Kunshan Supermix Printing Technology Co (BJSE:872392) Days Payable : 67.55 (As of Mar. 2024)

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What is Kunshan Supermix Printing Technology Co Days Payable?

Kunshan Supermix Printing Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥52.8 Mil. Kunshan Supermix Printing Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥71.4 Mil. Hence, Kunshan Supermix Printing Technology Co's Days Payable for the three months ended in Mar. 2024 was 67.55.

The historical rank and industry rank for Kunshan Supermix Printing Technology Co's Days Payable or its related term are showing as below:

BJSE:872392' s Days Payable Range Over the Past 10 Years
Min: 32.89 Med: 38.81 Max: 171.95
Current: 45.14

During the past 8 years, Kunshan Supermix Printing Technology Co's highest Days Payable was 171.95. The lowest was 32.89. And the median was 38.81.

BJSE:872392's Days Payable is ranked worse than
66.58% of 365 companies
in the Packaging & Containers industry
Industry Median: 60.26 vs BJSE:872392: 45.14

Kunshan Supermix Printing Technology Co's Days Payable increased from Mar. 2023 (30.66) to Mar. 2024 (67.55). It may suggest that Kunshan Supermix Printing Technology Co delayed paying its suppliers.

Kunshan Supermix Printing Technology Co Days Payable Historical Data

The historical data trend for Kunshan Supermix Printing Technology 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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Kunshan Supermix Printing Technology Co Days Payable Chart

Kunshan Supermix Printing Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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40.83

34.54

34.58

36.79

32.89

Kunshan Supermix Printing Technology Co Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															30.66	28.03	32.37	47.42	67.55

Competitive Comparison of Kunshan Supermix Printing Technology Co's Days Payable

For the Packaging & Containers subindustry, Kunshan Supermix Printing Technology 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.

Kunshan Supermix Printing Technology Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kunshan Supermix Printing Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Kunshan Supermix Printing Technology Co's Days Payable falls into.

Kunshan Supermix Printing Technology 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.

Kunshan Supermix Printing Technology 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
=	( (29.087	+	15.908)	/	2 )	/	249.646	*	365
=	22.4975					/	249.646	*	365
=	32.89

Kunshan Supermix Printing Technology 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
=	( (50.607	+	55.035)	/	2 )	/	71.35	*	365 / 4
=	52.821					/	71.35	*	365 / 4
=	67.55

Kunshan Supermix Printing Technology Co Days Payable Related Terms

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Kunshan Supermix Printing Technology Co (BJSE:872392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Kunshan Supermix Printing Technology Co Ltd (BJSE:872392) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 228, Huanlou Road, Kunshan Development Zone, Jiangsu Province, Penglang Town, CHN, 215333

Website

http://www.supermix.com.cn

Kunshan Supermix Printing Technology Co Ltd engages in Research and development, design, production, and sales of paper packaging and display products. It mainly produces cartons, shopping bags, gift boxes, flexo paper box, color paper cards, color boxes, product display boxes, and product design packaging displays.

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