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Shenzhen Jianyi Decoration Group Co (SZSE:002789) Days Payable : 593.29 (As of Mar. 2024)


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What is Shenzhen Jianyi Decoration Group Co Days Payable?

Shenzhen Jianyi Decoration Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥4,602 Mil. Shenzhen Jianyi Decoration Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥708 Mil. Hence, Shenzhen Jianyi Decoration Group Co's Days Payable for the three months ended in Mar. 2024 was 593.29.

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

SZSE:002789' s Days Payable Range Over the Past 10 Years
Min: 97.76   Med: 135.98   Max: 569.42
Current: 282.57

During the past 13 years, Shenzhen Jianyi Decoration Group Co's highest Days Payable was 569.42. The lowest was 97.76. And the median was 135.98.

SZSE:002789's Days Payable is ranked better than
88.51% of 1610 companies
in the Construction industry
Industry Median: 76.345 vs SZSE:002789: 282.57

Shenzhen Jianyi Decoration Group Co's Days Payable increased from Mar. 2023 (536.38) to Mar. 2024 (593.29). It may suggest that Shenzhen Jianyi Decoration Group Co delayed paying its suppliers.


Shenzhen Jianyi Decoration Group Co Days Payable Historical Data

The historical data trend for Shenzhen Jianyi Decoration 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.

Shenzhen Jianyi Decoration Group Co Days Payable Chart

Shenzhen Jianyi Decoration 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 159.06 237.70 256.16 569.42 309.91

Shenzhen Jianyi Decoration 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 536.38 278.71 373.20 164.12 593.29

Competitive Comparison of Shenzhen Jianyi Decoration Group Co's Days Payable

For the Engineering & Construction subindustry, Shenzhen Jianyi Decoration 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 Jianyi Decoration Group Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shenzhen Jianyi Decoration Group Co's Days Payable distribution charts can be found below:

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



Shenzhen Jianyi Decoration 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 Jianyi Decoration 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
=( (4371.714 + 4888.04) / 2 ) / 5452.893*365
=4629.877 / 5452.893*365
=309.91

Shenzhen Jianyi Decoration 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
=( (4888.04 + 4316.264) / 2 ) / 707.821*365 / 4
=4602.152 / 707.821*365 / 4
=593.29

* 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.


Shenzhen Jianyi Decoration Group Co Days Payable Related Terms

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Shenzhen Jianyi Decoration Group Co (SZSE:002789) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Zhenxing Road, Floor 18 & 19, Jianyi Building, Futian District, Shenzhen, CHN, 518031
Shenzhen Jianyi Decoration Group Co Ltd is a comprehensive architectural decoration enterprise which provides services to office buildings, government agencies, star-rated hotels, culture, and education. It is engaged in decoration, designing, and construction of buildings. Its portfolio includes Administrative Centers, Public Buildings, Star Hotels, Cultural and Sports Spaces, and Real Estate Projects.
Executives
Guo Wei Director
Sun Yun Directors, executives
Liu Guo Ping Supervisors
Chen Jing Hui Supervisors
Yan Ru Zhen Directors, executives
Tian Li Executives
Liu Hai Yun Directors, executives
Liu Qing Yun Executives
Liu Xiao Yi Independent director

Shenzhen Jianyi Decoration Group Co (SZSE:002789) Headlines

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