Joyware Electronics Co (SZSE:300270) Days Payable : 933.19 (As of Mar. 2024)

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What is Joyware Electronics Co Days Payable?

Joyware Electronics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥217.6 Mil. Joyware Electronics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥21.3 Mil. Hence, Joyware Electronics Co's Days Payable for the three months ended in Mar. 2024 was 933.19.

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

SZSE:300270' s Days Payable Range Over the Past 10 Years
Min: 250.75 Med: 372.33 Max: 783.24
Current: 750.9

During the past 13 years, Joyware Electronics Co's highest Days Payable was 783.24. The lowest was 250.75. And the median was 372.33.

SZSE:300270's Days Payable is ranked better than
96.76% of 925 companies
in the Business Services industry
Industry Median: 47.75 vs SZSE:300270: 750.90

Joyware Electronics Co's Days Payable increased from Mar. 2023 (882.32) to Mar. 2024 (933.19). It may suggest that Joyware Electronics Co delayed paying its suppliers.

Joyware Electronics Co Days Payable Historical Data

The historical data trend for Joyware Electronics 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.

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Joyware Electronics Co Days Payable Chart

Joyware Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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477.42

413.96

369.59

352.94

783.24

Joyware Electronics 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															882.32	618.26	949.71	631.06	933.19

Competitive Comparison of Joyware Electronics Co's Days Payable

For the Security & Protection Services subindustry, Joyware Electronics 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.

Joyware Electronics Co's Days Payable Distribution in the Business Services Industry

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

* The bar in red indicates where Joyware Electronics Co's Days Payable falls into.

Joyware Electronics 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.

Joyware Electronics 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
=	( (279.771	+	219.345)	/	2 )	/	116.297	*	365
=	249.558					/	116.297	*	365
=	783.24

Joyware Electronics 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
=	( (219.345	+	215.947)	/	2 )	/	21.282	*	365 / 4
=	217.646					/	21.282	*	365 / 4
=	933.19

Joyware Electronics Co Days Payable Related Terms

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Joyware Electronics Co (SZSE:300270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Joyware Electronics Co Ltd (SZSE:300270) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.1819 Xixing Road, 19th, Joyware Building, Hangzhou, CHN, 310051

Website

http://www.joyware.com

Joyware Electronics Co Ltd is a Chinese company engaged in providing digital video network monitoring solutions for highways, financial centers, safe cities, boutiques, supermarkets, and apartments. Its products include dome cameras, bullet cameras, fisheye cameras, PTZ cameras, license cameras, and starlight cameras; industrial Ethernet switches, optical transceivers, and wireless products; and storage products, such as NVR and DVR products. In addition, the company also offers OEM and ODM service to various security product companies. The company sells its products in China and other international countries.

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