J&T Global Express (FRA:J92) Days Payable : 18.93 (As of Dec. 2023)

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What is J&T Global Express Days Payable?

J&T Global Express's average Accounts Payable for the six months ended in Dec. 2023 was €432 Mil. J&T Global Express's Cost of Goods Sold for the six months ended in Dec. 2023 was €4,163 Mil. Hence, J&T Global Express's Days Payable for the six months ended in Dec. 2023 was 18.93.

The historical rank and industry rank for J&T Global Express's Days Payable or its related term are showing as below:

FRA:J92' s Days Payable Range Over the Past 10 Years
Min: 20.64 Med: 26.41 Max: 45.8
Current: 20.64

During the past 4 years, J&T Global Express's highest Days Payable was 45.80. The lowest was 20.64. And the median was 26.41.

FRA:J92's Days Payable is ranked worse than
80.71% of 933 companies
in the Transportation industry
Industry Median: 38.5 vs FRA:J92: 20.64

J&T Global Express's Days Payable declined from Dec. 2022 (21.72) to Dec. 2023 (18.93). It may suggest that J&T Global Express accelerated paying its suppliers.

J&T Global Express Days Payable Historical Data

The historical data trend for J&T Global Express'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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J&T Global Express Days Payable Chart

J&T Global Express Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

45.80

26.60

24.82

21.03

J&T Global Express Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	28.40	21.72	22.99	18.93

Competitive Comparison of J&T Global Express's Days Payable

For the Integrated Freight & Logistics subindustry, J&T Global Express'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.

J&T Global Express's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, J&T Global Express's Days Payable distribution charts can be found below:

* The bar in red indicates where J&T Global Express's Days Payable falls into.

J&T Global Express 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.

J&T Global Express'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
=	( (457.099	+	428.151)	/	2 )	/	7681.207	*	365
=	442.625					/	7681.207	*	365
=	21.03

J&T Global Express'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (435.348	+	428.151)	/	2 )	/	4162.771	*	365 / 2
=	431.7495					/	4162.771	*	365 / 2
=	18.93

J&T Global Express Days Payable Related Terms

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J&T Global Express (FRA:J92) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (FRA:J92) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

01519:Hong Kong

Address

1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN

Website

https://www.jtexpress.com

J&T Global Express Ltd is a global logistics service provider with the leading express delivery business in Southeast Asia. Its express delivery services span 13 countries, which include the largest and fastest-growing express delivery emerging markets globally. It provides express delivery services to leading e-commerce platforms, enabling the rapid development of its partners as they expand into new markets.

J&T Global Express (FRA:J92) Headlines

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