XGD (SZSE:300130) Days Payable : 96.44 (As of Mar. 2024)

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What is XGD Days Payable?

XGD's average Accounts Payable for the three months ended in Mar. 2024 was ¥462 Mil. XGD's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥437 Mil. Hence, XGD's Days Payable for the three months ended in Mar. 2024 was 96.44.

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

SZSE:300130' s Days Payable Range Over the Past 10 Years
Min: 43.09 Med: 75.03 Max: 171.12
Current: 78.71

During the past 13 years, XGD's highest Days Payable was 171.12. The lowest was 43.09. And the median was 75.03.

SZSE:300130's Days Payable is ranked better than
51.36% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs SZSE:300130: 78.71

XGD's Days Payable increased from Mar. 2023 (55.56) to Mar. 2024 (96.44). It may suggest that XGD delayed paying its suppliers.

XGD Days Payable Historical Data

The historical data trend for XGD'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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XGD Days Payable Chart

XGD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.09

47.13

46.05

46.27

67.21

XGD 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															55.56	66.52	75.00	84.24	96.44

Competitive Comparison of XGD's Days Payable

For the Business Equipment & Supplies subindustry, XGD'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.

XGD's Days Payable Distribution in the Industrial Products Industry

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

* The bar in red indicates where XGD's Days Payable falls into.

XGD 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.

XGD'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
=	( (401.419	+	455.329)	/	2 )	/	2326.433	*	365
=	428.374					/	2326.433	*	365
=	67.21

XGD'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
=	( (455.329	+	469.105)	/	2 )	/	437.321	*	365 / 4
=	462.217					/	437.321	*	365 / 4
=	96.44

XGD Days Payable Related Terms

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XGD (SZSE:300130) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XGD Inc (SZSE:300130) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

17th floor Jinsong,Tairan, Futian District, Shenzhen Trade and Industry Park Building, Shenzhen, CHN

Website

http://www.nexgo.com.cn

XGD Inc is a manufacturer of point of sales (POS) terminals and provide comprehensive associated technical services for electronic payment. It provides electronic funds transfer, debit card service, and other electronic financial services. Its products include smart POS, MINI POS, Wireless POS, Desktop POS, MPOS, and PINPPAD.

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