Zhe Jiang Li Zi Yuan Food Co (SHSE:605337) Days Payable : 139.11 (As of Mar. 2024)

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What is Zhe Jiang Li Zi Yuan Food Co Days Payable?

Zhe Jiang Li Zi Yuan Food Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥315 Mil. Zhe Jiang Li Zi Yuan Food Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥207 Mil. Hence, Zhe Jiang Li Zi Yuan Food Co's Days Payable for the three months ended in Mar. 2024 was 139.11.

The historical rank and industry rank for Zhe Jiang Li Zi Yuan Food Co's Days Payable or its related term are showing as below:

SHSE:605337' s Days Payable Range Over the Past 10 Years
Min: 74.19 Med: 85.46 Max: 128.68
Current: 125.98

During the past 8 years, Zhe Jiang Li Zi Yuan Food Co's highest Days Payable was 128.68. The lowest was 74.19. And the median was 85.46.

SHSE:605337's Days Payable is ranked better than
86.9% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs SHSE:605337: 125.98

Zhe Jiang Li Zi Yuan Food Co's Days Payable increased from Mar. 2023 (132.11) to Mar. 2024 (139.11). It may suggest that Zhe Jiang Li Zi Yuan Food Co delayed paying its suppliers.

Zhe Jiang Li Zi Yuan Food Co Days Payable Historical Data

The historical data trend for Zhe Jiang Li Zi Yuan Food 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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Zhe Jiang Li Zi Yuan Food Co Days Payable Chart

Zhe Jiang Li Zi Yuan Food Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

88.24

81.03

74.19

99.44

128.68

Zhe Jiang Li Zi Yuan Food 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															132.11	127.05	111.98	125.85	139.11

Competitive Comparison of Zhe Jiang Li Zi Yuan Food Co's Days Payable

For the Packaged Foods subindustry, Zhe Jiang Li Zi Yuan Food 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.

Zhe Jiang Li Zi Yuan Food Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhe Jiang Li Zi Yuan Food Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhe Jiang Li Zi Yuan Food Co's Days Payable falls into.

Zhe Jiang Li Zi Yuan Food 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.

Zhe Jiang Li Zi Yuan Food 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
=	( (302.82	+	335.859)	/	2 )	/	905.787	*	365
=	319.3395					/	905.787	*	365
=	128.68

Zhe Jiang Li Zi Yuan Food 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
=	( (335.859	+	294.312)	/	2 )	/	206.685	*	365 / 4
=	315.0855					/	206.685	*	365 / 4
=	139.11

Zhe Jiang Li Zi Yuan Food Co Days Payable Related Terms

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Zhe Jiang Li Zi Yuan Food Co (SHSE:605337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhe Jiang Li Zi Yuan Food Co Ltd (SHSE:605337) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Liziyuan Industrial Park, Caozhai Town, Jindong District, Zhejiang Province, Jinhua, CHN, 321031

Website

http://www.liziyuan.com

Zhe Jiang Li Zi Yuan Food Co Ltd is engaged in research and development, production and sales of milk-containing beverages and other beverages such as sweet milk and milk beverage series. Its products include dairy products, vegetable protein beverages, compound protein beverages, fruit juice beverages, and cereal beverages.

Executives

Fang Jian Hua	senior management
Li Guo Ping	Director
Xu Fu Sheng	senior management
Su Zhong Jun	Director
Wang Xu Bin	Director
Cui Hong Wei	Supervisors
Sun Xu Fen	senior management
Zhu Wen Xiu	Director
Cheng Wei Zhong	senior management
Wang Shun Yu	Director
Zheng Song You	Supervisors

Zhe Jiang Li Zi Yuan Food Co (SHSE:605337) Headlines

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