China Auto Logistics (China Auto Logistics) Days Payable : 3.14 (As of Sep. 2017)

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What is China Auto Logistics Days Payable?

China Auto Logistics's average Accounts Payable for the three months ended in Sep. 2017 was $4.3 Mil. China Auto Logistics's Cost of Goods Sold for the three months ended in Sep. 2017 was $124.7 Mil. Hence, China Auto Logistics's Days Payable for the three months ended in Sep. 2017 was 3.14.

The historical rank and industry rank for China Auto Logistics's Days Payable or its related term are showing as below:

CALIQ's Days Payable is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 65.67
* Ranked among companies with meaningful Days Payable only.

China Auto Logistics's Days Payable stayed the same from Sep. 2016 (3.14) to Sep. 2017 (3.14). stayed the same

China Auto Logistics Days Payable Historical Data

The historical data trend for China Auto Logistics'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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China Auto Logistics Days Payable Chart

China Auto Logistics Annual Data

Trend

Nov07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Payable

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12.67

7.25

0.59

0.67

China Auto Logistics Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Days Payable	Get a 7-Day Free Trial															3.14	1.17	0.71	2.37	3.14

Competitive Comparison of China Auto Logistics's Days Payable

For the Auto & Truck Dealerships subindustry, China Auto Logistics'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.

China Auto Logistics's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Auto Logistics's Days Payable distribution charts can be found below:

* The bar in red indicates where China Auto Logistics's Days Payable falls into.

China Auto Logistics 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.

China Auto Logistics's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

	Days Payable (A: Dec. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2015 )	+	Accounts Payable (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (1.335	+	0.365)	/	2 )	/	464.099	*	365
=	0.85					/	464.099	*	365
=	0.67

China Auto Logistics's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

	Days Payable (Q: Sep. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2017 )	+	Accounts Payable (Q: Sep. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
=	( (5.825	+	2.771)	/	2 )	/	124.705	*	365 / 4
=	4.298					/	124.705	*	365 / 4
=	3.14

China Auto Logistics Days Payable Related Terms

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China Auto Logistics (China Auto Logistics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Auto Logistics Inc (OTCPK:CALIQ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

86 Tianbao Avenue, Floor 1 FTZ International Auto Mall, Free Trade Zone, Tianjin, CHN, 300461

Website

http://www.chinaautologisticsinc.com

China Auto Logistics Inc is the wholesaler of imported luxury automobiles. The company's operating segment includes Sales of Automobiles; Financing Services and Other Services. It generates maximum revenue from the Sales of Automobiles segment. Entire revenue from operations of the company is generated in China. The company also delivers logistics services related to the automobile importing process and other automobile value-added services, such as assistance with customs clearance, storage, and nationwide delivery services.