GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nanning Department Store Co Ltd (SHSE:600712) » Definitions » Days Payable

Nanning Department Store Co (SHSE:600712) Days Payable : 217.45 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Nanning Department Store Co Days Payable?

Nanning Department Store Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥252.8 Mil. Nanning Department Store Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥106.1 Mil. Hence, Nanning Department Store Co's Days Payable for the three months ended in Mar. 2024 was 217.45.

The historical rank and industry rank for Nanning Department Store Co's Days Payable or its related term are showing as below:

SHSE:600712' s Days Payable Range Over the Past 10 Years
Min: 106.1   Med: 149.56   Max: 263.49
Current: 214.81

During the past 13 years, Nanning Department Store Co's highest Days Payable was 263.49. The lowest was 106.10. And the median was 149.56.

SHSE:600712's Days Payable is ranked better than
91.94% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.77 vs SHSE:600712: 214.81

Nanning Department Store Co's Days Payable declined from Mar. 2023 (242.30) to Mar. 2024 (217.45). It may suggest that Nanning Department Store Co accelerated paying its suppliers.


Nanning Department Store Co Days Payable Historical Data

The historical data trend for Nanning Department Store 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.

* Premium members only.

Nanning Department Store Co Days Payable Chart

Nanning Department Store 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 116.12 263.49 230.00 231.17 205.21

Nanning Department Store 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 242.30 198.74 238.30 226.53 217.45

Competitive Comparison of Nanning Department Store Co's Days Payable

For the Department Stores subindustry, Nanning Department Store 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.


Nanning Department Store Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nanning Department Store Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanning Department Store Co's Days Payable falls into.



Nanning Department Store 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.

Nanning Department Store 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
=( (285.388 + 270.236) / 2 ) / 494.133*365
=277.812 / 494.133*365
=205.21

Nanning Department Store 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
=( (270.236 + 235.427) / 2 ) / 106.096*365 / 4
=252.8315 / 106.096*365 / 4
=217.45

* 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.


Nanning Department Store Co Days Payable Related Terms

Thank you for viewing the detailed overview of Nanning Department Store Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Nanning Department Store Co (SHSE:600712) Business Description

Traded in Other Exchanges
N/A
Address
No 39-41, 45 Chaoyang Road, Nanning, Guangxi, CHN, 530012
Nanning Department Store Co Ltd operates department stores.

Nanning Department Store Co (SHSE:600712) Headlines

No Headlines