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Sunvim Group Co (SZSE:002083) Days Payable : 52.85 (As of Mar. 2024)


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What is Sunvim Group Co Days Payable?

Sunvim Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥630 Mil. Sunvim Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,088 Mil. Hence, Sunvim Group Co's Days Payable for the three months ended in Mar. 2024 was 52.85.

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

SZSE:002083' s Days Payable Range Over the Past 10 Years
Min: 41.99   Med: 49.48   Max: 65.57
Current: 57.63

During the past 13 years, Sunvim Group Co's highest Days Payable was 65.57. The lowest was 41.99. And the median was 49.48.

SZSE:002083's Days Payable is ranked better than
50.39% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs SZSE:002083: 57.63

Sunvim Group Co's Days Payable declined from Mar. 2023 (59.19) to Mar. 2024 (52.85). It may suggest that Sunvim Group Co accelerated paying its suppliers.


Sunvim Group Co Days Payable Historical Data

The historical data trend for Sunvim Group 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.

Sunvim Group Co Days Payable Chart

Sunvim Group 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 44.31 49.42 41.99 42.43 49.53

Sunvim Group 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 59.19 72.86 51.21 46.43 52.85

Competitive Comparison of Sunvim Group Co's Days Payable

For the Textile Manufacturing subindustry, Sunvim Group 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.


Sunvim Group Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sunvim Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sunvim Group Co's Days Payable falls into.



Sunvim Group 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.

Sunvim Group 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
=( (579.644 + 630.366) / 2 ) / 4458.005*365
=605.005 / 4458.005*365
=49.53

Sunvim Group 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
=( (630.366 + 630.582) / 2 ) / 1088.465*365 / 4
=630.474 / 1088.465*365 / 4
=52.85

* 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.


Sunvim Group Co Days Payable Related Terms

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Sunvim Group Co (SZSE:002083) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Furi Street, Weifang, Shandong, CHN, 261500
Sunvim Group Co Ltd is engaged in the manufacturing and distribution of home textile products like the bath towel, towelling blanket, decorative cloth, tablecloth, napkin, bedding fabrics, and yarns.
Executives
Sun Hao Bo Directors, executives
Zhou Wen Guo Supervisors
Wang Ju Zhang Supervisors
Wu Ming Feng Directors, executives
Yu Cong Hai Director
Sun Ri Gui Directors, executives
Yan Yong Xuan Director
Qin Bo Supervisors
Fu Pei Lin Director
Qi Zong Zhong Supervisors
Zhang Shu Ming Supervisors
Zhang Guo Hua Director
Li Zhong Wei Director
Sun Yong Directors, executives
Yan Tang Director

Sunvim Group Co (SZSE:002083) Headlines

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