JX Luxventure (JX Luxventure) Days Payable : 9.87 (As of Jun. 2023)

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What is JX Luxventure Days Payable?

JX Luxventure's average Accounts Payable for the six months ended in Jun. 2023 was $0.99 Mil. JX Luxventure's Cost of Goods Sold for the six months ended in Jun. 2023 was $18.29 Mil. Hence, JX Luxventure's Days Payable for the six months ended in Jun. 2023 was 9.87.

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

JXJT' s Days Payable Range Over the Past 10 Years
Min: 0.45 Med: 1.12 Max: 53.28
Current: 18.3

During the past 11 years, JX Luxventure's highest Days Payable was 53.28. The lowest was 0.45. And the median was 1.12.

JXJT's Days Payable is ranked worse than
87.89% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.48 vs JXJT: 18.30

JX Luxventure's Days Payable increased from Jun. 2022 (9.34) to Jun. 2023 (9.87). It may suggest that JX Luxventure delayed paying its suppliers.

JX Luxventure Days Payable Historical Data

The historical data trend for JX Luxventure'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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JX Luxventure Days Payable Chart

JX Luxventure Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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1.28

1.81

53.28

1.97

2.25

JX Luxventure Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															17.59	5.14	9.34	18.51	9.87

Competitive Comparison of JX Luxventure's Days Payable

For the Apparel Manufacturing subindustry, JX Luxventure'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.

JX Luxventure's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, JX Luxventure's Days Payable distribution charts can be found below:

* The bar in red indicates where JX Luxventure's Days Payable falls into.

JX Luxventure 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.

JX Luxventure's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.297	+	0.671)	/	2 )	/	78.411	*	365
=	0.484					/	78.411	*	365
=	2.25

JX Luxventure's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.671	+	1.308)	/	2 )	/	18.294	*	365 / 2
=	0.9895					/	18.294	*	365 / 2
=	9.87

JX Luxventure Days Payable Related Terms

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JX Luxventure (JX Luxventure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » JX Luxventure Ltd (NAS:JXJT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KBP0:Germany

Address

Bin Hai Da Dao No. 270, Lang Qin Wan Guo Ji Du Jia Cun Zong He Lou, Xiu Ying District, Hainan Province, Haikou, CHN, 570100

Website

https://www.jxluxventure.com

JX Luxventure Ltd is engaged in the business of menswear, cross-border merchandise, airfare, and tourism. The company operates in three segments Tourism products, Technology and Cross- board merchandise. The majority of the group revenue is generated from the Tourism products.