Dencare (Chongqing) Oral Care Co (SZSE:001328) Days Payable : 74.05 (As of Mar. 2024)

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What is Dencare (Chongqing) Oral Care Co Days Payable?

Dencare (Chongqing) Oral Care Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥151 Mil. Dencare (Chongqing) Oral Care Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥186 Mil. Hence, Dencare (Chongqing) Oral Care Co's Days Payable for the three months ended in Mar. 2024 was 74.05.

The historical rank and industry rank for Dencare (Chongqing) Oral Care Co's Days Payable or its related term are showing as below:

SZSE:001328' s Days Payable Range Over the Past 10 Years
Min: 57.33 Med: 63.27 Max: 78.98
Current: 78.98

During the past 5 years, Dencare (Chongqing) Oral Care Co's highest Days Payable was 78.98. The lowest was 57.33. And the median was 63.27.

SZSE:001328's Days Payable is ranked better than
74.62% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.09 vs SZSE:001328: 78.98

Dencare (Chongqing) Oral Care Co's Days Payable declined from Mar. 2023 (87.12) to Mar. 2024 (74.05). It may suggest that Dencare (Chongqing) Oral Care Co accelerated paying its suppliers.

Dencare (Chongqing) Oral Care Co Days Payable Historical Data

The historical data trend for Dencare (Chongqing) Oral Care 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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Dencare (Chongqing) Oral Care Co Days Payable Chart

Dencare (Chongqing) Oral Care Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

58.96

57.33

63.27

72.31

78.58

Dencare (Chongqing) Oral Care Co Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial							87.12	93.84	77.31	65.44	74.05

Competitive Comparison of Dencare (Chongqing) Oral Care Co's Days Payable

For the Household & Personal Products subindustry, Dencare (Chongqing) Oral Care 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.

Dencare (Chongqing) Oral Care Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dencare (Chongqing) Oral Care Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dencare (Chongqing) Oral Care Co's Days Payable falls into.

Dencare (Chongqing) Oral Care 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.

Dencare (Chongqing) Oral Care 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
=	( (180.766	+	150.342)	/	2 )	/	768.959	*	365
=	165.554					/	768.959	*	365
=	78.58

Dencare (Chongqing) Oral Care 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
=	( (150.342	+	151.436)	/	2 )	/	185.935	*	365 / 4
=	150.889					/	185.935	*	365 / 4
=	74.05

Dencare (Chongqing) Oral Care Co Days Payable Related Terms

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Dencare (Chongqing) Oral Care Co (SZSE:001328) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dencare (Chongqing) Oral Care Co Ltd (SZSE:001328) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 389, Haier Road, Jiangbei District, Chongqing, CHN, 400025

Website

https://www.dencare.com.cn

Dencare (Chongqing) Oral Care Co Ltd is engaged in the research and development, production and sales of oral care products. The main products cover oral hygiene care products such as toothpaste, toothbrush, mouthwash, electric toothbrush, dental flosser and others.

Dencare (Chongqing) Oral Care Co (SZSE:001328) Headlines

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