Shanghai Kai Kai Industry Co (SHSE:600272) Days Payable : 165.60 (As of Mar. 2024)

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What is Shanghai Kai Kai Industry Co Days Payable?

Shanghai Kai Kai Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥347.9 Mil. Shanghai Kai Kai Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥191.7 Mil. Hence, Shanghai Kai Kai Industry Co's Days Payable for the three months ended in Mar. 2024 was 165.60.

The historical rank and industry rank for Shanghai Kai Kai Industry Co's Days Payable or its related term are showing as below:

SHSE:600272' s Days Payable Range Over the Past 10 Years
Min: 65.21 Med: 75.55 Max: 143.68
Current: 114.53

During the past 13 years, Shanghai Kai Kai Industry Co's highest Days Payable was 143.68. The lowest was 65.21. And the median was 75.55.

SHSE:600272's Days Payable is ranked better than
81.05% of 1024 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.345 vs SHSE:600272: 114.53

Shanghai Kai Kai Industry Co's Days Payable increased from Mar. 2023 (108.05) to Mar. 2024 (165.60). It may suggest that Shanghai Kai Kai Industry Co delayed paying its suppliers.

Shanghai Kai Kai Industry Co Days Payable Historical Data

The historical data trend for Shanghai Kai Kai Industry 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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Shanghai Kai Kai Industry Co Days Payable Chart

Shanghai Kai Kai Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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71.76

90.95

107.86

93.93

143.68

Shanghai Kai Kai Industry 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															108.05	99.88	104.83	112.99	165.60

Competitive Comparison of Shanghai Kai Kai Industry Co's Days Payable

For the Apparel Manufacturing subindustry, Shanghai Kai Kai Industry 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.

Shanghai Kai Kai Industry Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanghai Kai Kai Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Kai Kai Industry Co's Days Payable falls into.

Shanghai Kai Kai Industry 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.

Shanghai Kai Kai Industry 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
=	( (209.335	+	367.073)	/	2 )	/	732.158	*	365
=	288.204					/	732.158	*	365
=	143.68

Shanghai Kai Kai Industry 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
=	( (367.073	+	328.776)	/	2 )	/	191.711	*	365 / 4
=	347.9245					/	191.711	*	365 / 4
=	165.60

Shanghai Kai Kai Industry Co Days Payable Related Terms

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Shanghai Kai Kai Industry Co (SHSE:600272) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shanghai Kai Kai Industry Co Ltd (SHSE:600272) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

900943:China

Address

4th Floor, No. 565 Jiangning Road, Shanghai, Shanghai, CHN, 200041

Website

http://www.chinesekk.com

Shanghai Kai Kai Industry Co Ltd is mainly engaged in the production, wholesale and retail of shirts and sweaters, as well as the wholesale and retail of Chinese and Western medicines.

Shanghai Kai Kai Industry Co (SHSE:600272) Headlines

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