China Leadshine Technology Co (SZSE:002979) Days Payable : 156.58 (As of Sep. 2024)

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What is China Leadshine Technology Co Days Payable?

China Leadshine Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥342 Mil. China Leadshine Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥199 Mil. Hence, China Leadshine Technology Co's Days Payable for the three months ended in Sep. 2024 was 156.58.

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

SZSE:002979' s Days Payable Range Over the Past 10 Years
Min: 59.72 Med: 99.39 Max: 160.93
Current: 141.33

During the past 12 years, China Leadshine Technology Co's highest Days Payable was 160.93. The lowest was 59.72. And the median was 99.39.

SZSE:002979's Days Payable is ranked better than
75.88% of 2931 companies
in the Industrial Products industry
Industry Median: 75.45 vs SZSE:002979: 141.33

China Leadshine Technology Co's Days Payable declined from Sep. 2023 (175.24) to Sep. 2024 (156.58). It may suggest that China Leadshine Technology Co accelerated paying its suppliers.

China Leadshine Technology Co Days Payable Historical Data

The historical data trend for China Leadshine 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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China Leadshine Technology Co Days Payable Chart

China Leadshine Technology Co Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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90.78

99.39

114.61

142.78

160.93

China Leadshine Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															175.24	167.53	130.22	114.31	156.58

Competitive Comparison of China Leadshine Technology Co's Days Payable

For the Electrical Equipment & Parts subindustry, China Leadshine 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.

China Leadshine Technology Co's Days Payable Distribution in the Industrial Products Industry

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

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

China Leadshine 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.

China Leadshine 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
=	( (401.613	+	369.063)	/	2 )	/	873.965	*	365
=	385.338					/	873.965	*	365
=	160.93

China Leadshine Technology Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (355.738	+	328.426)	/	2 )	/	199.359	*	365 / 4
=	342.082					/	199.359	*	365 / 4
=	156.58

China Leadshine Technology Co Days Payable Related Terms

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China Leadshine Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Leadshine Technology Co Ltd (SZSE:002979) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

1001 Xueyuan Avenue, Taoyuan Street, 9-11 Floor, Building A3, Nanshan Zhiyuan, Nanshan District, Guangdong, Shenzhen, CHN, 518052

Website

http://www.leisai.com

China Leadshine Technology Co Ltd is engaged in production, sales, research and development of motion control core components controllers, drivers, motors, and research and development of application systems in related industries. The company's product portfolio includes Bus driver, Digital stepper motor and driver, Closed-Loop Stepper Motors and Drivers, Hybrid servo system, Low voltage servo system, High-voltage AC servo system, Integrated motor, Accessories, and Motion Control Products.

Executives

Yang Li Wang

Executives

China Leadshine Technology Co Headlines

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