Sailun Group Co (SHSE:601058) Days Payable : 118.83 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Sailun Group Co Days Payable?

Sailun Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥6,871 Mil. Sailun Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥5,276 Mil. Hence, Sailun Group Co's Days Payable for the three months ended in Mar. 2024 was 118.83.

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

SHSE:601058' s Days Payable Range Over the Past 10 Years
Min: 83.23 Med: 115.05 Max: 137.01
Current: 120.13

During the past 13 years, Sailun Group Co's highest Days Payable was 137.01. The lowest was 83.23. And the median was 115.05.

SHSE:601058's Days Payable is ranked better than
78.62% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs SHSE:601058: 120.13

Sailun Group Co's Days Payable declined from Mar. 2023 (122.11) to Mar. 2024 (118.83). It may suggest that Sailun Group Co accelerated paying its suppliers.

Sailun Group Co Days Payable Historical Data

The historical data trend for Sailun 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.

Sailun Group Co Days Payable Chart

Sailun Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

112.92

137.01

136.60

117.17

123.63

Sailun 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															122.11	116.56	112.02	140.08	118.83

Competitive Comparison of Sailun Group Co's Days Payable

For the Auto Parts subindustry, Sailun 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.

Sailun Group Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sailun Group Co's Days Payable distribution charts can be found below:

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

Sailun 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.

Sailun 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
=	( (5706.234	+	7028.905)	/	2 )	/	18798.945	*	365
=	6367.5695					/	18798.945	*	365
=	123.63

Sailun 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
=	( (7028.905	+	6712.754)	/	2 )	/	5275.989	*	365 / 4
=	6870.8295					/	5275.989	*	365 / 4
=	118.83

Sailun Group Co Days Payable Related Terms

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

Sailun Group Co (SHSE:601058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sailun Group Co Ltd (SHSE:601058) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.43, Rubber Valley, Zhengzhou Road, Building B, Shibei District, Shandong, Qingdao, CHN, 266045

Website

http://www.sailuntyre.com

Sailun Group Co Ltd is a Chinese company engaged in the research, development, and manufacturing of radial tires and its related manufacturing technology such as management and control network system and computer systems in China. It offers passenger car tires, card passenger tires, and special tires. The company provides tires in the car series, SUV series, racing series, truck tire series, bus tire series, agricultural tires, among others. Its products are sold in China and other countries.

Sailun Group Co (SHSE:601058) Headlines

No Headlines