Shanghai Golden Union Commercial Management Co (SHSE:603682) Days Payable : 62.30 (As of Mar. 2024)

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What is Shanghai Golden Union Commercial Management Co Days Payable?

Shanghai Golden Union Commercial Management Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥129 Mil. Shanghai Golden Union Commercial Management Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥188 Mil. Hence, Shanghai Golden Union Commercial Management Co's Days Payable for the three months ended in Mar. 2024 was 62.30.

The historical rank and industry rank for Shanghai Golden Union Commercial Management Co's Days Payable or its related term are showing as below:

SHSE:603682' s Days Payable Range Over the Past 10 Years
Min: 37.2 Med: 52.39 Max: 104.63
Current: 62.1

During the past 13 years, Shanghai Golden Union Commercial Management Co's highest Days Payable was 104.63. The lowest was 37.20. And the median was 52.39.

SHSE:603682's Days Payable is ranked worse than
63.94% of 1575 companies
in the Real Estate industry
Industry Median: 99.76 vs SHSE:603682: 62.10

Shanghai Golden Union Commercial Management Co's Days Payable increased from Mar. 2023 (54.04) to Mar. 2024 (62.30). It may suggest that Shanghai Golden Union Commercial Management Co delayed paying its suppliers.

Shanghai Golden Union Commercial Management Co Days Payable Historical Data

The historical data trend for Shanghai Golden Union Commercial Management 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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Shanghai Golden Union Commercial Management Co Days Payable Chart

Shanghai Golden Union Commercial Management Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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53.72

54.35

37.20

41.36

49.56

Shanghai Golden Union Commercial Management 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															54.04	65.78	60.31	60.76	62.30

Competitive Comparison of Shanghai Golden Union Commercial Management Co's Days Payable

For the Real Estate Services subindustry, Shanghai Golden Union Commercial Management 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.

Shanghai Golden Union Commercial Management Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Golden Union Commercial Management Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Golden Union Commercial Management Co's Days Payable falls into.

Shanghai Golden Union Commercial Management 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.

Shanghai Golden Union Commercial Management 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
=	( (68.703	+	131.15)	/	2 )	/	736.008	*	365
=	99.9265					/	736.008	*	365
=	49.56

Shanghai Golden Union Commercial Management 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
=	( (131.15	+	126.208)	/	2 )	/	188.481	*	365 / 4
=	128.679					/	188.481	*	365 / 4
=	62.30

Shanghai Golden Union Commercial Management Co Days Payable Related Terms

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Shanghai Golden Union Commercial Management Co (SHSE:603682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai Golden Union Commercial Management Co Ltd (SHSE:603682) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 140, Tianlin Road, Building 14, Xuhui District, Shanghai, CHN, 200233

Website

http://www.iyuejie.com

Shanghai Golden Union Commercial Management Co Ltd is engaged in positioning design, transformation and operation management of industrial parks and creative industrial parks. The company specializes in the field of urban renewal and provides a one-stop service for the entire value chain of existing commercial properties in cities. Its services improve the value of properties through remarketing, design and transformation of old properties, investment management, and improve the appearance of the city while tapping the historical context of architecture to promote the incubation of cultural and creative industries.

Executives

Zong Liang Ping

senior management

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