Shenzhen Aisidi Co (SZSE:002416) Days Payable : 4.83 (As of Mar. 2024)

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What is Shenzhen Aisidi Co Days Payable?

Shenzhen Aisidi Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,103 Mil. Shenzhen Aisidi Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥20,855 Mil. Hence, Shenzhen Aisidi Co's Days Payable for the three months ended in Mar. 2024 was 4.83.

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

SZSE:002416' s Days Payable Range Over the Past 10 Years
Min: 2.9 Med: 9.98 Max: 23.49
Current: 3.47

During the past 13 years, Shenzhen Aisidi Co's highest Days Payable was 23.49. The lowest was 2.90. And the median was 9.98.

SZSE:002416's Days Payable is ranked worse than
97.22% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.14 vs SZSE:002416: 3.47

Shenzhen Aisidi Co's Days Payable increased from Mar. 2023 (2.54) to Mar. 2024 (4.83). It may suggest that Shenzhen Aisidi Co delayed paying its suppliers.

Shenzhen Aisidi Co Days Payable Historical Data

The historical data trend for Shenzhen Aisidi 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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Shenzhen Aisidi Co Days Payable Chart

Shenzhen Aisidi Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

6.48

9.96

5.19

3.37

2.90

Shenzhen Aisidi 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															2.54	2.83	2.37	2.83	4.83

Competitive Comparison of Shenzhen Aisidi Co's Days Payable

For the Specialty Retail subindustry, Shenzhen Aisidi 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.

Shenzhen Aisidi Co's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Shenzhen Aisidi 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.

Shenzhen Aisidi 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
=	( (635.245	+	782.919)	/	2 )	/	89168.326	*	365
=	709.082					/	89168.326	*	365
=	2.90

Shenzhen Aisidi 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
=	( (782.919	+	1423.901)	/	2 )	/	20854.681	*	365 / 4
=	1103.41					/	20854.681	*	365 / 4
=	4.83

Shenzhen Aisidi Co Days Payable Related Terms

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Shenzhen Aisidi Co (SZSE:002416) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shenzhen Aisidi Co Ltd (SZSE:002416) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinsong Building East Terra 20th Floor, Terra Avenue Futian District, Shenzhen, CHN, 518040

Website

http://www.aisidi.com

Shenzhen Aisidi Co Ltd is a China-based company. It engages in the distribution and retail of mobile phones and digital electronic products. The company has four business segments of intelligent terminal products, communication services, financial services and e-commerce platforms. Its products include mobile communication terminal products, digital electronic consumer products, communication services, mobile internet, and finance.

Executives

Huang Wen Hui	Director
Liu Hong Hua	Executives
Mi Ze Dong	Directors, executives
Yang Zhi	Executives
Chen Liang	Executives
Zhou You Meng	Directors, executives
Huang Shao Wu	Director
Xia Xiao Hua	Director
Liu Hao	Executives
Chen Bei	Directors, executives
Zhang Peng	Supervisors
Guo Xu Yong	Director

Shenzhen Aisidi Co (SZSE:002416) Headlines

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