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Deluxe Family Co (SHSE:600503) Days Payable : 68.19 (As of Mar. 2024)


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What is Deluxe Family Co Days Payable?

Deluxe Family Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥44.9 Mil. Deluxe Family Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥60.1 Mil. Hence, Deluxe Family Co's Days Payable for the three months ended in Mar. 2024 was 68.19.

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

SHSE:600503' s Days Payable Range Over the Past 10 Years
Min: 69.34   Med: 153.61   Max: 467.13
Current: 101.32

During the past 13 years, Deluxe Family Co's highest Days Payable was 467.13. The lowest was 69.34. And the median was 153.61.

SHSE:600503's Days Payable is ranked better than
51.24% of 1575 companies
in the Real Estate industry
Industry Median: 96.91 vs SHSE:600503: 101.32

Deluxe Family Co's Days Payable declined from Mar. 2023 (929.88) to Mar. 2024 (68.19). It may suggest that Deluxe Family Co accelerated paying its suppliers.


Deluxe Family Co Days Payable Historical Data

The historical data trend for Deluxe Family 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.

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Deluxe Family Co Days Payable Chart

Deluxe Family 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 69.34 148.87 158.34 161.39 273.36

Deluxe Family 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 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 929.88 268.91 62.42 288.21 68.19

Competitive Comparison of Deluxe Family Co's Days Payable

For the Real Estate - Development subindustry, Deluxe Family 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.


Deluxe Family Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deluxe Family Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Deluxe Family Co's Days Payable falls into.



Deluxe Family 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.

Deluxe Family 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
=( (50.987 + 49.19) / 2 ) / 66.881*365
=50.0885 / 66.881*365
=273.36

Deluxe Family 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
=( (49.19 + 40.603) / 2 ) / 60.08*365 / 4
=44.8965 / 60.08*365 / 4
=68.19

* 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.


Deluxe Family Co Days Payable Related Terms

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Deluxe Family Co (SHSE:600503) Business Description

Traded in Other Exchanges
N/A
Address
Room 202, No. 1, Lane 968, Quxi Road, Huangpu District, Shanghai, CHN, 200336
Deluxe Family Co Ltd is engaged in real estate development. It is also involved in the architectural decoration, environmental protection and other related industries, and is expanding its commercial real estate and tourism business.

Deluxe Family Co (SHSE:600503) Headlines

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