Hunan New Wellful Co (SHSE:600975) Days Payable : 40.21 (As of Mar. 2024)

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What is Hunan New Wellful Co Days Payable?

Hunan New Wellful Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥684 Mil. Hunan New Wellful Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,553 Mil. Hence, Hunan New Wellful Co's Days Payable for the three months ended in Mar. 2024 was 40.21.

The historical rank and industry rank for Hunan New Wellful Co's Days Payable or its related term are showing as below:

SHSE:600975' s Days Payable Range Over the Past 10 Years
Min: 9.78 Med: 14.47 Max: 34.92
Current: 34.92

During the past 13 years, Hunan New Wellful Co's highest Days Payable was 34.92. The lowest was 9.78. And the median was 14.47.

SHSE:600975's Days Payable is ranked worse than
64.15% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs SHSE:600975: 34.92

Hunan New Wellful Co's Days Payable increased from Mar. 2023 (31.75) to Mar. 2024 (40.21). It may suggest that Hunan New Wellful Co delayed paying its suppliers.

Hunan New Wellful Co Days Payable Historical Data

The historical data trend for Hunan New Wellful 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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Hunan New Wellful Co Days Payable Chart

Hunan New Wellful Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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11.72

9.78

21.37

22.49

30.19

Hunan New Wellful 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															31.75	33.84	37.67	28.08	40.21

Competitive Comparison of Hunan New Wellful Co's Days Payable

For the Farm Products subindustry, Hunan New Wellful 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.

Hunan New Wellful Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hunan New Wellful Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunan New Wellful Co's Days Payable falls into.

Hunan New Wellful 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.

Hunan New Wellful 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
=	( (378.084	+	639.071)	/	2 )	/	6149.271	*	365
=	508.5775					/	6149.271	*	365
=	30.19

Hunan New Wellful 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
=	( (639.071	+	729.585)	/	2 )	/	1552.883	*	365 / 4
=	684.328					/	1552.883	*	365 / 4
=	40.21

Hunan New Wellful Co Days Payable Related Terms

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Hunan New Wellful Co (SHSE:600975) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hunan New Wellful Co Ltd (SHSE:600975) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 51 West First Avenue 2, 19-20 floor, Furong District, Hunan province, Changsha, CHN, 410005

Website

http://www.newwf.com

Hunan New Wellful Co Ltd is engaged in the breeding and distribution of pigs (Liuyanghe, Xiangbao, Chenfeng and other brands) in China. The company also processes and markets feedstuffs.

Hunan New Wellful Co (SHSE:600975) Headlines

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