Hunan Friendship & Apollo Commercial Co (SZSE:002277) Days Payable : 591.92 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Hunan Friendship & Apollo Commercial Co Days Payable?

Hunan Friendship & Apollo Commercial Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥761 Mil. Hunan Friendship & Apollo Commercial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥117 Mil. Hence, Hunan Friendship & Apollo Commercial Co's Days Payable for the three months ended in Mar. 2024 was 591.92.

The historical rank and industry rank for Hunan Friendship & Apollo Commercial Co's Days Payable or its related term are showing as below:

SZSE:002277' s Days Payable Range Over the Past 10 Years
Min: 62.11 Med: 81.38 Max: 616.72
Current: 616.72

During the past 13 years, Hunan Friendship & Apollo Commercial Co's highest Days Payable was 616.72. The lowest was 62.11. And the median was 81.38.

SZSE:002277's Days Payable is ranked better than
97.32% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.14 vs SZSE:002277: 616.72

Hunan Friendship & Apollo Commercial Co's Days Payable increased from Mar. 2023 (559.39) to Mar. 2024 (591.92). It may suggest that Hunan Friendship & Apollo Commercial Co delayed paying its suppliers.

Hunan Friendship & Apollo Commercial Co Days Payable Historical Data

The historical data trend for Hunan Friendship & Apollo Commercial 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.

* Premium members only.

Hunan Friendship & Apollo Commercial Co Days Payable Chart

Hunan Friendship & Apollo Commercial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

73.02

262.28

241.65

367.27

604.55

Hunan Friendship & Apollo Commercial 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															559.39	641.49	619.38	579.93	591.92

Competitive Comparison of Hunan Friendship & Apollo Commercial Co's Days Payable

For the Department Stores subindustry, Hunan Friendship & Apollo Commercial 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.

Hunan Friendship & Apollo Commercial Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hunan Friendship & Apollo Commercial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hunan Friendship & Apollo Commercial Co's Days Payable falls into.

Hunan Friendship & Apollo Commercial 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.

Hunan Friendship & Apollo Commercial 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
=	( (842.086	+	734.24)	/	2 )	/	475.858	*	365
=	788.163					/	475.858	*	365
=	604.55

Hunan Friendship & Apollo Commercial 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
=	( (734.24	+	788.334)	/	2 )	/	117.359	*	365 / 4
=	761.287					/	117.359	*	365 / 4
=	591.92

Hunan Friendship & Apollo Commercial Co Days Payable Related Terms

Thank you for viewing the detailed overview of Hunan Friendship & Apollo Commercial Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hunan Friendship & Apollo Commercial Co (SZSE:002277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hunan Friendship & Apollo Commercial Co Ltd (SZSE:002277) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.1 Bayi Road Furong District, Changsha, Hunan, CHN, 410001

Website

http://www.your-mart.cn

Hunan Friendship & Apollo Commercial Co Ltd operates as department stores, discount stores, shopping centers, specialty stores, and online shopping platforms.

Executives

Xu Hui Ming	Director
Liu Yi Man	Director
Deng Zhong Hua	Independent director
Yang Juan	Securities Affairs Representative
Chen Jing	Supervisors
Cao Guang Rong	Director
Yang Qi Zhong	Supervisors

Hunan Friendship & Apollo Commercial Co (SZSE:002277) Headlines

No Headlines