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Changchun Eurasia Group Co (SHSE:600697) Days Payable : 206.35 (As of Mar. 2024)


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What is Changchun Eurasia Group Co Days Payable?

Changchun Eurasia Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,748 Mil. Changchun Eurasia Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,215 Mil. Hence, Changchun Eurasia Group Co's Days Payable for the three months ended in Mar. 2024 was 206.35.

The historical rank and industry rank for Changchun Eurasia Group Co's Days Payable or its related term are showing as below:

SHSE:600697' s Days Payable Range Over the Past 10 Years
Min: 69.66   Med: 80.74   Max: 238.47
Current: 238.47

During the past 13 years, Changchun Eurasia Group Co's highest Days Payable was 238.47. The lowest was 69.66. And the median was 80.74.

SHSE:600697's Days Payable is ranked better than
92.51% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs SHSE:600697: 238.47

Changchun Eurasia Group Co's Days Payable declined from Mar. 2023 (213.15) to Mar. 2024 (206.35). It may suggest that Changchun Eurasia Group Co accelerated paying its suppliers.


Changchun Eurasia Group Co Days Payable Historical Data

The historical data trend for Changchun Eurasia Group 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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Changchun Eurasia Group Co Days Payable Chart

Changchun Eurasia Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.13 214.72 198.50 237.77 233.21

Changchun Eurasia Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 213.15 290.87 249.16 236.42 206.35

Competitive Comparison of Changchun Eurasia Group Co's Days Payable

For the Department Stores subindustry, Changchun Eurasia Group 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.


Changchun Eurasia Group Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Changchun Eurasia Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Changchun Eurasia Group Co's Days Payable falls into.



Changchun Eurasia Group 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.

Changchun Eurasia Group 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
=( (2506.312 + 2988.164) / 2 ) / 4299.733*365
=2747.238 / 4299.733*365
=233.21

Changchun Eurasia Group 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
=( (2988.164 + 2507.127) / 2 ) / 1215.029*365 / 4
=2747.6455 / 1215.029*365 / 4
=206.35

* 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.


Changchun Eurasia Group Co Days Payable Related Terms

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Changchun Eurasia Group Co (SHSE:600697) Business Description

Traded in Other Exchanges
N/A
Address
No. 418 Nanyang Road, Lu Yuan District, Changchun, Jilin, CHN, 130011
Changchun Eurasia Group Co Ltd operates departmental stores.
Executives
Gao Gang senior management
Su Yan Directors, senior managers
Cao He Ping Director
Han Shu Hui senior management
Lv Fei senior management
Yu Hui Fang Directors, senior managers
Cheng Xiu Ru senior management
Zhou Wei senior management
Yu Zhi Liang senior management
Zou De Dong Directors, senior managers
Huang Yong Chao Supervisors
Zhang Li Li senior management
Liu Xiao Xian Supervisors
Xi Ru Zhen Director
Yan Fu Lu Supervisors

Changchun Eurasia Group Co (SHSE:600697) Headlines

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