Jinhui Shipping and Transportation (OSL:JIN) Days Payable : 25.39 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Jinhui Shipping and Transportation Days Payable?

Jinhui Shipping and Transportation's average Accounts Payable for the three months ended in Dec. 2023 was kr64.1 Mil. Jinhui Shipping and Transportation's Cost of Goods Sold for the three months ended in Dec. 2023 was kr230.4 Mil. Hence, Jinhui Shipping and Transportation's Days Payable for the three months ended in Dec. 2023 was 25.39.

The historical rank and industry rank for Jinhui Shipping and Transportation's Days Payable or its related term are showing as below:

OSL:JIN' s Days Payable Range Over the Past 10 Years
Min: 0.51 Med: 2.26 Max: 31.35
Current: 31.35

During the past 13 years, Jinhui Shipping and Transportation's highest Days Payable was 31.35. The lowest was 0.51. And the median was 2.26.

OSL:JIN's Days Payable is ranked worse than
61.15% of 937 companies
in the Transportation industry
Industry Median: 38.78 vs OSL:JIN: 31.35

Jinhui Shipping and Transportation's Days Payable declined from Sep. 2022 (59.32) to Dec. 2023 (25.39). It may suggest that Jinhui Shipping and Transportation accelerated paying its suppliers.

Jinhui Shipping and Transportation Days Payable Historical Data

The historical data trend for Jinhui Shipping and Transportation'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.

Jinhui Shipping and Transportation Days Payable Chart

Jinhui Shipping and Transportation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

2.32

2.07

1.04

0.51

0.53

Jinhui Shipping and Transportation Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															59.32	41.03	23.13	44.15	25.39

Competitive Comparison of Jinhui Shipping and Transportation's Days Payable

For the Marine Shipping subindustry, Jinhui Shipping and Transportation'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.

Jinhui Shipping and Transportation's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jinhui Shipping and Transportation's Days Payable distribution charts can be found below:

* The bar in red indicates where Jinhui Shipping and Transportation's Days Payable falls into.

Jinhui Shipping and Transportation 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.

Jinhui Shipping and Transportation'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
=	( (1.689	+	1.403)	/	2 )	/	1055.615	*	365
=	1.546					/	1055.615	*	365
=	0.53

Jinhui Shipping and Transportation'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
=	( (126.841	+	1.403)	/	2 )	/	230.42	*	365 / 4
=	64.122					/	230.42	*	365 / 4
=	25.39

Jinhui Shipping and Transportation Days Payable Related Terms

Thank you for viewing the detailed overview of Jinhui Shipping and Transportation's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Jinhui Shipping and Transportation (OSL:JIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jinhui Shipping and Transportation Ltd (OSL:JIN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JINO:Sweden

Address

1-6 Connaught Road West, 26th Floor, Yardley Commercial Building, Hong Kong, HKG

Website

http://www.jinhuiship.com/jst

Jinhui Shipping and Transportation Ltd is an investment holding company. It operates its business through its subsidiaries. It principal activities of the business are ship chartering and ship owning. Geographically, it operates in various countries like China, Singapore, Ireland, South Korea, and Thailand. The majority of the revenue comes from the Singapore.

Jinhui Shipping and Transportation (OSL:JIN) Headlines

No Headlines