Shanghai Yuyuan Tourist Mart (Group) Co (SHSE:600655) Days Payable : 55.68 (As of Dec. 2023)

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What is Shanghai Yuyuan Tourist Mart (Group) Co Days Payable?

Shanghai Yuyuan Tourist Mart (Group) Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥9,605 Mil. Shanghai Yuyuan Tourist Mart (Group) Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥15,740 Mil. Hence, Shanghai Yuyuan Tourist Mart (Group) Co's Days Payable for the three months ended in Dec. 2023 was 55.68.

The historical rank and industry rank for Shanghai Yuyuan Tourist Mart (Group) Co's Days Payable or its related term are showing as below:

SHSE:600655' s Days Payable Range Over the Past 10 Years
Min: 6.53 Med: 59.04 Max: 79.54
Current: 64.65

During the past 13 years, Shanghai Yuyuan Tourist Mart (Group) Co's highest Days Payable was 79.54. The lowest was 6.53. And the median was 59.04.

SHSE:600655's Days Payable is ranked better than
55.56% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs SHSE:600655: 64.65

Shanghai Yuyuan Tourist Mart (Group) Co's Days Payable declined from Dec. 2022 (56.77) to Dec. 2023 (55.68). It may suggest that Shanghai Yuyuan Tourist Mart (Group) Co accelerated paying its suppliers.

Shanghai Yuyuan Tourist Mart (Group) Co Days Payable Historical Data

The historical data trend for Shanghai Yuyuan Tourist Mart (Group) 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 Yuyuan Tourist Mart (Group) Co Days Payable Chart

Shanghai Yuyuan Tourist Mart (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.50

78.47

79.54

77.52

67.49

Shanghai Yuyuan Tourist Mart (Group) Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															56.77	58.42	71.49	75.59	55.68

Competitive Comparison of Shanghai Yuyuan Tourist Mart (Group) Co's Days Payable

For the Department Stores subindustry, Shanghai Yuyuan Tourist Mart (Group) 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 Yuyuan Tourist Mart (Group) Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanghai Yuyuan Tourist Mart (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Yuyuan Tourist Mart (Group) Co's Days Payable falls into.

Shanghai Yuyuan Tourist Mart (Group) 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 Yuyuan Tourist Mart (Group) 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
=	( (8333.11	+	10135.708)	/	2 )	/	49940.581	*	365
=	9234.409					/	49940.581	*	365
=	67.49

Shanghai Yuyuan Tourist Mart (Group) Co'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
=	( (9074.43	+	10135.708)	/	2 )	/	15739.714	*	365 / 4
=	9605.069					/	15739.714	*	365 / 4
=	55.68

Shanghai Yuyuan Tourist Mart (Group) Co Days Payable Related Terms

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Shanghai Yuyuan Tourist Mart (Group) Co (SHSE:600655) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shanghai Yuyuan Tourist Mart (Group) Co Ltd (SHSE:600655) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

2 Fuxing East Road, Shanghai, CHN, 200010

Website

http://www.yuyuantm.com.cn

Shanghai Yuyuan Tourist Mart Co Ltd is a retailing conglomerate in China. It operates in business sectors such as gold and jewelry, catering, medicine, goods, food, real estate, import and export, financing and investment.

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