Guangzhou Shangpin Home Collection Co (SZSE:300616) Days Payable : 156.69 (As of Mar. 2024)

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What is Guangzhou Shangpin Home Collection Co Days Payable?

Guangzhou Shangpin Home Collection Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥963 Mil. Guangzhou Shangpin Home Collection Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥561 Mil. Hence, Guangzhou Shangpin Home Collection Co's Days Payable for the three months ended in Mar. 2024 was 156.69.

The historical rank and industry rank for Guangzhou Shangpin Home Collection Co's Days Payable or its related term are showing as below:

SZSE:300616' s Days Payable Range Over the Past 10 Years
Min: 39.21 Med: 57.68 Max: 114.59
Current: 96.93

During the past 12 years, Guangzhou Shangpin Home Collection Co's highest Days Payable was 114.59. The lowest was 39.21. And the median was 57.68.

SZSE:300616's Days Payable is ranked better than
68.87% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.11 vs SZSE:300616: 96.93

Guangzhou Shangpin Home Collection Co's Days Payable increased from Mar. 2023 (125.09) to Mar. 2024 (156.69). It may suggest that Guangzhou Shangpin Home Collection Co delayed paying its suppliers.

Guangzhou Shangpin Home Collection Co Days Payable Historical Data

The historical data trend for Guangzhou Shangpin Home Collection 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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Guangzhou Shangpin Home Collection Co Days Payable Chart

Guangzhou Shangpin Home Collection Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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59.48

63.98

63.03

102.73

114.59

Guangzhou Shangpin Home Collection 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															125.09	75.67	84.91	103.39	156.69

Competitive Comparison of Guangzhou Shangpin Home Collection Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Guangzhou Shangpin Home Collection 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.

Guangzhou Shangpin Home Collection Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangzhou Shangpin Home Collection Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangzhou Shangpin Home Collection Co's Days Payable falls into.

Guangzhou Shangpin Home Collection 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.

Guangzhou Shangpin Home Collection 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
=	( (960.251	+	1040.158)	/	2 )	/	3185.896	*	365
=	1000.2045					/	3185.896	*	365
=	114.59

Guangzhou Shangpin Home Collection 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
=	( (1040.158	+	884.946)	/	2 )	/	560.545	*	365 / 4
=	962.552					/	560.545	*	365 / 4
=	156.69

Guangzhou Shangpin Home Collection Co Days Payable Related Terms

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Guangzhou Shangpin Home Collection Co (SZSE:300616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangzhou Shangpin Home Collection Co Ltd (SZSE:300616) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 85, Huacheng Avenue, Unit 01-05, Room 3501, Tianhe District, Guangdong, Guangzhou, CHN, 510623

Website

http://www.spzp.com

Guangzhou Shangpin Home Collection Co Ltd manufactures home furniture.

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