Zoy Home Furnishing Co (SHSE:603709) Days Payable : 132.64 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Zoy Home Furnishing Co Days Payable?

Zoy Home Furnishing Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥376 Mil. Zoy Home Furnishing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥258 Mil. Hence, Zoy Home Furnishing Co's Days Payable for the three months ended in Mar. 2024 was 132.64.

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

SHSE:603709' s Days Payable Range Over the Past 10 Years
Min: 120.31 Med: 150.9 Max: 167.1
Current: 120.31

During the past 11 years, Zoy Home Furnishing Co's highest Days Payable was 167.10. The lowest was 120.31. And the median was 150.90.

SHSE:603709's Days Payable is ranked better than
77.67% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs SHSE:603709: 120.31

Zoy Home Furnishing Co's Days Payable increased from Mar. 2023 (124.62) to Mar. 2024 (132.64). It may suggest that Zoy Home Furnishing Co delayed paying its suppliers.

Zoy Home Furnishing Co Days Payable Historical Data

The historical data trend for Zoy Home Furnishing 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.

Zoy Home Furnishing Co Days Payable Chart

Zoy Home Furnishing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

152.01

149.78

146.42

158.05

128.63

Zoy Home Furnishing 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															124.62	115.38	119.66	117.61	132.64

Competitive Comparison of Zoy Home Furnishing Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Zoy Home Furnishing 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.

Zoy Home Furnishing Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zoy Home Furnishing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zoy Home Furnishing Co's Days Payable falls into.

Zoy Home Furnishing 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.

Zoy Home Furnishing 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
=	( (198.041	+	381.618)	/	2 )	/	822.403	*	365
=	289.8295					/	822.403	*	365
=	128.63

Zoy Home Furnishing 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
=	( (381.618	+	369.826)	/	2 )	/	258.485	*	365 / 4
=	375.722					/	258.485	*	365 / 4
=	132.64

Zoy Home Furnishing Co Days Payable Related Terms

Thank you for viewing the detailed overview of Zoy Home Furnishing Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Zoy Home Furnishing Co (SHSE:603709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zoy Home Furnishing Co Ltd (SHSE:603709) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Tangpu Industrial Park, Anji County, Zhejiang Province, Huzhou, CHN, 313300

Website

http://www.zoy-living.com

Zoy Home Furnishing Co Ltd manufactures and markets furniture. The Company designs, produces, and sells ordinary and ergonomic sofas, and other related products. The company's products mainly include functional sofas, fixed sofas and single lounge chairs and others, such as manual function sofa, electric function sofa, armrest push back sofas, elderly chairs, household and commercial sofas and household and commercial single leisure chairs.

Zoy Home Furnishing Co (SHSE:603709) Headlines

No Headlines