Hangzhou Jiebai Group Co (SHSE:600814) Days Payable : 711.45 (As of Mar. 2024)

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

What is Hangzhou Jiebai Group Co Days Payable?

Hangzhou Jiebai Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥826 Mil. Hangzhou Jiebai Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥106 Mil. Hence, Hangzhou Jiebai Group Co's Days Payable for the three months ended in Mar. 2024 was 711.45.

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

SHSE:600814' s Days Payable Range Over the Past 10 Years
Min: 47.32 Med: 54.89 Max: 865.57
Current: 713.75

During the past 13 years, Hangzhou Jiebai Group Co's highest Days Payable was 865.57. The lowest was 47.32. And the median was 54.89.

SHSE:600814's Days Payable is ranked better than
97.69% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.41 vs SHSE:600814: 713.75

Hangzhou Jiebai Group Co's Days Payable declined from Mar. 2023 (711.97) to Mar. 2024 (711.45). It may suggest that Hangzhou Jiebai Group Co accelerated paying its suppliers.

Hangzhou Jiebai Group Co Days Payable Historical Data

The historical data trend for Hangzhou Jiebai 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.

* Premium members only.

Hangzhou Jiebai Group Co Days Payable Chart

Hangzhou Jiebai Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

53.06

865.57

795.23

681.15

748.00

Hangzhou Jiebai 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															711.97	720.05	629.18	870.79	711.45

Competitive Comparison of Hangzhou Jiebai Group Co's Days Payable

For the Department Stores subindustry, Hangzhou Jiebai 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.

Hangzhou Jiebai Group Co's Days Payable Distribution in the Retail - Cyclical Industry

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

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

Hangzhou Jiebai 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.

Hangzhou Jiebai 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
=	( (798.537	+	952.635)	/	2 )	/	427.257	*	365
=	875.586					/	427.257	*	365
=	748.00

Hangzhou Jiebai 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
=	( (952.635	+	698.795)	/	2 )	/	105.905	*	365 / 4
=	825.715					/	105.905	*	365 / 4
=	711.45

Hangzhou Jiebai Group Co Days Payable Related Terms

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

Hangzhou Jiebai Group Co (SHSE:600814) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hangzhou Jiebai Group Co Ltd (SHSE:600814) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 251 Jiefang Road, Shangcheng District, hangzhou, Zhejiang, CHN, 310001

Website

http://www.jiebai.cn

Hangzhou Jiebai Group Co Ltd is a China-based company engaged in general merchandise retailing.

Hangzhou Jiebai Group Co (SHSE:600814) Headlines

No Headlines