Sichuan Guoguoang Agrochemicals Co (SZSE:002749) Days Payable : 38.30 (As of Mar. 2024)

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What is Sichuan Guoguoang Agrochemicals Co Days Payable?

Sichuan Guoguoang Agrochemicals Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥86 Mil. Sichuan Guoguoang Agrochemicals Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥206 Mil. Hence, Sichuan Guoguoang Agrochemicals Co's Days Payable for the three months ended in Mar. 2024 was 38.30.

The historical rank and industry rank for Sichuan Guoguoang Agrochemicals Co's Days Payable or its related term are showing as below:

SZSE:002749' s Days Payable Range Over the Past 10 Years
Min: 13.64 Med: 19.06 Max: 31.44
Current: 25.32

During the past 13 years, Sichuan Guoguoang Agrochemicals Co's highest Days Payable was 31.44. The lowest was 13.64. And the median was 19.06.

SZSE:002749's Days Payable is ranked worse than
86.75% of 234 companies
in the Agriculture industry
Industry Median: 78.425 vs SZSE:002749: 25.32

Sichuan Guoguoang Agrochemicals Co's Days Payable increased from Mar. 2023 (27.32) to Mar. 2024 (38.30). It may suggest that Sichuan Guoguoang Agrochemicals Co delayed paying its suppliers.

Sichuan Guoguoang Agrochemicals Co Days Payable Historical Data

The historical data trend for Sichuan Guoguoang Agrochemicals 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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Sichuan Guoguoang Agrochemicals Co Days Payable Chart

Sichuan Guoguoang Agrochemicals Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.39

24.17

23.40

18.67

23.30

Sichuan Guoguoang Agrochemicals 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															27.32	17.68	27.91	22.76	38.30

Competitive Comparison of Sichuan Guoguoang Agrochemicals Co's Days Payable

For the Agricultural Inputs subindustry, Sichuan Guoguoang Agrochemicals 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.

Sichuan Guoguoang Agrochemicals Co's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Sichuan Guoguoang Agrochemicals Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Guoguoang Agrochemicals Co's Days Payable falls into.

Sichuan Guoguoang Agrochemicals 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.

Sichuan Guoguoang Agrochemicals 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
=	( (59.564	+	79.254)	/	2 )	/	1087.137	*	365
=	69.409					/	1087.137	*	365
=	23.30

Sichuan Guoguoang Agrochemicals 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
=	( (79.254	+	93.339)	/	2 )	/	205.619	*	365 / 4
=	86.2965					/	205.619	*	365 / 4
=	38.30

Sichuan Guoguoang Agrochemicals Co Days Payable Related Terms

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Sichuan Guoguoang Agrochemicals Co (SZSE:002749) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sichuan Guoguoang Agrochemicals Co Ltd (SZSE:002749) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 899, Beijing Road, Longquanyi District, Sichuan, Chengdu, CHN, 610100

Website

http://www.scggic.com

Sichuan Guoguoang Agrochemicals Co Ltd is engaged in research, development, production, and sales of plant growth regulators and high-efficiency water-soluble fertilizers. Its products mainly used in agricultural planting, horticultural production, garden conservation, forestry plant protection and other fields. The firm exports its products to the United States, Japan, Thailand, Egypt, the Philippines, Vietnam, South Korea.

Executives

He Peng	Directors, executives
Yan Chang Xu	Director
Yan Ya Qi	Directors, executives

Sichuan Guoguoang Agrochemicals Co (SZSE:002749) Headlines

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