Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Days Payable : 674.51 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Guangzhou Hi-Target Navigation Tech Co Days Payable?

Guangzhou Hi-Target Navigation Tech Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥525 Mil. Guangzhou Hi-Target Navigation Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥71 Mil. Hence, Guangzhou Hi-Target Navigation Tech Co's Days Payable for the three months ended in Mar. 2024 was 674.51.

The historical rank and industry rank for Guangzhou Hi-Target Navigation Tech Co's Days Payable or its related term are showing as below:

SZSE:300177' s Days Payable Range Over the Past 10 Years
Min: 82.14 Med: 106.27 Max: 264.58
Current: 264.58

During the past 13 years, Guangzhou Hi-Target Navigation Tech Co's highest Days Payable was 264.58. The lowest was 82.14. And the median was 106.27.

SZSE:300177's Days Payable is ranked better than
94.55% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs SZSE:300177: 264.58

Guangzhou Hi-Target Navigation Tech Co's Days Payable increased from Mar. 2023 (378.74) to Mar. 2024 (674.51). It may suggest that Guangzhou Hi-Target Navigation Tech Co delayed paying its suppliers.

Guangzhou Hi-Target Navigation Tech Co Days Payable Historical Data

The historical data trend for Guangzhou Hi-Target Navigation Tech 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.

Guangzhou Hi-Target Navigation Tech Co Days Payable Chart

Guangzhou Hi-Target Navigation Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

110.35

130.80

138.90

200.36

255.56

Guangzhou Hi-Target Navigation Tech 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															378.74	192.27	294.23	211.39	674.51

Competitive Comparison of Guangzhou Hi-Target Navigation Tech Co's Days Payable

For the Scientific & Technical Instruments subindustry, Guangzhou Hi-Target Navigation Tech 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.

Guangzhou Hi-Target Navigation Tech Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Guangzhou Hi-Target Navigation Tech Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangzhou Hi-Target Navigation Tech Co's Days Payable falls into.

Guangzhou Hi-Target Navigation Tech 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.

Guangzhou Hi-Target Navigation Tech 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
=	( (467.73	+	584.749)	/	2 )	/	751.594	*	365
=	526.2395					/	751.594	*	365
=	255.56

Guangzhou Hi-Target Navigation Tech 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
=	( (584.749	+	465.116)	/	2 )	/	71.015	*	365 / 4
=	524.9325					/	71.015	*	365 / 4
=	674.51

Guangzhou Hi-Target Navigation Tech Co Days Payable Related Terms

Thank you for viewing the detailed overview of Guangzhou Hi-Target Navigation Tech Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangzhou Hi-Target Navigation Tech Co Ltd (SZSE:300177) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 555, North of Panyu Road, Building 13, Tian'An Technology Zone, Panyu District, Guangzhou, CHN, 511400

Website

http://www.zhdgps.com

Guangzhou Hi-Target Navigation Tech Co Ltd is engaged in providing professional high-precision geographic instrument solutions. It offers GPS/GNSS, total stations, GIS mapping products, hydrographic surveying products, UAVs, 3D laser system instruments and BDS high-precision application products, precision agriculture products, precision machine controls and indoor localization solutions.

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Headlines

No Headlines