Shanghai Fudan Forward S&T Co (SHSE:600624) Days Payable : 43.48 (As of Mar. 2025)

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What is Shanghai Fudan Forward S&T Co Days Payable?

Shanghai Fudan Forward S&T Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥50.6 Mil. Shanghai Fudan Forward S&T Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥106.2 Mil. Hence, Shanghai Fudan Forward S&T Co's Days Payable for the three months ended in Mar. 2025 was 43.48.

The historical rank and industry rank for Shanghai Fudan Forward S&T Co's Days Payable or its related term are showing as below:

SHSE:600624' s Days Payable Range Over the Past 10 Years
Min: 28.97 Med: 112.6 Max: 290.84
Current: 40.03

During the past 13 years, Shanghai Fudan Forward S&T Co's highest Days Payable was 290.84. The lowest was 28.97. And the median was 112.60.

SHSE:600624's Days Payable is ranked worse than
69.62% of 520 companies
in the Conglomerates industry
Industry Median: 59.36 vs SHSE:600624: 40.03

Shanghai Fudan Forward S&T Co's Days Payable declined from Mar. 2024 (62.79) to Mar. 2025 (43.48). It may suggest that Shanghai Fudan Forward S&T Co accelerated paying its suppliers.

Shanghai Fudan Forward S&T Co Days Payable Historical Data

The historical data trend for Shanghai Fudan Forward S&T 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 Fudan Forward S&T Co Days Payable Chart

Shanghai Fudan Forward S&T Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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177.54

97.89

54.79

63.00

56.08

Shanghai Fudan Forward S&T Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															62.79	43.69	35.19	34.80	43.48

Competitive Comparison of Shanghai Fudan Forward S&T Co's Days Payable

For the Conglomerates subindustry, Shanghai Fudan Forward S&T 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 Fudan Forward S&T Co's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Shanghai Fudan Forward S&T Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Fudan Forward S&T Co's Days Payable falls into.

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Shanghai Fudan Forward S&T 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 Fudan Forward S&T Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (73.251	+	54.746)	/	2 )	/	416.511	*	365
=	63.9985					/	416.511	*	365
=	56.08

Shanghai Fudan Forward S&T Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (54.746	+	46.44)	/	2 )	/	106.179	*	365 / 4
=	50.593					/	106.179	*	365 / 4
=	43.48

Shanghai Fudan Forward S&T Co Days Payable Related Terms

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Shanghai Fudan Forward S&T Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Shanghai Fudan Forward S&T Co Ltd (SHSE:600624) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 525 Guoquan Road, Fuhua Technology Building, Shanghai, Shanghai, CHN, 200433

Website

http://www.forwardgroup.com

Shanghai Fudan Forward S&T Co Ltd is a multi-industry, cross-regional, export-oriented and multi-functional comprehensive enterprise integrating domestic and foreign trade, textile new materials, automobile interiors, real estate and other industries.

Executives

Ye Wei Da	senior management
Jiang Guo Xing	Director

Shanghai Fudan Forward S&T Co Headlines

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