Anhui Gujing Distillery Co (SZSE:000596) Days Payable : 225.03 (As of Sep. 2023)

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

What is Anhui Gujing Distillery Co Days Payable?

Anhui Gujing Distillery Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥2,356 Mil. Anhui Gujing Distillery Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥955 Mil. Hence, Anhui Gujing Distillery Co's Days Payable for the three months ended in Sep. 2023 was 225.03.

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

SZSE:000596' s Days Payable Range Over the Past 10 Years
Min: 98.73 Med: 138.06 Max: 203.98
Current: 203.98

During the past 13 years, Anhui Gujing Distillery Co's highest Days Payable was 203.98. The lowest was 98.73. And the median was 138.06.

SZSE:000596's Days Payable is ranked better than
87.13% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 81.54 vs SZSE:000596: 203.98

Anhui Gujing Distillery Co's Days Payable increased from Sep. 2022 (120.86) to Sep. 2023 (225.03). It may suggest that Anhui Gujing Distillery Co delayed paying its suppliers.

Anhui Gujing Distillery Co Days Payable Historical Data

The historical data trend for Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co Days Payable Chart

Anhui Gujing Distillery Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

138.90

158.07

136.92

99.06

186.38

Anhui Gujing Distillery Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															120.86	233.79	187.75	209.70	225.03

Competitive Comparison of Anhui Gujing Distillery Co's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Gujing Distillery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Gujing Distillery Co's Days Payable falls into.

Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1147.552	+	2749.804)	/	2 )	/	3816.322	*	365
=	1948.678					/	3816.322	*	365
=	186.38

Anhui Gujing Distillery Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (2069.449	+	2641.957)	/	2 )	/	955.245	*	365 / 4
=	2355.703					/	955.245	*	365 / 4
=	225.03

Anhui Gujing Distillery Co Days Payable Related Terms

Thank you for viewing the detailed overview of Anhui Gujing Distillery Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Anhui Gujing Distillery Co (SZSE:000596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Anhui Gujing Distillery Co Ltd (SZSE:000596) » Definitions » Days Payable

Traded in Other Exchanges

200596:China

Address

Gujing Town, Anhui Province, Bozhou, CHN, 236820

Website

http://www.gujing.com

Anhui Gujing is one of the eight most famous baijiu brands in China and the largest baijiu distiller in Anhui province by sales in 2022. The company produces rich-flavored baijiu, with a colorful brand story tracing back 1,800 years to the Three Kingdoms period. Gujing is one of the leading players in the midrange to high-end market and enjoys high retail prices and profit margins, with its flagship Gujing Year Puree series contributing 70%-75% of total sales. The State-Owned Assets Supervision and Administration Commission of Bozhou controls 28% of Gujing.

Anhui Gujing Distillery Co (SZSE:000596) Headlines

No Headlines