Guilin Layn Natural Ingredients (SZSE:002166) Days Payable : 170.73 (As of Mar. 2024)

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What is Guilin Layn Natural Ingredients Days Payable?

Guilin Layn Natural Ingredients's average Accounts Payable for the three months ended in Mar. 2024 was ¥472 Mil. Guilin Layn Natural Ingredients's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥252 Mil. Hence, Guilin Layn Natural Ingredients's Days Payable for the three months ended in Mar. 2024 was 170.73.

The historical rank and industry rank for Guilin Layn Natural Ingredients's Days Payable or its related term are showing as below:

SZSE:002166' s Days Payable Range Over the Past 10 Years
Min: 125.96 Med: 230.87 Max: 408.95
Current: 125.96

During the past 13 years, Guilin Layn Natural Ingredients's highest Days Payable was 408.95. The lowest was 125.96. And the median was 230.87.

SZSE:002166's Days Payable is ranked better than
87.36% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs SZSE:002166: 125.96

Guilin Layn Natural Ingredients's Days Payable declined from Mar. 2023 (179.80) to Mar. 2024 (170.73). It may suggest that Guilin Layn Natural Ingredients accelerated paying its suppliers.

Guilin Layn Natural Ingredients Days Payable Historical Data

The historical data trend for Guilin Layn Natural Ingredients'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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Guilin Layn Natural Ingredients Days Payable Chart

Guilin Layn Natural Ingredients Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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293.64

282.29

236.41

155.17

133.46

Guilin Layn Natural Ingredients 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															179.80	176.84	110.48	82.41	170.73

Competitive Comparison of Guilin Layn Natural Ingredients's Days Payable

For the Farm Products subindustry, Guilin Layn Natural Ingredients'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.

Guilin Layn Natural Ingredients's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guilin Layn Natural Ingredients's Days Payable distribution charts can be found below:

* The bar in red indicates where Guilin Layn Natural Ingredients's Days Payable falls into.

Guilin Layn Natural Ingredients 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.

Guilin Layn Natural Ingredients'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
=	( (377.164	+	448.59)	/	2 )	/	1129.188	*	365
=	412.877					/	1129.188	*	365
=	133.46

Guilin Layn Natural Ingredients'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
=	( (448.59	+	495.617)	/	2 )	/	252.323	*	365 / 4
=	472.1035					/	252.323	*	365 / 4
=	170.73

Guilin Layn Natural Ingredients Days Payable Related Terms

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Guilin Layn Natural Ingredients (SZSE:002166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guilin Layn Natural Ingredients Corp (SZSE:002166) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 22 Lijiang Road, Guilin International Center, Zone A, 3F, Guilin, Guangxi, CHN, 541004

Website

http://www.layn.com.cn

Guilin Layn Natural Ingredients Corp is engaged in the development and production of active ingredients derived from plants. The company's product portfolio includes plant-based sweeteners, natural flavors and functional ingredients for food and beverage, pharmaceutical and personal care industries.

Executives

Yao Xin De	Director
Huang Li Juan	Independent director
Qin Ben Jun	Directors, executives
Liu Hong Yu	Independent director
Bai Yu	Directors, executives
Jiang Xiao San	Directors, executives
Jiang Zhi Gang	Supervisors
Xie Yong Fu	Executives

Guilin Layn Natural Ingredients (SZSE:002166) Headlines

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