Maison Solutions (Maison Solutions) Days Payable : 20.20 (As of Jan. 2024)

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What is Maison Solutions Days Payable?

Maison Solutions's average Accounts Payable for the three months ended in Jan. 2024 was $2.31 Mil. Maison Solutions's Cost of Goods Sold for the three months ended in Jan. 2024 was $10.41 Mil. Hence, Maison Solutions's Days Payable for the three months ended in Jan. 2024 was 20.20.

The historical rank and industry rank for Maison Solutions's Days Payable or its related term are showing as below:

MSS' s Days Payable Range Over the Past 10 Years
Min: 21.57 Med: 27.54 Max: 28.8
Current: 22.28

During the past 3 years, Maison Solutions's highest Days Payable was 28.80. The lowest was 21.57. And the median was 27.54.

MSS's Days Payable is ranked worse than
87.01% of 308 companies
in the Retail - Defensive industry
Industry Median: 43.72 vs MSS: 22.28

Maison Solutions's Days Payable declined from Jan. 2023 (25.28) to Jan. 2024 (20.20). It may suggest that Maison Solutions accelerated paying its suppliers.

Maison Solutions Days Payable Historical Data

The historical data trend for Maison Solutions'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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Maison Solutions Days Payable Chart

Maison Solutions Annual Data

Trend

Apr21

Apr22

Apr23

Days Payable

21.57

28.80

27.54

Maison Solutions Quarterly Data
	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial						25.28	22.59	25.96	25.32	20.20

Competitive Comparison of Maison Solutions's Days Payable

For the Grocery Stores subindustry, Maison Solutions'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.

Maison Solutions's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Maison Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Maison Solutions's Days Payable falls into.

Maison Solutions 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.

Maison Solutions's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (3.375	+	3.106)	/	2 )	/	42.948	*	365
=	3.2405					/	42.948	*	365
=	27.54

Maison Solutions's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (2.956	+	1.654)	/	2 )	/	10.41	*	365 / 4
=	2.305					/	10.41	*	365 / 4
=	20.20

Maison Solutions Days Payable Related Terms

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Maison Solutions (Maison Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Maison Solutions Inc (NAS:MSS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

127 N Garfield Avenue, Monterey Park, CA, USA, 91754

Website

https://www.maisonsolutionsinc.com

Maison Solutions Inc is a fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern U.S. consumers, in particular to the members of Asian-American communities. It is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse communities in which it operates. The company's merchandise includes fresh and unique produce, meats, seafood and other groceries that are not found in mainstream supermarkets, including a variety of Asian vegetables and fruits such as broccoli, bitter melon, winter gourd, Shanghai baby bok choy, longan and lychee.

Executives

Bin Wang	director	112 RICO DR. NORTH, MORGANVILLE NJ 07751
Tao Han	officer: Chief Operating Officer	127 N GARFIELD AVE, MONTEREY PARK CA 91754
John Xu	director, 10 percent owner, officer: President and CEO	127 N GARFIELD AVE, MONTEREY PARK CA 91754
Alexandria M. Lopez	director, officer: Chief Financial Officer	127 N GARFIELD AVE, MONTEREY PARK CA 91754
Xiaoxia Zhang	director	127 N GARFIELD AVE, MONTEREY PARK CA 91754
Mark W. Willis	director	127 N GARFIELD AVE, MONTEREY PARK CA 91754