Zhengzhou Tiamaes Technology Co (SZSE:300807) Days Payable : 842.43 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Zhengzhou Tiamaes Technology Co Days Payable?

Zhengzhou Tiamaes Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥67.1 Mil. Zhengzhou Tiamaes Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥7.3 Mil. Hence, Zhengzhou Tiamaes Technology Co's Days Payable for the three months ended in Mar. 2024 was 842.43.

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

SZSE:300807' s Days Payable Range Over the Past 10 Years
Min: 110.39 Med: 145.48 Max: 325.06
Current: 162.15

During the past 12 years, Zhengzhou Tiamaes Technology Co's highest Days Payable was 325.06. The lowest was 110.39. And the median was 145.48.

SZSE:300807's Days Payable is ranked better than
86.65% of 2420 companies
in the Hardware industry
Industry Median: 67.93 vs SZSE:300807: 162.15

Zhengzhou Tiamaes Technology Co's Days Payable increased from Mar. 2023 (631.56) to Mar. 2024 (842.43). It may suggest that Zhengzhou Tiamaes Technology Co delayed paying its suppliers.

Zhengzhou Tiamaes Technology Co Days Payable Historical Data

The historical data trend for Zhengzhou Tiamaes 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.

* Premium members only.

Zhengzhou Tiamaes Technology Co Days Payable Chart

Zhengzhou Tiamaes Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

148.43

325.06

201.04

142.53

207.66

Zhengzhou Tiamaes 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															631.56	211.49	176.87	77.95	842.43

Competitive Comparison of Zhengzhou Tiamaes Technology Co's Days Payable

For the Scientific & Technical Instruments subindustry, Zhengzhou Tiamaes 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.

Zhengzhou Tiamaes Technology Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhengzhou Tiamaes Technology Co's Days Payable distribution charts can be found below:

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

Zhengzhou Tiamaes 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.

Zhengzhou Tiamaes 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
=	( (78.504	+	76.445)	/	2 )	/	136.178	*	365
=	77.4745					/	136.178	*	365
=	207.66

Zhengzhou Tiamaes 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
=	( (76.445	+	57.809)	/	2 )	/	7.271	*	365 / 4
=	67.127					/	7.271	*	365 / 4
=	842.43

Zhengzhou Tiamaes Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Zhengzhou Tiamaes Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhengzhou Tiamaes Technology Co (SZSE:300807) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zhengzhou Tiamaes Technology Co Ltd (SZSE:300807) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 316 Lianhua Street, No. 10 Building, Zhengzhou High-tech Industrial Development Zone, Henan Province, Zhengzhou, CHN, 450000

Website

http://en.tiamaes.com

Zhengzhou Tiamaes Technology Co Ltd operates as a specialized in urban public transport intelligent dispatching platform and research and development and design, production and sales of vehicle electronic products. The company is a provider of information system about urban intelligent transportation solutions and 2G/3G video/GPS/BDS beidou monitoring solutions in domestic,mainly engaged in the development,production and sales of medium andhigh-end system integrated products based on the above solutions,at present has formed the business structure with the vehicle network application field products as main products,with the whole urban bus intelligent solutions as fist products.

Executives

Shi Lei Lei	Supervisors
Zhang Zhen Hua	Executives
Si Ai Jun	Independent director

Zhengzhou Tiamaes Technology Co (SZSE:300807) Headlines

No Headlines