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China Food Co (LSE:CFC) Days Payable : 372.65 (As of Jun. 2013)


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What is China Food Co Days Payable?

China Food Co's average Accounts Payable for the six months ended in Jun. 2013 was £9.76 Mil. China Food Co's Cost of Goods Sold for the six months ended in Jun. 2013 was £4.78 Mil. Hence, China Food Co's Days Payable for the six months ended in Jun. 2013 was 372.65.

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

LSE:CFC's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 46.07
* Ranked among companies with meaningful Days Payable only.

China Food Co's Days Payable increased from Jun. 2012 (209.02) to Jun. 2013 (372.65). It may suggest that China Food Co delayed paying its suppliers.


China Food Co Days Payable Historical Data

The historical data trend for China Food 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.

China Food Co Days Payable Chart

China Food Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Payable
Get a 7-Day Free Trial 21.87 25.22 38.67 34.02 38.67

China Food Co Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 150.90 31.24 209.02 194.55 372.65

Competitive Comparison of China Food Co's Days Payable

For the Packaged Foods subindustry, China Food 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.


China Food Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where China Food Co's Days Payable falls into.



China Food 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.

China Food Co's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

Days Payable (A: Dec. 2011 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2010 ) + Accounts Payable (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (2.817 + 3.89) / 2 ) / 31.655*365
=3.3535 / 31.655*365
=38.67

China Food Co's Days Payable for the quarter that ended in Jun. 2013 is calculated as:

Days Payable (Q: Jun. 2013 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2012 ) + Accounts Payable (Q: Jun. 2013 )) / count ) / Cost of Goods Sold (Q: Jun. 2013 )*Days in Period
=( (2.44 + 17.085) / 2 ) / 4.781*365 / 2
=9.7625 / 4.781*365 / 2
=372.65

* 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.


China Food Co Days Payable Related Terms

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China Food Co (LSE:CFC) Business Description

Traded in Other Exchanges
N/A
Address
China Food Company PLC is incorporated in England and Wales. It produces and distributes cooking and dipping sauces, soya sauce and vinegar/bean paste through its subsidiaries in the People's Republic of China.

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