Jade Bird Fire Co (SZSE:002960) Days Payable : 116.30 (As of Mar. 2024)

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What is Jade Bird Fire Co Days Payable?

Jade Bird Fire Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥686 Mil. Jade Bird Fire Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥538 Mil. Hence, Jade Bird Fire Co's Days Payable for the three months ended in Mar. 2024 was 116.30.

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

SZSE:002960' s Days Payable Range Over the Past 10 Years
Min: 89.9 Med: 102.55 Max: 116.41
Current: 91.47

During the past 13 years, Jade Bird Fire Co's highest Days Payable was 116.41. The lowest was 89.90. And the median was 102.55.

SZSE:002960's Days Payable is ranked better than
72.81% of 923 companies
in the Business Services industry
Industry Median: 47.09 vs SZSE:002960: 91.47

Jade Bird Fire Co's Days Payable declined from Mar. 2023 (138.98) to Mar. 2024 (116.30). It may suggest that Jade Bird Fire Co accelerated paying its suppliers.

Jade Bird Fire Co Days Payable Historical Data

The historical data trend for Jade Bird Fire 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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Jade Bird Fire Co Days Payable Chart

Jade Bird Fire Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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102.50

116.41

95.08

94.13

91.73

Jade Bird Fire 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															138.98	82.76	97.11	88.88	116.30

Competitive Comparison of Jade Bird Fire Co's Days Payable

For the Security & Protection Services subindustry, Jade Bird Fire 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.

Jade Bird Fire Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Jade Bird Fire Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jade Bird Fire Co's Days Payable falls into.

Jade Bird Fire 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.

Jade Bird Fire 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
=	( (792.233	+	749.694)	/	2 )	/	3067.87	*	365
=	770.9635					/	3067.87	*	365
=	91.73

Jade Bird Fire 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
=	( (749.694	+	622.213)	/	2 )	/	538.218	*	365 / 4
=	685.9535					/	538.218	*	365 / 4
=	116.30

Jade Bird Fire Co Days Payable Related Terms

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Jade Bird Fire Co (SZSE:002960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jade Bird Fire Co Ltd (SZSE:002960) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 207 Chengfu Road, Beida Jade Bird Hous, Haidian District, Beijing, CHN, 100871

Website

http://www.jbufa.com

Jade Bird Fire Co Ltd is engaged in the research, development, production, and sales of fire safety system products. The company's products are mainly used in national key projects such as Zhongnanhai, the Beijing Olympic Games, the Shanghai World Expo, etc.

Jade Bird Fire Co (SZSE:002960) Headlines

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