Shanghai Kaytune Industrial Co (SZSE:301001) Days Payable : 30.31 (As of Mar. 2024)

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What is Shanghai Kaytune Industrial Co Days Payable?

Shanghai Kaytune Industrial Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥24.6 Mil. Shanghai Kaytune Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥73.9 Mil. Hence, Shanghai Kaytune Industrial Co's Days Payable for the three months ended in Mar. 2024 was 30.31.

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

SZSE:301001' s Days Payable Range Over the Past 10 Years
Min: 22.93 Med: 30.32 Max: 49.48
Current: 27.21

During the past 7 years, Shanghai Kaytune Industrial Co's highest Days Payable was 49.48. The lowest was 22.93. And the median was 30.32.

SZSE:301001's Days Payable is ranked worse than
79.19% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.71 vs SZSE:301001: 27.21

Shanghai Kaytune Industrial Co's Days Payable declined from Mar. 2023 (38.45) to Mar. 2024 (30.31). It may suggest that Shanghai Kaytune Industrial Co accelerated paying its suppliers.

Shanghai Kaytune Industrial Co Days Payable Historical Data

The historical data trend for Shanghai Kaytune Industrial 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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Shanghai Kaytune Industrial Co Days Payable Chart

Shanghai Kaytune Industrial Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.80

41.06

49.48

33.24

Shanghai Kaytune Industrial Co Quarterly Data
	Dec18	Jun19	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															38.45	27.01	36.58	22.46	30.31

Competitive Comparison of Shanghai Kaytune Industrial Co's Days Payable

For the Internet Retail subindustry, Shanghai Kaytune Industrial 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.

Shanghai Kaytune Industrial Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Kaytune Industrial Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Kaytune Industrial Co's Days Payable falls into.

Shanghai Kaytune Industrial 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.

Shanghai Kaytune Industrial 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
=	( (57.087	+	28.387)	/	2 )	/	469.263	*	365
=	42.737					/	469.263	*	365
=	33.24

Shanghai Kaytune Industrial 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
=	( (28.387	+	20.732)	/	2 )	/	73.945	*	365 / 4
=	24.5595					/	73.945	*	365 / 4
=	30.31

Shanghai Kaytune Industrial Co Days Payable Related Terms

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Shanghai Kaytune Industrial Co (SZSE:301001) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shanghai Kaytune Industrial Co Ltd (SZSE:301001) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 857 Tiangong Road, Room 2401, Building 2, Jinshan Industrial Zone, Shanghai, CHN, 201404

Website

http://www.kaytune.com.cn

Shanghai Kaytune Industrial Co Ltd is engaged in providing comprehensive e-commerce services and customer relationship management services for well-known domestic and foreign brands.

Shanghai Kaytune Industrial Co (SZSE:301001) Headlines

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