

During the past 13 years, Hanwei Electronics Group's highest Days Payable was 246.19. The lowest was 121.10. And the median was 146.06.

SZSE:300007's Days Payable is ranked better than
86.29% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs SZSE:300007: 159.10

Hanwei Electronics Group's Days Payable increased from Mar. 2023 (138.64) to Mar. 2024 (150.88). It may suggest that Hanwei Electronics Group delayed paying its suppliers.

Hanwei Electronics Group Days Payable Historical Data

The historical data trend for Hanwei Electronics Group'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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Hanwei Electronics Group Days Payable Chart

Hanwei Electronics Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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121.10

134.81

139.14

148.89

169.17

Hanwei Electronics Group 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															138.64	179.27	228.53	120.41	150.88

Competitive Comparison of Hanwei Electronics Group's Days Payable

For the Scientific & Technical Instruments subindustry, Hanwei Electronics Group'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.

Hanwei Electronics Group's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hanwei Electronics Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Hanwei Electronics Group's Days Payable falls into.

Hanwei Electronics Group 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.

Hanwei Electronics Group'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
=	( (734.883	+	744.686)	/	2 )	/	1596.133	*	365
=	739.7845					/	1596.133	*	365
=	169.17

Hanwei Electronics Group'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
=	( (744.686	+	754.808)	/	2 )	/	453.422	*	365 / 4
=	749.747					/	453.422	*	365 / 4
=	150.88

Hanwei Electronics Group Days Payable Related Terms

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Hanwei Electronics Group (SZSE:300007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hanwei Electronics Group Corporation (SZSE:300007) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 169 Xuesong Road, National High-Tech zone, Zhengzhou, CHN, 450001

Website

http://www.hwsensor.com

Hanwei Electronics Group Corporation is engaged in the manufacturing of gas sensors and instruments in China. The product offered by the company includes Gas Alarm, Portable Gas Detector, Fixed Gas Detector, Alcohol Tester, Smoke alarm and others. The products are widely used in petroleum, chemical, metallurgy, environmental protection, mining, electronics, food, medical health, agriculture, gas, municipal engineering, home security and health, public areas, traffic safety management, sewage treatment, biological sciences, aerospace, military, anti-terrorism and other fields. Geographically the activities are carried out through China.

Executives

Yang Chang Zai	Director
Zhou Zhen	Supervisors
Li Zhi Gang	Directors, executives
Ren Hong Jun	Director
Shang Zhong Feng	Directors, executives
Liu Rui Ling	Directors, executives
Zhang Yan Li	Supervisors
Zhang Xiao Jun	Directors, executives
Li Hang	Securities Affairs Representative
Shang Jian Hong	Executives
Zhang Xiao Shui	Directors, executives
Xiao Feng	Directors, executives, securities affairs represen
Jiao Gui Dong	Directors, executives
Zhong Chao	Director
Jiang Hui Chang	Director

Hanwei Electronics Group (SZSE:300007) Headlines

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