Jiashili Group (HKSE:01285) Days Payable : 47.00 (As of Dec. 2023)

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What is Jiashili Group Days Payable?

Jiashili Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$177 Mil. Jiashili Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$688 Mil. Hence, Jiashili Group's Days Payable for the six months ended in Dec. 2023 was 47.00.

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

HKSE:01285' s Days Payable Range Over the Past 10 Years
Min: 34.6 Med: 55.03 Max: 69.07
Current: 51.04

During the past 11 years, Jiashili Group's highest Days Payable was 69.07. The lowest was 34.60. And the median was 55.03.

HKSE:01285's Days Payable is ranked better than
55.96% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs HKSE:01285: 51.04

Jiashili Group's Days Payable declined from Dec. 2022 (48.39) to Dec. 2023 (47.00). It may suggest that Jiashili Group accelerated paying its suppliers.

Jiashili Group Days Payable Historical Data

The historical data trend for Jiashili Group'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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Jiashili Group Days Payable Chart

Jiashili Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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48.29

61.22

69.07

62.06

52.88

Jiashili Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															64.90	69.32	48.39	53.67	47.00

Competitive Comparison of Jiashili Group's Days Payable

For the Packaged Foods subindustry, Jiashili Group'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.

Jiashili Group's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiashili Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiashili Group's Days Payable falls into.

Jiashili Group 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.

Jiashili Group'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
=	( (188.362	+	186.683)	/	2 )	/	1294.267	*	365
=	187.5225					/	1294.267	*	365
=	52.88

Jiashili Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (167.923	+	186.683)	/	2 )	/	688.456	*	365 / 2
=	177.303					/	688.456	*	365 / 2
=	47.00

Jiashili Group Days Payable Related Terms

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Jiashili Group (HKSE:01285) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiashili Group Ltd (HKSE:01285) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 18 Gangkou Road, Changsha, Guangdong, Kaiping, CHN

Website

https://www.gdjsl.com

Jiashili Group Ltd is an investment holding company, which engages in the manufacture and sale of candy and biscuits in the People's Republic of China. The company offers Breakfast, Crisp, Sandwich, Wafers, Coarse grain series products and others, along with Soda biscuits, Cookies, Short biscuits, and Mooncakes. It is also involved in the wholesale and retail of pre-packaged food products. The group generates majority revenue from the sales of Breakfast biscuit series products. All of the group's operations are located in the PRC. It sells products in the PRC and also exports it to other countries.

Jiashili Group (HKSE:01285) Headlines

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