Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Days Payable : 106.40 (As of Mar. 2024)

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What is Fujian Yanjing Huiquan Brewery Co Days Payable?

Fujian Yanjing Huiquan Brewery Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥113.9 Mil. Fujian Yanjing Huiquan Brewery Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥97.7 Mil. Hence, Fujian Yanjing Huiquan Brewery Co's Days Payable for the three months ended in Mar. 2024 was 106.40.

The historical rank and industry rank for Fujian Yanjing Huiquan Brewery Co's Days Payable or its related term are showing as below:

SHSE:600573' s Days Payable Range Over the Past 10 Years
Min: 24.31 Med: 29.51 Max: 121.94
Current: 121.94

During the past 13 years, Fujian Yanjing Huiquan Brewery Co's highest Days Payable was 121.94. The lowest was 24.31. And the median was 29.51.

SHSE:600573's Days Payable is ranked better than
66.83% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 83.005 vs SHSE:600573: 121.94

Fujian Yanjing Huiquan Brewery Co's Days Payable increased from Mar. 2023 (99.60) to Mar. 2024 (106.40). It may suggest that Fujian Yanjing Huiquan Brewery Co delayed paying its suppliers.

Fujian Yanjing Huiquan Brewery Co Days Payable Historical Data

The historical data trend for Fujian Yanjing Huiquan Brewery 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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Fujian Yanjing Huiquan Brewery Co Days Payable Chart

Fujian Yanjing Huiquan Brewery Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.69

24.73

36.71

60.61

79.91

Fujian Yanjing Huiquan Brewery 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															99.60	102.12	101.75	410.76	106.40

Competitive Comparison of Fujian Yanjing Huiquan Brewery Co's Days Payable

For the Beverages - Brewers subindustry, Fujian Yanjing Huiquan Brewery 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.

Fujian Yanjing Huiquan Brewery Co's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fujian Yanjing Huiquan Brewery Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Yanjing Huiquan Brewery Co's Days Payable falls into.

Fujian Yanjing Huiquan Brewery 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.

Fujian Yanjing Huiquan Brewery 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
=	( (93.661	+	95.828)	/	2 )	/	432.778	*	365
=	94.7445					/	432.778	*	365
=	79.91

Fujian Yanjing Huiquan Brewery 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
=	( (95.828	+	131.969)	/	2 )	/	97.677	*	365 / 4
=	113.8985					/	97.677	*	365 / 4
=	106.40

Fujian Yanjing Huiquan Brewery Co Days Payable Related Terms

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Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fujian Yanjing Huiquan Brewery Co Ltd (SHSE:600573) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Fujian 157 Main Street towns, Hui'an County, Quanzhou, Fujian, CHN

Website

http://www.hqbeer.com/

Fujian Yanjing Huiquan Brewery Co Ltd manufactures beer. The company has three facilities for the production of beer. The product portfolio includes - Huiquan Yimai beer, Huiquan small fresh beer, Huiquan pure draft beer, Huiquan European knight beer, and Huiquan bottled canned beer.

Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Headlines

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