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Hangzhou Century Co (SZSE:300078) Days Payable : 175.82 (As of Mar. 2024)


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What is Hangzhou Century Co Days Payable?

Hangzhou Century Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥311.2 Mil. Hangzhou Century Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥161.5 Mil. Hence, Hangzhou Century Co's Days Payable for the three months ended in Mar. 2024 was 175.82.

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

SZSE:300078' s Days Payable Range Over the Past 10 Years
Min: 42.52   Med: 71.16   Max: 152.96
Current: 152.96

During the past 13 years, Hangzhou Century Co's highest Days Payable was 152.96. The lowest was 42.52. And the median was 71.16.

SZSE:300078's Days Payable is ranked better than
83.44% of 924 companies
in the Business Services industry
Industry Median: 47.92 vs SZSE:300078: 152.96

Hangzhou Century Co's Days Payable declined from Mar. 2023 (178.53) to Mar. 2024 (175.82). It may suggest that Hangzhou Century Co accelerated paying its suppliers.


Hangzhou Century Co Days Payable Historical Data

The historical data trend for Hangzhou Century 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.

Hangzhou Century Co Days Payable Chart

Hangzhou Century Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.82 95.03 137.36 136.06 144.68

Hangzhou Century 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 178.53 148.51 240.36 96.57 175.82

Competitive Comparison of Hangzhou Century Co's Days Payable

For the Security & Protection Services subindustry, Hangzhou Century 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.


Hangzhou Century Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hangzhou Century Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hangzhou Century Co's Days Payable falls into.



Hangzhou Century 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.

Hangzhou Century 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
=( (334.78 + 294.923) / 2 ) / 794.313*365
=314.8515 / 794.313*365
=144.68

Hangzhou Century 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
=( (294.923 + 327.496) / 2 ) / 161.519*365 / 4
=311.2095 / 161.519*365 / 4
=175.82

* 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.


Hangzhou Century Co Days Payable Related Terms

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Hangzhou Century Co (SZSE:300078) Business Description

Traded in Other Exchanges
N/A
Address
Shangcheng Economic, Scientific & Technological Park, 1418-48 Moganshan Road, Gongshu, Hangzhou, CHN
Hangzhou Century Co Ltd is engaged in providing electronic article surveillance (EAS) solutions and services. It also specializes in Radio Frequency Identification System (RFID) standardization, as well as the development and services of customized hardware products and industry application solutions. The company's EAS; Digital Display (ESL); Security Display; RFID and Source Tagging.
Executives
Wang Lin Executives
Lu Nan Director
Zhang Ji Directors, executives
Shou Jin Hua Supervisors
Wang Jun Supervisors
Zhang Li Zhong Directors, executives
Zhou Wei Li Executives
Shang Wei Executives
Yu Guo Hua Directors, executives
Lan Zong Zhu Director
Chen Wu Jun Directors, executives
Jiang Shi Ping Director
Wang Yong Supervisors

Hangzhou Century Co (SZSE:300078) Headlines

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