Shandong Bohui Paper Industrial Co (SHSE:600966) Days Payable : 133.73 (As of Mar. 2024)

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What is Shandong Bohui Paper Industrial Co Days Payable?

Shandong Bohui Paper Industrial Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,589 Mil. Shandong Bohui Paper Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,813 Mil. Hence, Shandong Bohui Paper Industrial Co's Days Payable for the three months ended in Mar. 2024 was 133.73.

The historical rank and industry rank for Shandong Bohui Paper Industrial Co's Days Payable or its related term are showing as below:

SHSE:600966' s Days Payable Range Over the Past 10 Years
Min: 78.34 Med: 126.93 Max: 159.23
Current: 132.45

During the past 13 years, Shandong Bohui Paper Industrial Co's highest Days Payable was 159.23. The lowest was 78.34. And the median was 126.93.

SHSE:600966's Days Payable is ranked better than
89.29% of 280 companies
in the Forest Products industry
Industry Median: 56.585 vs SHSE:600966: 132.45

Shandong Bohui Paper Industrial Co's Days Payable declined from Mar. 2023 (137.61) to Mar. 2024 (133.73). It may suggest that Shandong Bohui Paper Industrial Co accelerated paying its suppliers.

Shandong Bohui Paper Industrial Co Days Payable Historical Data

The historical data trend for Shandong Bohui Paper Industrial 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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Shandong Bohui Paper Industrial Co Days Payable Chart

Shandong Bohui Paper Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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159.23

131.18

139.20

121.97

128.51

Shandong Bohui Paper Industrial 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															137.61	151.39	120.86	115.68	133.73

Competitive Comparison of Shandong Bohui Paper Industrial Co's Days Payable

For the Paper & Paper Products subindustry, Shandong Bohui Paper Industrial 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.

Shandong Bohui Paper Industrial Co's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shandong Bohui Paper Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Bohui Paper Industrial Co's Days Payable falls into.

Shandong Bohui Paper Industrial 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.

Shandong Bohui Paper Industrial 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
=	( (6238.95	+	5498.283)	/	2 )	/	16668.287	*	365
=	5868.6165					/	16668.287	*	365
=	128.51

Shandong Bohui Paper Industrial 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
=	( (5498.283	+	5679.394)	/	2 )	/	3813.494	*	365 / 4
=	5588.8385					/	3813.494	*	365 / 4
=	133.73

Shandong Bohui Paper Industrial Co Days Payable Related Terms

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Shandong Bohui Paper Industrial Co (SHSE:600966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shandong Bohui Paper Industrial Co Ltd (SHSE:600966) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

North of Industrial Road, Maqiao Town, Huantai County, handong Province, Zibo, CHN, 256405

Website

http://www.bohui.net

Shandong Bohui Paper Industrial Co Ltd is a China-based company produces and sells paper products. It offers products such as pulp, folding boxboard, printing and writing paper, test liner boards, gypsum boards, and kraftliner boards.

Shandong Bohui Paper Industrial Co (SHSE:600966) Headlines

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