Fujian Sunner Development Co (SZSE:002299) Days Payable : 50.36 (As of Mar. 2024)

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What is Fujian Sunner Development Co Days Payable?

Fujian Sunner Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,147 Mil. Fujian Sunner Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,891 Mil. Hence, Fujian Sunner Development Co's Days Payable for the three months ended in Mar. 2024 was 50.36.

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

SZSE:002299' s Days Payable Range Over the Past 10 Years
Min: 38.83 Med: 46.56 Max: 56.71
Current: 44.47

During the past 13 years, Fujian Sunner Development Co's highest Days Payable was 56.71. The lowest was 38.83. And the median was 46.56.

SZSE:002299's Days Payable is ranked worse than
51.87% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs SZSE:002299: 44.47

Fujian Sunner Development Co's Days Payable declined from Mar. 2023 (50.91) to Mar. 2024 (50.36). It may suggest that Fujian Sunner Development Co accelerated paying its suppliers.

Fujian Sunner Development Co Days Payable Historical Data

The historical data trend for Fujian Sunner Development 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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Fujian Sunner Development Co Days Payable Chart

Fujian Sunner Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.69

42.37

50.96

56.71

53.85

Fujian Sunner Development 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															50.91	43.65	38.67	44.75	50.36

Competitive Comparison of Fujian Sunner Development Co's Days Payable

For the Farm Products subindustry, Fujian Sunner Development 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.

Fujian Sunner Development Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fujian Sunner Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Sunner Development Co's Days Payable falls into.

Fujian Sunner Development 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.

Fujian Sunner Development 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
=	( (2563.36	+	2315.586)	/	2 )	/	16533.83	*	365
=	2439.473					/	16533.83	*	365
=	53.85

Fujian Sunner Development 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
=	( (2315.586	+	1979.302)	/	2 )	/	3890.951	*	365 / 4
=	2147.444					/	3890.951	*	365 / 4
=	50.36

Fujian Sunner Development Co Days Payable Related Terms

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Fujian Sunner Development Co (SZSE:002299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fujian Sunner Development Co Ltd (SZSE:002299) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Office Building of Shengnong Headquarters, Shilipu, Guangze County, Fujian, Nanping, CHN, 354100

Website

http://www.sunnercn.com

Fujian Sunner Development Co Ltd is a China-based company engaged in the raising and processing of chickens. The main product is frozen chicken for the fast food industry and meat wholesalers. The company is engaged in poultry, fish, and bream farming.

Fujian Sunner Development Co (SZSE:002299) Headlines

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