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Bosun Co (SZSE:002282) Days Payable : 50.55 (As of Mar. 2024)


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What is Bosun Co Days Payable?

Bosun Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥150 Mil. Bosun Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥272 Mil. Hence, Bosun Co's Days Payable for the three months ended in Mar. 2024 was 50.55.

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

SZSE:002282' s Days Payable Range Over the Past 10 Years
Min: 45.99   Med: 78.42   Max: 123.23
Current: 46.9

During the past 13 years, Bosun Co's highest Days Payable was 123.23. The lowest was 45.99. And the median was 78.42.

SZSE:002282's Days Payable is ranked worse than
72.94% of 2938 companies
in the Industrial Products industry
Industry Median: 76.8 vs SZSE:002282: 46.90

Bosun Co's Days Payable declined from Mar. 2023 (73.67) to Mar. 2024 (50.55). It may suggest that Bosun Co accelerated paying its suppliers.


Bosun Co Days Payable Historical Data

The historical data trend for Bosun 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.

Bosun Co Days Payable Chart

Bosun Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.69 73.23 64.22 55.61 45.99

Bosun 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.67 43.60 48.78 45.48 50.55

Competitive Comparison of Bosun Co's Days Payable

For the Tools & Accessories subindustry, Bosun 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.


Bosun Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bosun Co's Days Payable distribution charts can be found below:

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



Bosun 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.

Bosun 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
=( (145.836 + 153.537) / 2 ) / 1188.047*365
=149.6865 / 1188.047*365
=45.99

Bosun 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
=( (153.537 + 147.425) / 2 ) / 271.656*365 / 4
=150.481 / 271.656*365 / 4
=50.55

* 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.


Bosun Co Days Payable Related Terms

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Bosun Co (SZSE:002282) Business Description

Traded in Other Exchanges
N/A
Address
Near 289 Changjiang Avenue, National High-Tech Industry Development Zone, Hebei province, Shijiazhuang, CHN
Bosun Co Ltd, formerly Bosun Tools Co Ltd is engaged in research and manufacturing of diamond tools, power tools, and TCT tools. The products of the company include concrete blades, asphalt blades, ductile iron blades, single and double row cup wheels, dry drilling, and wet drilling core bits.
Executives
Chen Huai Rong Director
Yang Jian Hua Director
Chen Huai Kui Supervisors
Jin Fa Bin Director
Zhu Ben Hui Director
Zhang Shu Yu Director
Ren Jing Jian Director
Cheng Hui Director
Lv Gui Qin Supervisors
Zhang Jian Ming Executives
Wang Huan Cheng Director
Wang Zhen Dong Executives
Chen Jin Rong Director

Bosun Co (SZSE:002282) Headlines

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