Suning.com Co (SZSE:002024) Days Payable : 205.79 (As of Mar. 2024)

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What is Suning.com Co Days Payable?

Suning.com Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥22,097 Mil. Suning.com Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥9,798 Mil. Hence, Suning.com Co's Days Payable for the three months ended in Mar. 2024 was 205.79.

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

SZSE:002024' s Days Payable Range Over the Past 10 Years
Min: 76.71 Med: 101.31 Max: 187.4
Current: 187.4

During the past 13 years, Suning.com Co's highest Days Payable was 187.40. The lowest was 76.71. And the median was 101.31.

SZSE:002024's Days Payable is ranked better than
90.1% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.14 vs SZSE:002024: 187.40

Suning.com Co's Days Payable declined from Mar. 2023 (216.70) to Mar. 2024 (205.79). It may suggest that Suning.com Co accelerated paying its suppliers.

Suning.com Co Days Payable Historical Data

The historical data trend for Suning.com 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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Suning.com Co Days Payable Chart

Suning.com Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

93.27

99.64

125.30

183.94

184.28

Suning.com 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															216.70	170.64	192.62	175.14	205.79

Competitive Comparison of Suning.com Co's Days Payable

For the Specialty Retail subindustry, Suning.com 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.

Suning.com Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Suning.com Co's Days Payable distribution charts can be found below:

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

Suning.com 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.

Suning.com 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
=	( (29485.405	+	21780.077)	/	2 )	/	50769.657	*	365
=	25632.741					/	50769.657	*	365
=	184.28

Suning.com 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
=	( (21780.077	+	22414.467)	/	2 )	/	9798.318	*	365 / 4
=	22097.272					/	9798.318	*	365 / 4
=	205.79

Suning.com Co Days Payable Related Terms

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Suning.com Co (SZSE:002024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Suning.com Co Ltd (SZSE:002024) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Shanxi Road, 1-5th floor, Jinshan Building, Jiangsu Province, Nanjing, CHN, 210042

Website

http://www.suning.cn

Suning.com Co Ltd, formerly Suning Commerce Group Co Ltd, is a retail shop offering electronic appliances such as air-conditioners, refrigerators, washing machines, color TVs, audio-video products, small home appliances, communication products, computers and digital products.

Executives

Li Jian Ying	Supervisors
Zhang Jin Dong	Director
Yao Kai	Executives
Huang Wei	Directors, executives
Meng Xiang Sheng	Directors, executives
Gu Wei	Executives
Hou En Long	Executives
Ren Jun	Director
Tian Rui	Executives
Gong Zhen Yu	Executives
Wang Quan Sheng	Independent director
Sun Wei Min	Director
Jin Ming	Directors, executives
Zhu Hua	Executives

Suning.com Co (SZSE:002024) Headlines

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