Leshan Giantstar Farming & Husbandry (SHSE:603477) Days Payable : 44.16 (As of Mar. 2024)

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What is Leshan Giantstar Farming & Husbandry Days Payable?

Leshan Giantstar Farming & Husbandry's average Accounts Payable for the three months ended in Mar. 2024 was ¥448 Mil. Leshan Giantstar Farming & Husbandry's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥926 Mil. Hence, Leshan Giantstar Farming & Husbandry's Days Payable for the three months ended in Mar. 2024 was 44.16.

The historical rank and industry rank for Leshan Giantstar Farming & Husbandry's Days Payable or its related term are showing as below:

SHSE:603477' s Days Payable Range Over the Past 10 Years
Min: 36.16 Med: 65.88 Max: 195.2
Current: 41.64

During the past 10 years, Leshan Giantstar Farming & Husbandry's highest Days Payable was 195.20. The lowest was 36.16. And the median was 65.88.

SHSE:603477's Days Payable is ranked worse than
63.38% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.345 vs SHSE:603477: 41.64

Leshan Giantstar Farming & Husbandry's Days Payable declined from Mar. 2023 (48.56) to Mar. 2024 (44.16). It may suggest that Leshan Giantstar Farming & Husbandry accelerated paying its suppliers.

Leshan Giantstar Farming & Husbandry Days Payable Historical Data

The historical data trend for Leshan Giantstar Farming & Husbandry'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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Leshan Giantstar Farming & Husbandry Days Payable Chart

Leshan Giantstar Farming & Husbandry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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195.20

115.93

62.55

45.87

36.16

Leshan Giantstar Farming & Husbandry 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															48.56	42.51	37.39	36.05	44.16

Competitive Comparison of Leshan Giantstar Farming & Husbandry's Days Payable

For the Footwear & Accessories subindustry, Leshan Giantstar Farming & Husbandry'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.

Leshan Giantstar Farming & Husbandry's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Leshan Giantstar Farming & Husbandry's Days Payable distribution charts can be found below:

* The bar in red indicates where Leshan Giantstar Farming & Husbandry's Days Payable falls into.

Leshan Giantstar Farming & Husbandry 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.

Leshan Giantstar Farming & Husbandry'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
=	( (398.982	+	404.565)	/	2 )	/	4055.521	*	365
=	401.7735					/	4055.521	*	365
=	36.16

Leshan Giantstar Farming & Husbandry'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
=	( (404.565	+	492.095)	/	2 )	/	926.482	*	365 / 4
=	448.33					/	926.482	*	365 / 4
=	44.16

Leshan Giantstar Farming & Husbandry Days Payable Related Terms

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Leshan Giantstar Farming & Husbandry (SHSE:603477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Leshan Giantstar Farming & Husbandry Corp Ltd (SHSE:603477) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinhua Village, Zhugen Town, Wutongqiao District, Sichuan Province, Leshan, CHN, 614800

Website

http://www.zhenjinggufen.com

Leshan Giantstar Farming & Husbandry Corp Ltd, formerly Sichuan Zhenjing Corp Ltd manufactures and distributes leather products. The company produces and sells leather cases, leather car seats, decoration leather, and other products.

Leshan Giantstar Farming & Husbandry (SHSE:603477) Headlines

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