Jiangsu Smartwin Electronics Technology Co (SZSE:301106) Days Payable : 106.84 (As of Mar. 2024)

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What is Jiangsu Smartwin Electronics Technology Co Days Payable?

Jiangsu Smartwin Electronics Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥141.7 Mil. Jiangsu Smartwin Electronics Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥121.1 Mil. Hence, Jiangsu Smartwin Electronics Technology Co's Days Payable for the three months ended in Mar. 2024 was 106.84.

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

SZSE:301106' s Days Payable Range Over the Past 10 Years
Min: 100.48 Med: 119.76 Max: 186.97
Current: 100.48

During the past 7 years, Jiangsu Smartwin Electronics Technology Co's highest Days Payable was 186.97. The lowest was 100.48. And the median was 119.76.

SZSE:301106's Days Payable is ranked better than
71.43% of 2422 companies
in the Hardware industry
Industry Median: 67.85 vs SZSE:301106: 100.48

Jiangsu Smartwin Electronics Technology Co's Days Payable declined from Mar. 2023 (128.52) to Mar. 2024 (106.84). It may suggest that Jiangsu Smartwin Electronics Technology Co accelerated paying its suppliers.

Jiangsu Smartwin Electronics Technology Co Days Payable Historical Data

The historical data trend for Jiangsu Smartwin Electronics 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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Jiangsu Smartwin Electronics Technology Co Days Payable Chart

Jiangsu Smartwin Electronics Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

107.72

124.34

111.02

108.13

119.76

Jiangsu Smartwin Electronics Technology Co Quarterly Data
	Dec17	Dec18	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															128.52	93.34	101.51	100.56	106.84

Competitive Comparison of Jiangsu Smartwin Electronics Technology Co's Days Payable

For the Electronic Components subindustry, Jiangsu Smartwin Electronics 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.

Jiangsu Smartwin Electronics Technology Co's Days Payable Distribution in the Hardware Industry

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

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

Jiangsu Smartwin Electronics 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.

Jiangsu Smartwin Electronics 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
=	( (145.985	+	139.853)	/	2 )	/	435.593	*	365
=	142.919					/	435.593	*	365
=	119.76

Jiangsu Smartwin Electronics 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
=	( (139.853	+	143.631)	/	2 )	/	121.061	*	365 / 4
=	141.742					/	121.061	*	365 / 4
=	106.84

Jiangsu Smartwin Electronics Technology Co Days Payable Related Terms

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Jiangsu Smartwin Electronics Technology Co (SZSE:301106) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Smartwin Electronics Technology Co Ltd (SZSE:301106) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

West Side of Xihuan Road, Floor 1-3, Building 01, Jurong Economic Development Zone, Jiangsu Province, Zhenjiang, CHN, 212400

Website

http://www.smartwinlcd.com

Jiangsu Smartwin Electronics Technology Co Ltd is engaged in the research and development, design, production and sales of customized LCD display products.

Jiangsu Smartwin Electronics Technology Co (SZSE:301106) Headlines

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