Long Bamboo Technology Group Co (BJSE:831445) Days Payable : 61.39 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Long Bamboo Technology Group Co Days Payable?

Long Bamboo Technology Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥29.0 Mil. Long Bamboo Technology Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥43.1 Mil. Hence, Long Bamboo Technology Group Co's Days Payable for the three months ended in Mar. 2024 was 61.39.

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

BJSE:831445' s Days Payable Range Over the Past 10 Years
Min: 28.97 Med: 56.29 Max: 79.58
Current: 49.55

During the past 11 years, Long Bamboo Technology Group Co's highest Days Payable was 79.58. The lowest was 28.97. And the median was 56.29.

BJSE:831445's Days Payable is ranked worse than
63.52% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs BJSE:831445: 49.55

Long Bamboo Technology Group Co's Days Payable increased from Mar. 2023 (57.92) to Mar. 2024 (61.39). It may suggest that Long Bamboo Technology Group Co delayed paying its suppliers.

Long Bamboo Technology Group Co Days Payable Historical Data

The historical data trend for Long Bamboo Technology 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.

* Premium members only.

Long Bamboo Technology Group Co Days Payable Chart

Long Bamboo Technology Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

58.97

65.41

66.36

54.88

50.32

Long Bamboo Technology 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															57.92	48.29	40.59	54.32	61.39

Competitive Comparison of Long Bamboo Technology Group Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Long Bamboo Technology 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.

Long Bamboo Technology Group Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Long Bamboo Technology Group Co's Days Payable distribution charts can be found below:

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

Long Bamboo Technology 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.

Long Bamboo Technology Group Co'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
=	( (35.789	+	35.161)	/	2 )	/	257.317	*	365
=	35.475					/	257.317	*	365
=	50.32

Long Bamboo Technology 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
=	( (35.132	+	22.866)	/	2 )	/	43.103	*	365 / 4
=	28.999					/	43.103	*	365 / 4
=	61.39

Long Bamboo Technology Group Co Days Payable Related Terms

Thank you for viewing the detailed overview of Long Bamboo Technology Group Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Long Bamboo Technology Group Co (BJSE:831445) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Long Bamboo Technology Group Co Ltd (BJSE:831445) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1, Longtai Garden, Xushi Town, Jianyang District, Fujian Province, Nanping City, CHN, 354200

Website

https://www.longbamboogroup.com

Long Bamboo Technology Group Co Ltd is mainly engaged in the research, development, production, and sales of bamboo products. It offers bamboo household products, bamboo building decoration materials, and bamboo automation machinery.

Long Bamboo Technology Group Co (BJSE:831445) Headlines

No Headlines