Parkson Retail Group (Parkson Retail Group) Days Payable : 141.99 (As of Dec. 2023)

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What is Parkson Retail Group Days Payable?

Parkson Retail Group's average Accounts Payable for the three months ended in Dec. 2023 was $91.2 Mil. Parkson Retail Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $58.6 Mil. Hence, Parkson Retail Group's Days Payable for the three months ended in Dec. 2023 was 141.99.

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

PKSGY' s Days Payable Range Over the Past 10 Years
Min: 118.61 Med: 234.55 Max: 491.84
Current: 119.68

During the past 13 years, Parkson Retail Group's highest Days Payable was 491.84. The lowest was 118.61. And the median was 234.55.

PKSGY's Days Payable is ranked better than
81.48% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs PKSGY: 119.68

Parkson Retail Group's Days Payable increased from Dec. 2022 (110.65) to Dec. 2023 (141.99). It may suggest that Parkson Retail Group delayed paying its suppliers.

Parkson Retail Group Days Payable Historical Data

The historical data trend for Parkson Retail Group'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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Parkson Retail Group Days Payable Chart

Parkson Retail Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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202.31

168.07

142.53

139.67

118.76

Parkson Retail Group Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															110.65	92.18	125.46	131.31	141.99

Competitive Comparison of Parkson Retail Group's Days Payable

For the Department Stores subindustry, Parkson Retail Group'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.

Parkson Retail Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Parkson Retail Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Parkson Retail Group's Days Payable falls into.

Parkson Retail Group 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.

Parkson Retail Group'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
=	( (68.911	+	98.395)	/	2 )	/	257.093	*	365
=	83.653					/	257.093	*	365
=	118.76

Parkson Retail Group'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (84.077	+	98.395)	/	2 )	/	58.634	*	365 / 4
=	91.236					/	58.634	*	365 / 4
=	141.99

Parkson Retail Group Days Payable Related Terms

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Parkson Retail Group (Parkson Retail Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Parkson Retail Group Ltd (OTCPK:PKSGY) » Definitions » Days Payable

Comparable Companies

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03368:Hong Kong

Address

No. 555, Loushanguan Road, 5th Floor, Metro Plaza, Changning District, Shanghai, CHN, 200051

Website

http://www.parksongroup.com.cn

Parkson Retail Group Ltd is engaged in departmental store operations. It manages a diversified collection of retail formats - including department stores, shopping malls, city outlets, supermarkets, and food & beverage outlets. The Group has one major operating segment: Retail. It operates mainly in the PRC.

Parkson Retail Group (Parkson Retail Group) Headlines

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