Zhejiang Semir Garment Co (SZSE:002563) Days Payable : 232.25 (As of Mar. 2024)

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What is Zhejiang Semir Garment Co Days Payable?

Zhejiang Semir Garment Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥4,264 Mil. Zhejiang Semir Garment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,675 Mil. Hence, Zhejiang Semir Garment Co's Days Payable for the three months ended in Mar. 2024 was 232.25.

The historical rank and industry rank for Zhejiang Semir Garment Co's Days Payable or its related term are showing as below:

SZSE:002563' s Days Payable Range Over the Past 10 Years
Min: 72.54 Med: 98.49 Max: 264.23
Current: 213.05

During the past 13 years, Zhejiang Semir Garment Co's highest Days Payable was 264.23. The lowest was 72.54. And the median was 98.49.

SZSE:002563's Days Payable is ranked better than
91.98% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs SZSE:002563: 213.05

Zhejiang Semir Garment Co's Days Payable declined from Mar. 2023 (273.82) to Mar. 2024 (232.25). It may suggest that Zhejiang Semir Garment Co accelerated paying its suppliers.

Zhejiang Semir Garment Co Days Payable Historical Data

The historical data trend for Zhejiang Semir Garment 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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Zhejiang Semir Garment Co Days Payable Chart

Zhejiang Semir Garment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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94.10

134.18

205.15

264.23

229.18

Zhejiang Semir Garment 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															273.82	298.02	220.46	150.72	232.25

Competitive Comparison of Zhejiang Semir Garment Co's Days Payable

For the Apparel Manufacturing subindustry, Zhejiang Semir Garment 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.

Zhejiang Semir Garment Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Semir Garment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Semir Garment Co's Days Payable falls into.

Zhejiang Semir Garment 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.

Zhejiang Semir Garment 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
=	( (5375.677	+	4226.794)	/	2 )	/	7646.736	*	365
=	4801.2355					/	7646.736	*	365
=	229.18

Zhejiang Semir Garment 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
=	( (4226.794	+	4301.852)	/	2 )	/	1675.463	*	365 / 4
=	4264.323					/	1675.463	*	365 / 4
=	232.25

Zhejiang Semir Garment Co Days Payable Related Terms

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Zhejiang Semir Garment Co (SZSE:002563) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Semir Garment Co Ltd (SZSE:002563) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 98, Nanhui Road, Yongqiao Industrial Park, Ouhai District, Zhejiang, Wenzhou, CHN, 325006

Website

http://www.semirbiz.com

Zhejiang Semir Garment Co Ltd produces a series of adult leisure clothing and children's clothes. The company currently has two online branded services - Semir and Balabala. The company offers adult casual wear for an age group of 16 to 30 years and professional and fashionable children's wear for an age group of 0-14 years. The company brands include Semir, Balabala, The Children's Place, Marcolor, It MICHAA, Sarabanda, and others.

Zhejiang Semir Garment Co (SZSE:002563) Headlines

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