Nanjing Xinjiekou Department Store Co (SHSE:600682) Days Payable : 91.00 (As of Sep. 2023)

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What is Nanjing Xinjiekou Department Store Co Days Payable?

Nanjing Xinjiekou Department Store Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥865 Mil. Nanjing Xinjiekou Department Store Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥868 Mil. Hence, Nanjing Xinjiekou Department Store Co's Days Payable for the three months ended in Sep. 2023 was 91.00.

The historical rank and industry rank for Nanjing Xinjiekou Department Store Co's Days Payable or its related term are showing as below:

SHSE:600682' s Days Payable Range Over the Past 10 Years
Min: 43.85 Med: 92.35 Max: 107.31
Current: 91.64

During the past 13 years, Nanjing Xinjiekou Department Store Co's highest Days Payable was 107.31. The lowest was 43.85. And the median was 92.35.

SHSE:600682's Days Payable is ranked better than
71.8% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.94 vs SHSE:600682: 91.64

Nanjing Xinjiekou Department Store Co's Days Payable declined from Sep. 2022 (95.91) to Sep. 2023 (91.00). It may suggest that Nanjing Xinjiekou Department Store Co accelerated paying its suppliers.

Nanjing Xinjiekou Department Store Co Days Payable Historical Data

The historical data trend for Nanjing Xinjiekou Department Store 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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Nanjing Xinjiekou Department Store Co Days Payable Chart

Nanjing Xinjiekou Department Store Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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89.73

65.64

94.10

101.75

107.31

Nanjing Xinjiekou Department Store Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															95.91	86.45	101.12	91.01	91.00

Competitive Comparison of Nanjing Xinjiekou Department Store Co's Days Payable

For the Department Stores subindustry, Nanjing Xinjiekou Department Store 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.

Nanjing Xinjiekou Department Store Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nanjing Xinjiekou Department Store Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanjing Xinjiekou Department Store Co's Days Payable falls into.

Nanjing Xinjiekou Department Store 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.

Nanjing Xinjiekou Department Store Co's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1018.903	+	894.441)	/	2 )	/	3254.084	*	365
=	956.672					/	3254.084	*	365
=	107.31

Nanjing Xinjiekou Department Store Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (855.74	+	874.638)	/	2 )	/	867.591	*	365 / 4
=	865.189					/	867.591	*	365 / 4
=	91.00

Nanjing Xinjiekou Department Store Co Days Payable Related Terms

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Nanjing Xinjiekou Department Store Co (SHSE:600682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nanjing Xinjiekou Department Store Co Ltd (SHSE:600682) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1 Zhongshan South Road, Qinhuai District, Jiangsu District, Nanjing, CHN, 210005

Website

http://www.njxb.com

Nanjing Xinjiekou Department Store Co Ltd operates a large-scale and established set of retail and department stores. The company is engaged in pre-packaged food, bulk food, health food, hot and cold beverage sales; Chinese food production and sales; audiovisual products, cigarettes, cigars, cut tobacco, and confiscated foreign tobacco products retail.

Nanjing Xinjiekou Department Store Co (SHSE:600682) Headlines

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