Easyhome New Retail Group Co (SZSE:000785) Days Payable : 23.21 (As of Mar. 2024)

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What is Easyhome New Retail Group Co Days Payable?

Easyhome New Retail Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥505 Mil. Easyhome New Retail Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,985 Mil. Hence, Easyhome New Retail Group Co's Days Payable for the three months ended in Mar. 2024 was 23.21.

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

SZSE:000785' s Days Payable Range Over the Past 10 Years
Min: 20.09 Med: 28.48 Max: 44.3
Current: 20.09

During the past 13 years, Easyhome New Retail Group Co's highest Days Payable was 44.30. The lowest was 20.09. And the median was 28.48.

SZSE:000785's Days Payable is ranked worse than
85.06% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.405 vs SZSE:000785: 20.09

Easyhome New Retail Group Co's Days Payable increased from Mar. 2023 (22.63) to Mar. 2024 (23.21). It may suggest that Easyhome New Retail Group Co delayed paying its suppliers.

Easyhome New Retail Group Co Days Payable Historical Data

The historical data trend for Easyhome New Retail 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.

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Easyhome New Retail Group Co Days Payable Chart

Easyhome New Retail Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.63

31.32

23.20

24.37

21.01

Easyhome New Retail 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															22.63	21.76	19.14	17.50	23.21

Competitive Comparison of Easyhome New Retail Group Co's Days Payable

For the Department Stores subindustry, Easyhome New Retail 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.

Easyhome New Retail Group Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Easyhome New Retail Group Co's Days Payable distribution charts can be found below:

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

Easyhome New Retail 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.

Easyhome New Retail 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
=	( (505.986	+	518.757)	/	2 )	/	8903.147	*	365
=	512.3715					/	8903.147	*	365
=	21.01

Easyhome New Retail 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
=	( (518.757	+	490.996)	/	2 )	/	1984.601	*	365 / 4
=	504.8765					/	1984.601	*	365 / 4
=	23.21

Easyhome New Retail Group Co Days Payable Related Terms

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Easyhome New Retail Group Co (SZSE:000785) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Easyhome New Retail Group Co Ltd (SZSE:000785) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 9 Zhongnan Road, Wuchang District, Hubei Province, Wuhan, CHN, 430071

Website

http://www.zhongshang.com.cn

Easyhome New Retail Group Co Ltd, formerly Wuhan Zhongnan Commercial Group Co Ltd is a China-based commercial and retailing company. It is mainly engaged in commercial property development, shopping mall decoration, and e-commerce business. The company owns department stores, shopping mall, cheap supermarkets, hypermarkets and retail store with China Merchants Plaza Shopping Center, China Merchants Xudong Cheap Price Plaza and Wuhan Pinpin. The firm is also engaged in shop leasing and project development business.

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