New World Department Store China (New World Department Store China) Days Payable

: 801.79 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

New World Department Store China's average Accounts Payable for the six months ended in Dec. 2023 was $88.1 Mil. New World Department Store China's Cost of Goods Sold for the six months ended in Dec. 2023 was $20.0 Mil. Hence, New World Department Store China's Days Payable for the six months ended in Dec. 2023 was 801.79.

The historical rank and industry rank for New World Department Store China's Days Payable or its related term are showing as below:

NWRLY' s Days Payable Range Over the Past 10 Years
Min: 573.14 Med: 677.51 Max: 1182.52
Current: 685.03

During the past 13 years, New World Department Store China's highest Days Payable was 1182.52. The lowest was 573.14. And the median was 677.51.

NWRLY's Days Payable is ranked better than
97.87% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs NWRLY: 685.03

New World Department Store China's Days Payable increased from Dec. 2022 (642.73) to Dec. 2023 (801.79). It may suggest that New World Department Store China delayed paying its suppliers.

New World Department Store China Days Payable Historical Data

The historical data trend for New World Department Store China'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 580.94 [6] => 719.92 [7] => 573.54 [8] => 601.25 [9] => 583.95 )

New World Department Store China Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

580.94

719.92

573.54

601.25

583.95

New World Department Store China Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable																697.14	733.24	642.73	587.65	801.79

Competitive Comparison

For the Department Stores subindustry, New World Department Store China'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.

New World Department Store China Days Payable Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, New World Department Store China's Days Payable distribution charts can be found below:

* The bar in red indicates where New World Department Store China's Days Payable falls into.

New World Department Store China 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.

New World Department Store China's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (73.943	+	84.441)	/	2 )	/	49.499	*	365
=	79.192					/	49.499	*	365
=	583.95

New World Department Store China's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (84.441	+	91.715)	/	2 )	/	20.048	*	365 / 2
=	88.078					/	20.048	*	365 / 2
=	801.79

New World Department Store China Days Payable Related Terms

Thank you for viewing the detailed overview of New World Department Store China's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

New World Department Store China (New World Department Store China) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » New World Department Store China Ltd (OTCPK:NWRLY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00825:Hong Kong NWM:Germany

Address

88 Hing Fat Street, 7th Floor, Causeway Bay, Hong Kong, HKG

Website

https://www.nwds.com.hk

New World Department Store China Ltd owns and operates department stores and shopping malls in the Peoples Republic of China. The company operates through two segments namely Department stores and Property Investment business. The company generates maximum revenue from the Department store segment. Revenue is predominantly generated in Mainland China and important operating assets of the group are in Mainland China.

New World Department Store China (New World Department Store China) Headlines

No Headlines