UTour Group Co (SZSE:002707) Days Payable : 40.72 (As of Mar. 2024)

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What is UTour Group Co Days Payable?

UTour Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥389 Mil. UTour Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥872 Mil. Hence, UTour Group Co's Days Payable for the three months ended in Mar. 2024 was 40.72.

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

SZSE:002707' s Days Payable Range Over the Past 10 Years
Min: 16.23 Med: 22.58 Max: 290.91
Current: 34.82

During the past 13 years, UTour Group Co's highest Days Payable was 290.91. The lowest was 16.23. And the median was 22.58.

SZSE:002707's Days Payable is ranked worse than
68.56% of 757 companies
in the Travel & Leisure industry
Industry Median: 59.94 vs SZSE:002707: 34.82

UTour Group Co's Days Payable declined from Mar. 2023 (200.56) to Mar. 2024 (40.72). It may suggest that UTour Group Co accelerated paying its suppliers.

UTour Group Co Days Payable Historical Data

The historical data trend for UTour Group 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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UTour Group Co Days Payable Chart

UTour Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.18

130.61

290.91

285.13

41.28

UTour Group 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															200.56	45.51	29.17	32.51	40.72

Competitive Comparison of UTour Group Co's Days Payable

For the Travel Services subindustry, UTour Group 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.

UTour Group Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, UTour Group Co's Days Payable distribution charts can be found below:

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

UTour Group 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.

UTour Group 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
=	( (263.159	+	396.558)	/	2 )	/	2916.955	*	365
=	329.8585					/	2916.955	*	365
=	41.28

UTour Group 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
=	( (396.558	+	381.825)	/	2 )	/	872.099	*	365 / 4
=	389.1915					/	872.099	*	365 / 4
=	40.72

UTour Group Co Days Payable Related Terms

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UTour Group Co (SZSE:002707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » UTour Group Co Ltd (SZSE:002707) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Chaoyang Park Road, West 2nd Gate, Chaoyang Park, Chaoyang District, Beijing, CHN, 100125

Website

http://www.utourworld.com

UTour Group Co Ltd is a Chinese company operating as a travel agency. It operates a professional travel service e-commerce website, provides tourists with team travel, hotel reservations, and membership services. The company is mainly engaged in outbound travel wholesale, outbound travel retail, integrated marketing services, long-distance outbound travels in various countries.

UTour Group Co (SZSE:002707) Headlines

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