Aimer Co (SHSE:603511) Days Payable : 34.68 (As of Mar. 2024)

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What is Aimer Co Days Payable?

Aimer Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥106 Mil. Aimer Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥280 Mil. Hence, Aimer Co's Days Payable for the three months ended in Mar. 2024 was 34.68.

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

SHSE:603511' s Days Payable Range Over the Past 10 Years
Min: 28.2 Med: 37.96 Max: 49.8
Current: 37.23

During the past 7 years, Aimer Co's highest Days Payable was 49.80. The lowest was 28.20. And the median was 37.96.

SHSE:603511's Days Payable is ranked worse than
67.97% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs SHSE:603511: 37.23

Aimer Co's Days Payable increased from Mar. 2023 (24.26) to Mar. 2024 (34.68). It may suggest that Aimer Co delayed paying its suppliers.

Aimer Co Days Payable Historical Data

The historical data trend for Aimer 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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Aimer Co Days Payable Chart

Aimer Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.87

32.53

37.96

35.12

28.20

Aimer Co Quarterly Data
	Dec17	Dec18	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															24.26	31.23	49.32	40.83	34.68

Competitive Comparison of Aimer Co's Days Payable

For the Apparel Manufacturing subindustry, Aimer 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.

Aimer Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Aimer 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.

Aimer 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
=	( (66.524	+	112.096)	/	2 )	/	1155.852	*	365
=	89.31					/	1155.852	*	365
=	28.20

Aimer 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
=	( (112.096	+	100.45)	/	2 )	/	279.665	*	365 / 4
=	106.273					/	279.665	*	365 / 4
=	34.68

Aimer Co Days Payable Related Terms

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Aimer Co (SHSE:603511) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aimer Co Ltd (SHSE:603511) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lize Zhongyuan, Buildings 218 and 219, Second District, Wangjing Development Zone, Chaoyang District, Beijing, CHN, 100102

Website

http://www.aimer.com.cn

Aimer Co Ltd is engaged in the research and development, production and sales of high-quality personal clothing and accessories.

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