Jiangxilt Industry Group Co (SHSE:601065) Days Payable : 103.65 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Jiangxilt Industry Group Co Days Payable?

Jiangxilt Industry Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥481 Mil. Jiangxilt Industry Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥424 Mil. Hence, Jiangxilt Industry Group Co's Days Payable for the three months ended in Mar. 2024 was 103.65.

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

SHSE:601065' s Days Payable Range Over the Past 10 Years
Min: 56.59 Med: 95.89 Max: 328.22
Current: 87.31

During the past 6 years, Jiangxilt Industry Group Co's highest Days Payable was 328.22. The lowest was 56.59. And the median was 95.89.

SHSE:601065's Days Payable is ranked better than
78.15% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs SHSE:601065: 87.31

Jiangxilt Industry Group Co's Days Payable increased from Mar. 2023 (61.52) to Mar. 2024 (103.65). It may suggest that Jiangxilt Industry Group Co delayed paying its suppliers.

Jiangxilt Industry Group Co Days Payable Historical Data

The historical data trend for Jiangxilt Industry 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.

Jiangxilt Industry Group Co Days Payable Chart

Jiangxilt Industry Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

169.51

113.65

69.80

56.59

78.12

Jiangxilt Industry Group Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									61.52	73.26	78.00	99.07	103.65

Competitive Comparison of Jiangxilt Industry Group Co's Days Payable

For the Packaged Foods subindustry, Jiangxilt Industry 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.

Jiangxilt Industry Group Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangxilt Industry Group Co's Days Payable distribution charts can be found below:

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

Jiangxilt Industry 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.

Jiangxilt Industry 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
=	( (300.614	+	475.201)	/	2 )	/	1812.425	*	365
=	387.9075					/	1812.425	*	365
=	78.12

Jiangxilt Industry 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
=	( (475.201	+	487.73)	/	2 )	/	423.867	*	365 / 4
=	481.4655					/	423.867	*	365 / 4
=	103.65

Jiangxilt Industry Group Co Days Payable Related Terms

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

Jiangxilt Industry Group Co (SHSE:601065) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiangxi Salt Industry Group Co Ltd (SHSE:601065) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 369, Lushan South Avenue, Honggutan District, Jiangxi Province, Nanchang, CHN, 330038

Website

http://www.jxsalt.com

Jiangxi Salt Industry Group Co Ltd is engaged in the research and development, production and sales of salt and salt chemical products.

Jiangxilt Industry Group Co (SHSE:601065) Headlines

No Headlines