Shandong Dongyue Organosilicon Materials Co (SZSE:300821) Days Payable : 41.11 (As of Mar. 2024)

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What is Shandong Dongyue Organosilicon Materials Co Days Payable?

Shandong Dongyue Organosilicon Materials Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥591 Mil. Shandong Dongyue Organosilicon Materials Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,312 Mil. Hence, Shandong Dongyue Organosilicon Materials Co's Days Payable for the three months ended in Mar. 2024 was 41.11.

The historical rank and industry rank for Shandong Dongyue Organosilicon Materials Co's Days Payable or its related term are showing as below:

SZSE:300821' s Days Payable Range Over the Past 10 Years
Min: 48.05 Med: 53.08 Max: 81.96
Current: 52.34

During the past 9 years, Shandong Dongyue Organosilicon Materials Co's highest Days Payable was 81.96. The lowest was 48.05. And the median was 53.08.

SZSE:300821's Days Payable is ranked worse than
59.69% of 1506 companies
in the Chemicals industry
Industry Median: 61.065 vs SZSE:300821: 52.34

Shandong Dongyue Organosilicon Materials Co's Days Payable declined from Mar. 2023 (55.51) to Mar. 2024 (41.11). It may suggest that Shandong Dongyue Organosilicon Materials Co accelerated paying its suppliers.

Shandong Dongyue Organosilicon Materials Co Days Payable Historical Data

The historical data trend for Shandong Dongyue Organosilicon Materials 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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Shandong Dongyue Organosilicon Materials Co Days Payable Chart

Shandong Dongyue Organosilicon Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

54.05

59.91

81.96

50.71

49.55

Shandong Dongyue Organosilicon Materials 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															55.51	61.78	49.70	50.75	41.11

Competitive Comparison of Shandong Dongyue Organosilicon Materials Co's Days Payable

For the Specialty Chemicals subindustry, Shandong Dongyue Organosilicon Materials 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.

Shandong Dongyue Organosilicon Materials Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shandong Dongyue Organosilicon Materials Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Dongyue Organosilicon Materials Co's Days Payable falls into.

Shandong Dongyue Organosilicon Materials 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.

Shandong Dongyue Organosilicon Materials 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
=	( (711.585	+	581.619)	/	2 )	/	4763.325	*	365
=	646.602					/	4763.325	*	365
=	49.55

Shandong Dongyue Organosilicon Materials 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
=	( (581.619	+	600.331)	/	2 )	/	1311.896	*	365 / 4
=	590.975					/	1311.896	*	365 / 4
=	41.11

Shandong Dongyue Organosilicon Materials Co Days Payable Related Terms

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Shandong Dongyue Organosilicon Materials Co (SZSE:300821) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Dongyue Organosilicon Materials Co Ltd (SZSE:300821) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lizhai Village, Tangshan Town, Huantai County, Shandong Province, Zibo, CHN, 256401

Website

http://www.dyyjg.com

Shandong Dongyue Organosilicon Materials Co Ltd specializes in the research and development and sales of silicone materials. The company's products include silicone downstream processing products such as silicone rubber, silicone oil, fumed silica, and silicone intermediates. Its products include Monomer, Intermediate, Silicone Rubber, Silicone Oil, Silicone and Fumed Silica.

Executives

Wang Wei Dong	Secretary, Director
Yi Gang	Directors, executives
Yu Yuan	Executives
Zheng Jian Qing	Directors, executives
Zhang Zhe Feng	Director

Shandong Dongyue Organosilicon Materials Co (SZSE:300821) Headlines

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