Fujian Aonong Biological Technology Grouporp (SHSE:603363) Days Payable : 124.95 (As of Mar. 2024)

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What is Fujian Aonong Biological Technology Grouporp Days Payable?

Fujian Aonong Biological Technology Grouporp's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,357 Mil. Fujian Aonong Biological Technology Grouporp's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,452 Mil. Hence, Fujian Aonong Biological Technology Grouporp's Days Payable for the three months ended in Mar. 2024 was 124.95.

The historical rank and industry rank for Fujian Aonong Biological Technology Grouporp's Days Payable or its related term are showing as below:

SHSE:603363' s Days Payable Range Over the Past 10 Years
Min: 37.89 Med: 54.72 Max: 75.18
Current: 75.18

During the past 11 years, Fujian Aonong Biological Technology Grouporp's highest Days Payable was 75.18. The lowest was 37.89. And the median was 54.72.

SHSE:603363's Days Payable is ranked better than
73.36% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.66 vs SHSE:603363: 75.18

Fujian Aonong Biological Technology Grouporp's Days Payable increased from Mar. 2023 (80.69) to Mar. 2024 (124.95). It may suggest that Fujian Aonong Biological Technology Grouporp delayed paying its suppliers.

Fujian Aonong Biological Technology Grouporp Days Payable Historical Data

The historical data trend for Fujian Aonong Biological Technology Grouporp'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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Fujian Aonong Biological Technology Grouporp Days Payable Chart

Fujian Aonong Biological Technology Grouporp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

74.88

66.53

62.00

70.92

68.72

Fujian Aonong Biological Technology Grouporp 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															80.69	66.47	66.59	70.03	124.95

Competitive Comparison of Fujian Aonong Biological Technology Grouporp's Days Payable

For the Farm Products subindustry, Fujian Aonong Biological Technology Grouporp'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.

Fujian Aonong Biological Technology Grouporp's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fujian Aonong Biological Technology Grouporp's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Aonong Biological Technology Grouporp's Days Payable falls into.

Fujian Aonong Biological Technology Grouporp 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.

Fujian Aonong Biological Technology Grouporp'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
=	( (4117.683	+	3556.551)	/	2 )	/	20379.78	*	365
=	3837.117					/	20379.78	*	365
=	68.72

Fujian Aonong Biological Technology Grouporp'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
=	( (3556.551	+	3157.476)	/	2 )	/	2451.542	*	365 / 4
=	3357.0135					/	2451.542	*	365 / 4
=	124.95

Fujian Aonong Biological Technology Grouporp Days Payable Related Terms

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Fujian Aonong Biological Technology Grouporp (SHSE:603363) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fujian Aonong Biological Technology Group Incorp Ltd (SHSE:603363) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Guanyinshan Operation Center, 12th Floor, Building 10, Siming District, Fujian Province, Xiamen, CHN, 361008

Website

http://www.aonong.com.cn

Fujian Aonong Biological Technology Group Incorp Ltd is an agricultural and animal husbandry enterprise in China. The principal business activities of the company include feed-oriented service, animal protection, pig raising, and raw material trade. In addition, the company's insurance business mainly relies on the feed marketing system throughout the country to provide downstream farmers with relevant products for disease prevention and control.

Fujian Aonong Biological Technology Grouporp (SHSE:603363) Headlines

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