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Suzhou Ovodan Foods Co (BJSE:839371) Days Payable : 34.93 (As of Mar. 2024)


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What is Suzhou Ovodan Foods Co Days Payable?

Suzhou Ovodan Foods Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥71.2 Mil. Suzhou Ovodan Foods Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥185.9 Mil. Hence, Suzhou Ovodan Foods Co's Days Payable for the three months ended in Mar. 2024 was 34.93.

The historical rank and industry rank for Suzhou Ovodan Foods Co's Days Payable or its related term are showing as below:

BJSE:839371' s Days Payable Range Over the Past 10 Years
Min: 30.05   Med: 35.79   Max: 57.66
Current: 34.53

During the past 10 years, Suzhou Ovodan Foods Co's highest Days Payable was 57.66. The lowest was 30.05. And the median was 35.79.

BJSE:839371's Days Payable is ranked worse than
65.21% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs BJSE:839371: 34.53

Suzhou Ovodan Foods Co's Days Payable declined from Mar. 2023 (40.49) to Mar. 2024 (34.93). It may suggest that Suzhou Ovodan Foods Co accelerated paying its suppliers.


Suzhou Ovodan Foods Co Days Payable Historical Data

The historical data trend for Suzhou Ovodan Foods 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.

Suzhou Ovodan Foods Co Days Payable Chart

Suzhou Ovodan Foods Co 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 43.53 57.66 40.38 41.26 35.17

Suzhou Ovodan Foods Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 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 40.49 35.26 32.31 34.86 34.93

Competitive Comparison of Suzhou Ovodan Foods Co's Days Payable

For the Packaged Foods subindustry, Suzhou Ovodan Foods 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.


Suzhou Ovodan Foods Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Suzhou Ovodan Foods Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Ovodan Foods Co's Days Payable falls into.



Suzhou Ovodan Foods 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.

Suzhou Ovodan Foods 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
=( (83.015 + 77.752) / 2 ) / 834.244*365
=80.3835 / 834.244*365
=35.17

Suzhou Ovodan Foods 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
=( (77.752 + 64.574) / 2 ) / 185.924*365 / 4
=71.163 / 185.924*365 / 4
=34.93

* 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.


Suzhou Ovodan Foods Co Days Payable Related Terms

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Suzhou Ovodan Foods Co (BJSE:839371) Business Description

Traded in Other Exchanges
N/A
Address
No. 386, Jinxian Road, Jinjiaba Community, Fenhu High-tech Industrial Development Zone, Wujiang District, Jiangsu Province, Suzhou City, CHN, 215215
Suzhou Ovodan Foods Co Ltd Research and development, production, and sales of egg liquid, egg powder, and various egg pre-products. It offers Egg Albumen powder products, Egg yolk powder products, and Whole Egg powder products.

Suzhou Ovodan Foods Co (BJSE:839371) Headlines

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