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Three Squirrels (SZSE:300783) Days Payable : 37.46 (As of Mar. 2024)


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What is Three Squirrels Days Payable?

Three Squirrels's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,086 Mil. Three Squirrels's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,647 Mil. Hence, Three Squirrels's Days Payable for the three months ended in Mar. 2024 was 37.46.

The historical rank and industry rank for Three Squirrels's Days Payable or its related term are showing as below:

SZSE:300783' s Days Payable Range Over the Past 10 Years
Min: 40.7   Med: 81.16   Max: 238.63
Current: 40.7

During the past 10 years, Three Squirrels's highest Days Payable was 238.63. The lowest was 40.70. And the median was 81.16.

SZSE:300783's Days Payable is ranked worse than
57.37% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs SZSE:300783: 40.70

Three Squirrels's Days Payable declined from Mar. 2023 (47.69) to Mar. 2024 (37.46). It may suggest that Three Squirrels accelerated paying its suppliers.


Three Squirrels Days Payable Historical Data

The historical data trend for Three Squirrels'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.

Three Squirrels Days Payable Chart

Three Squirrels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.72 77.61 71.17 81.05 87.38

Three Squirrels 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.69 43.86 43.66 53.57 37.46

Competitive Comparison of Three Squirrels's Days Payable

For the Packaged Foods subindustry, Three Squirrels'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.


Three Squirrels's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Three Squirrels's Days Payable distribution charts can be found below:

* The bar in red indicates where Three Squirrels's Days Payable falls into.



Three Squirrels 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.

Three Squirrels'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
=( (1063.465 + 1548.469) / 2 ) / 5454.929*365
=1305.967 / 5454.929*365
=87.38

Three Squirrels'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
=( (1548.469 + 624.47) / 2 ) / 2646.777*365 / 4
=1086.4695 / 2646.777*365 / 4
=37.46

* 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.


Three Squirrels Days Payable Related Terms

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Three Squirrels (SZSE:300783) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jiusheng Road, Wuhu High-tech Industrial Development Zone, Wujiang District, Anhui Province, Wuhu, CHN
Three Squirrels Inc is engaged in the development, testing, packaging and sales of private label snack foods.
Executives
Zhang Liao Yuan Directors, executives

Three Squirrels (SZSE:300783) Headlines

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