Xiamen C & D (SHSE:600153) Days Payable : 67.76 (As of Mar. 2024)

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What is Xiamen C & D Days Payable?

Xiamen C & D's average Accounts Payable for the three months ended in Mar. 2024 was ¥93,678 Mil. Xiamen C & D's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥126,151 Mil. Hence, Xiamen C & D's Days Payable for the three months ended in Mar. 2024 was 67.76.

The historical rank and industry rank for Xiamen C & D's Days Payable or its related term are showing as below:

SHSE:600153' s Days Payable Range Over the Past 10 Years
Min: 28.1 Med: 34 Max: 48.59
Current: 48.59

During the past 13 years, Xiamen C & D's highest Days Payable was 48.59. The lowest was 28.10. And the median was 34.00.

SHSE:600153's Days Payable is ranked better than
51.41% of 924 companies
in the Business Services industry
Industry Median: 47.115 vs SHSE:600153: 48.59

Xiamen C & D's Days Payable increased from Mar. 2023 (40.51) to Mar. 2024 (67.76). It may suggest that Xiamen C & D delayed paying its suppliers.

Xiamen C & D Days Payable Historical Data

The historical data trend for Xiamen C & D'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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Xiamen C & D Days Payable Chart

Xiamen C & D Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.33

34.66

28.19

29.28

39.76

Xiamen C & D Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															40.51	38.39	42.80	58.11	67.76

Competitive Comparison of Xiamen C & D's Days Payable

For the Specialty Business Services subindustry, Xiamen C & D'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.

Xiamen C & D's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Xiamen C & D's Days Payable distribution charts can be found below:

* The bar in red indicates where Xiamen C & D's Days Payable falls into.

Xiamen C & D 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.

Xiamen C & D'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
=	( (66086.616	+	93058.061)	/	2 )	/	730407.744	*	365
=	79572.3385					/	730407.744	*	365
=	39.76

Xiamen C & D'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
=	( (93058.061	+	94297.351)	/	2 )	/	126150.527	*	365 / 4
=	93677.706					/	126150.527	*	365 / 4
=	67.76

Xiamen C & D Days Payable Related Terms

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Xiamen C & D (SHSE:600153) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Xiamen C & D Inc (SHSE:600153) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1699 Huandao East Road, 30th Floor, C&D International Building, Xiamen, CHN, 361008

Website

http://www.chinacnd.com

Xiamen C & D Inc is a China-based modern service-oriented company mainly specializing in supply chain operation and real estate development. In regard to supply chain operation, the company has formed core business units, namely, pulp and paper, iron and steel, mineral products, agricultural products, textiles and other light industrial goods, chemical products, mechanical and electrical products, logistics services, automobiles and wines/spirits.

Xiamen C & D (SHSE:600153) Headlines

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