Hamaton Automotive Technology Co (SZSE:300643) Days Payable : 81.61 (As of Mar. 2024)

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What is Hamaton Automotive Technology Co Days Payable?

Hamaton Automotive Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥168 Mil. Hamaton Automotive Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥187 Mil. Hence, Hamaton Automotive Technology Co's Days Payable for the three months ended in Mar. 2024 was 81.61.

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

SZSE:300643' s Days Payable Range Over the Past 10 Years
Min: 64.94 Med: 99.08 Max: 117.79
Current: 83.19

During the past 12 years, Hamaton Automotive Technology Co's highest Days Payable was 117.79. The lowest was 64.94. And the median was 99.08.

SZSE:300643's Days Payable is ranked better than
63.17% of 1260 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs SZSE:300643: 83.19

Hamaton Automotive Technology Co's Days Payable declined from Mar. 2023 (106.50) to Mar. 2024 (81.61). It may suggest that Hamaton Automotive Technology Co accelerated paying its suppliers.

Hamaton Automotive Technology Co Days Payable Historical Data

The historical data trend for Hamaton Automotive Technology 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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Hamaton Automotive Technology Co Days Payable Chart

Hamaton Automotive Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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117.73

102.39

106.11

117.79

98.08

Hamaton Automotive Technology 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															106.50	81.24	79.50	92.12	81.61

Competitive Comparison of Hamaton Automotive Technology Co's Days Payable

For the Auto Manufacturers subindustry, Hamaton Automotive Technology 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.

Hamaton Automotive Technology Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hamaton Automotive Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hamaton Automotive Technology Co's Days Payable falls into.

Hamaton Automotive Technology 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.

Hamaton Automotive Technology 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
=	( (221.786	+	172.812)	/	2 )	/	734.232	*	365
=	197.299					/	734.232	*	365
=	98.08

Hamaton Automotive Technology 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
=	( (172.812	+	162.505)	/	2 )	/	187.46	*	365 / 4
=	167.6585					/	187.46	*	365 / 4
=	81.61

Hamaton Automotive Technology Co Days Payable Related Terms

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Hamaton Automotive Technology Co (SZSE:300643) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hamaton Automotive Technology Co Ltd (SZSE:300643) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12th Zhenxing East Road, Hangzhou Yuhang Economic and Technological Development Zone, Yuhang District, Zhejiang Provinc, Hangzhou, CHN, 311199

Website

http://www.hamaton.com

Hamaton Automotive Technology Co Ltd manufactures and supplies various products to automotive industry. The company is engaged in the development, production and sales of tire valves, tire pressure monitoring systems (TPMS) and related tools and accessories. Its products are mainly sold to Europe, North America, Australia and other regions.

Executives

Xu Jian Feng	Supervisors
Hu Fen Hua	Executives
Yang Fu Jin	Director

Hamaton Automotive Technology Co (SZSE:300643) Headlines

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