Wangfujing Group Co (SHSE:600859) Days Payable : 157.00 (As of Dec. 2023)

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What is Wangfujing Group Co Days Payable?

Wangfujing Group Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥2,852 Mil. Wangfujing Group Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥1,658 Mil. Hence, Wangfujing Group Co's Days Payable for the three months ended in Dec. 2023 was 157.00.

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

SHSE:600859' s Days Payable Range Over the Past 10 Years
Min: 40.25 Med: 44.99 Max: 145.93
Current: 133.66

During the past 13 years, Wangfujing Group Co's highest Days Payable was 145.93. The lowest was 40.25. And the median was 44.99.

SHSE:600859's Days Payable is ranked better than
84.42% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs SHSE:600859: 133.66

Wangfujing Group Co's Days Payable increased from Dec. 2022 (141.74) to Dec. 2023 (157.00). It may suggest that Wangfujing Group Co delayed paying its suppliers.

Wangfujing Group Co Days Payable Historical Data

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

Wangfujing Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.05

130.16

145.93

135.48

127.83

Wangfujing 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															141.74	114.13	133.89	138.74	157.00

Competitive Comparison of Wangfujing Group Co's Days Payable

For the Department Stores subindustry, Wangfujing 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.

Wangfujing Group Co's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Wangfujing 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.

Wangfujing 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
=	( (2097.708	+	2882.65)	/	2 )	/	7110.18	*	365
=	2490.179					/	7110.18	*	365
=	127.83

Wangfujing 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
=	( (2821.696	+	2882.65)	/	2 )	/	1657.744	*	365 / 4
=	2852.173					/	1657.744	*	365 / 4
=	157.00

Wangfujing Group Co Days Payable Related Terms

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Wangfujing Group Co (SHSE:600859) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wangfujing Group Co Ltd (SHSE:600859) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 251-253 Wangfujing Avenue, Dongcheng District, Beijing, Beijing, CHN, 100006

Website

http://www.wfj.com.cn

Wangfujing Group Co Ltd is engaged in the development of the retailing business. It owns and operates department stores in Beijing. Wangfujing's retail network covers seven economic regions in South China, Southwest China, Central China, Northwest China, North China, Northeast China, and East China.

Wangfujing Group Co (SHSE:600859) Headlines

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