Shanghai Phoenix Enterprise (Group) Co (SHSE:600679) Days Payable : 86.67 (As of Mar. 2025)

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What is Shanghai Phoenix Enterprise (Group) Co Days Payable?

Shanghai Phoenix Enterprise (Group) Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥521 Mil. Shanghai Phoenix Enterprise (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥548 Mil. Hence, Shanghai Phoenix Enterprise (Group) Co's Days Payable for the three months ended in Mar. 2025 was 86.67.

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

SHSE:600679' s Days Payable Range Over the Past 10 Years
Min: 36.89 Med: 78.4 Max: 106.72
Current: 97.05

During the past 13 years, Shanghai Phoenix Enterprise (Group) Co's highest Days Payable was 106.72. The lowest was 36.89. And the median was 78.40.

SHSE:600679's Days Payable is ranked better than
65.27% of 766 companies
in the Travel & Leisure industry
Industry Median: 62.74 vs SHSE:600679: 97.05

Shanghai Phoenix Enterprise (Group) Co's Days Payable increased from Mar. 2024 (82.55) to Mar. 2025 (86.67). It may suggest that Shanghai Phoenix Enterprise (Group) Co delayed paying its suppliers.

Shanghai Phoenix Enterprise (Group) Co Days Payable Historical Data

The historical data trend for Shanghai Phoenix Enterprise (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 Phoenix Enterprise (Group) Co Days Payable Chart

Shanghai Phoenix Enterprise (Group) Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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71.19

77.45

106.72

96.16

89.44

Shanghai Phoenix Enterprise (Group) 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															82.55	89.31	88.25	142.09	86.67

Competitive Comparison of Shanghai Phoenix Enterprise (Group) Co's Days Payable

For the Leisure subindustry, Shanghai Phoenix Enterprise (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 Phoenix Enterprise (Group) Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shanghai Phoenix Enterprise (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Phoenix Enterprise (Group) Co's Days Payable falls into.

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Shanghai Phoenix Enterprise (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 Phoenix Enterprise (Group) 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
=	( (401.628	+	535.599)	/	2 )	/	1912.34	*	365
=	468.6135					/	1912.34	*	365
=	89.44

Shanghai Phoenix Enterprise (Group) 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
=	( (535.599	+	505.775)	/	2 )	/	548.19	*	365 / 4
=	520.687					/	548.19	*	365 / 4
=	86.67

Shanghai Phoenix Enterprise (Group) Co Days Payable Related Terms

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Shanghai Phoenix Enterprise (Group) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shanghai Phoenix Enterprise (Group) Co Ltd (SHSE:600679) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

900916:China

Address

Fuquan North Road, Block 6, No. 518, Changning District, Shanghai, CHN

Website

http://www.phoenix.com.cn

Shanghai Phoenix Enterprise (Group) Co Ltd designs, develops, manufactures, and sells bicycles under the Phoenix brand name in China. Its production and sales of Phoenix brand bicycle products not only exported to Europe and the United States and other international markets. It is a well-known and best-selling product in China.

Executives

Wang Guo Bao

Director

Shanghai Phoenix Enterprise (Group) Co Headlines

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