ShenZhen HuiJie Group Co (SZSE:002763) Days Payable : 82.18 (As of Mar. 2024)

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What is ShenZhen HuiJie Group Co Days Payable?

ShenZhen HuiJie Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥213 Mil. ShenZhen HuiJie Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥237 Mil. Hence, ShenZhen HuiJie Group Co's Days Payable for the three months ended in Mar. 2024 was 82.18.

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

SZSE:002763' s Days Payable Range Over the Past 10 Years
Min: 50.08 Med: 65.16 Max: 80.99
Current: 79.7

During the past 13 years, ShenZhen HuiJie Group Co's highest Days Payable was 80.99. The lowest was 50.08. And the median was 65.16.

SZSE:002763's Days Payable is ranked better than
67.32% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs SZSE:002763: 79.70

ShenZhen HuiJie Group Co's Days Payable increased from Mar. 2023 (69.90) to Mar. 2024 (82.18). It may suggest that ShenZhen HuiJie Group Co delayed paying its suppliers.

ShenZhen HuiJie Group Co Days Payable Historical Data

The historical data trend for ShenZhen HuiJie 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.

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ShenZhen HuiJie Group Co Days Payable Chart

ShenZhen HuiJie Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

58.66

62.05

71.17

77.02

80.99

ShenZhen HuiJie 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															69.90	63.69	92.26	92.74	82.18

Competitive Comparison of ShenZhen HuiJie Group Co's Days Payable

For the Textile Manufacturing subindustry, ShenZhen HuiJie 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.

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

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

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

ShenZhen HuiJie 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.

ShenZhen HuiJie 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
=	( (162.038	+	257.326)	/	2 )	/	944.927	*	365
=	209.682					/	944.927	*	365
=	80.99

ShenZhen HuiJie 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
=	( (257.326	+	169.271)	/	2 )	/	236.832	*	365 / 4
=	213.2985					/	236.832	*	365 / 4
=	82.18

ShenZhen HuiJie Group Co Days Payable Related Terms

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ShenZhen HuiJie Group Co (SZSE:002763) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » ShenZhen HuiJie Group Co Ltd (SZSE:002763) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1006 Shennan Avenue, 31-32 Floor, Building A, Shenzhen International Innovation Center, Futian District, Shenzhen, CHN, 518040

Website

https://www.huijiegroup.com

ShenZhen HuiJie Group Co Ltd is a textile manufacturer. It specializes in underwear ergonomics research, product design, manufacturing, marketing, and brand promotion.

Executives

Wu Guo Bin	Executives
Yuan Xin	Executives
Xiong Wen	Executives

ShenZhen HuiJie Group Co (SZSE:002763) Headlines

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