Shanying International Holdings Co (SHSE:600567) Days Payable : 92.15 (As of Mar. 2024)

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What is Shanying International Holdings Co Days Payable?

Shanying International Holdings Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥6,070 Mil. Shanying International Holdings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥6,010 Mil. Hence, Shanying International Holdings Co's Days Payable for the three months ended in Mar. 2024 was 92.15.

The historical rank and industry rank for Shanying International Holdings Co's Days Payable or its related term are showing as below:

SHSE:600567' s Days Payable Range Over the Past 10 Years
Min: 47.76 Med: 60 Max: 82.62
Current: 72.94

During the past 13 years, Shanying International Holdings Co's highest Days Payable was 82.62. The lowest was 47.76. And the median was 60.00.

SHSE:600567's Days Payable is ranked better than
65.36% of 280 companies
in the Forest Products industry
Industry Median: 57.025 vs SHSE:600567: 72.94

Shanying International Holdings Co's Days Payable increased from Mar. 2023 (71.93) to Mar. 2024 (92.15). It may suggest that Shanying International Holdings Co delayed paying its suppliers.

Shanying International Holdings Co Days Payable Historical Data

The historical data trend for Shanying International Holdings 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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Shanying International Holdings Co Days Payable Chart

Shanying International Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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66.31

72.41

53.68

53.50

76.00

Shanying International Holdings Co 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															71.93	61.92	67.60	73.82	92.15

Competitive Comparison of Shanying International Holdings Co's Days Payable

For the Paper & Paper Products subindustry, Shanying International Holdings 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.

Shanying International Holdings Co's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shanying International Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanying International Holdings Co's Days Payable falls into.

Shanying International Holdings 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.

Shanying International Holdings Co'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
=	( (4884.513	+	6124.891)	/	2 )	/	26438.416	*	365
=	5504.702					/	26438.416	*	365
=	76.00

Shanying International Holdings 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
=	( (6124.891	+	6014.456)	/	2 )	/	6010.129	*	365 / 4
=	6069.6735					/	6010.129	*	365 / 4
=	92.15

Shanying International Holdings Co Days Payable Related Terms

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Shanying International Holdings Co (SHSE:600567) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shanying International Holdings Co (SHSE:600567) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 3 Qin Jian Road, Anhui, Ma'anshan, CHN, 243021

Website

http://www.shanyingpaper.com

Shanying International Holdings Co is a China-based company engaged in the manufacture and distribution of paper products. The company's main products consist of various packaging paper boards, newsprint paper, corrugated cardboard boxes, culture paper and other paper products, which are marketed under the brand name of Shanying.

Shanying International Holdings Co (SHSE:600567) Headlines

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