Monalisa Group Co (SZSE:002918) Days Payable : 227.54 (As of Mar. 2024)

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What is Monalisa Group Co Days Payable?

Monalisa Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,499 Mil. Monalisa Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥601 Mil. Hence, Monalisa Group Co's Days Payable for the three months ended in Mar. 2024 was 227.54.

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

SZSE:002918' s Days Payable Range Over the Past 10 Years
Min: 133.87 Med: 169.2 Max: 208
Current: 159.74

During the past 11 years, Monalisa Group Co's highest Days Payable was 208.00. The lowest was 133.87. And the median was 169.20.

SZSE:002918's Days Payable is ranked better than
78.07% of 1605 companies
in the Construction industry
Industry Median: 74.35 vs SZSE:002918: 159.74

Monalisa Group Co's Days Payable declined from Mar. 2023 (230.82) to Mar. 2024 (227.54). It may suggest that Monalisa Group Co accelerated paying its suppliers.

Monalisa Group Co Days Payable Historical Data

The historical data trend for Monalisa Group 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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Monalisa Group Co Days Payable Chart

Monalisa Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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208.00

199.23

162.63

185.57

173.21

Monalisa Group 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															230.82	136.64	154.69	163.33	227.54

Competitive Comparison of Monalisa Group Co's Days Payable

For the Building Products & Equipment subindustry, Monalisa Group 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.

Monalisa Group Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Monalisa Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Monalisa Group Co's Days Payable falls into.

Monalisa Group 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.

Monalisa Group 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
=	( (2314.818	+	1646.122)	/	2 )	/	4173.441	*	365
=	1980.47					/	4173.441	*	365
=	173.21

Monalisa Group 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
=	( (1646.122	+	1352.46)	/	2 )	/	601.254	*	365 / 4
=	1499.291					/	601.254	*	365 / 4
=	227.54

Monalisa Group Co Days Payable Related Terms

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Monalisa Group Co (SZSE:002918) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Monalisa Group Co Ltd (SZSE:002918) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taiping Industrial Zone, Xiqiao Town, Nanhai District, Guangdong Province, Foshan City, CHN, 528211

Website

http://www.monalisa.com.cn

Monalisa Group Co Ltd is a China-based company is engaged in the production and sales of high-quality building ceramic products. Its products include ceramic tiles, porcelain panel, and ceramic art paintings.

Monalisa Group Co (SZSE:002918) Headlines

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