Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Days Payable : 54.53 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Shanghai Jin Jiang International Hotel (Group) Co Days Payable?

Shanghai Jin Jiang International Hotel (Group) Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥1,319 Mil. Shanghai Jin Jiang International Hotel (Group) Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥2,207 Mil. Hence, Shanghai Jin Jiang International Hotel (Group) Co's Days Payable for the three months ended in Dec. 2023 was 54.53.

The historical rank and industry rank for Shanghai Jin Jiang International Hotel (Group) Co's Days Payable or its related term are showing as below:

SHSE:600754' s Days Payable Range Over the Past 10 Years
Min: 56.14 Med: 489.64 Max: 590.45
Current: 56.14

During the past 13 years, Shanghai Jin Jiang International Hotel (Group) Co's highest Days Payable was 590.45. The lowest was 56.14. And the median was 489.64.

SHSE:600754's Days Payable is ranked worse than
52.06% of 751 companies
in the Travel & Leisure industry
Industry Median: 60.26 vs SHSE:600754: 56.14

Shanghai Jin Jiang International Hotel (Group) Co's Days Payable increased from Dec. 2022 (50.32) to Dec. 2023 (54.53). It may suggest that Shanghai Jin Jiang International Hotel (Group) Co delayed paying its suppliers.

Shanghai Jin Jiang International Hotel (Group) Co Days Payable Historical Data

The historical data trend for Shanghai Jin Jiang International Hotel (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.

* Premium members only.

Shanghai Jin Jiang International Hotel (Group) Co Days Payable Chart

Shanghai Jin Jiang International Hotel (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

482.11

83.35

59.42

58.68

59.88

Shanghai Jin Jiang International Hotel (Group) Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															50.32	62.76	56.27	48.86	54.53

Competitive Comparison of Shanghai Jin Jiang International Hotel (Group) Co's Days Payable

For the Lodging subindustry, Shanghai Jin Jiang International Hotel (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.

Shanghai Jin Jiang International Hotel (Group) Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Jin Jiang International Hotel (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Jin Jiang International Hotel (Group) Co's Days Payable falls into.

Shanghai Jin Jiang International Hotel (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.

Shanghai Jin Jiang International Hotel (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
=	( (1339.196	+	1449.129)	/	2 )	/	8498.37	*	365
=	1394.1625					/	8498.37	*	365
=	59.88

Shanghai Jin Jiang International Hotel (Group) Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1188.804	+	1449.129)	/	2 )	/	2207.259	*	365 / 4
=	1318.9665					/	2207.259	*	365 / 4
=	54.53

Shanghai Jin Jiang International Hotel (Group) Co Days Payable Related Terms

Thank you for viewing the detailed overview of Shanghai Jin Jiang International Hotel (Group) Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shanghai Jin Jiang International Hotel (Group) Co Ltd (SHSE:600754) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

900934:China

Address

No. 100 Yan an East Road, 26th Floor, Union Building, Shanghai, CHN

Website

http://www.jinjianghotels.com.cn

Shanghai Jin Jiang International Hotel (Group) Co Ltd is one of the leading hotel group in China, engaged in hotel operation and management, franchising, and the businesses of restaurants, transportation, logistics, and travel agency. The group operates a wide range of hotels, including full-service hotels and select service hotels.

Shanghai Jin Jiang International Hotel (Group) Co (SHSE:600754) Headlines

No Headlines