Hebei Yangyuan Zhihui Beverage Co (SHSE:603156) Days Payable : 80.84 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Hebei Yangyuan Zhihui Beverage Co Days Payable?

Hebei Yangyuan Zhihui Beverage Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,084 Mil. Hebei Yangyuan Zhihui Beverage Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,223 Mil. Hence, Hebei Yangyuan Zhihui Beverage Co's Days Payable for the three months ended in Mar. 2024 was 80.84.

The historical rank and industry rank for Hebei Yangyuan Zhihui Beverage Co's Days Payable or its related term are showing as below:

SHSE:603156' s Days Payable Range Over the Past 10 Years
Min: 33.86 Med: 58.18 Max: 92.86
Current: 90.61

During the past 13 years, Hebei Yangyuan Zhihui Beverage Co's highest Days Payable was 92.86. The lowest was 33.86. And the median was 58.18.

SHSE:603156's Days Payable is ranked better than
68.81% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 59.67 vs SHSE:603156: 90.61

Hebei Yangyuan Zhihui Beverage Co's Days Payable increased from Mar. 2023 (79.52) to Mar. 2024 (80.84). It may suggest that Hebei Yangyuan Zhihui Beverage Co delayed paying its suppliers.

Hebei Yangyuan Zhihui Beverage Co Days Payable Historical Data

The historical data trend for Hebei Yangyuan Zhihui Beverage 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.

* Premium members only.

Hebei Yangyuan Zhihui Beverage Co Days Payable Chart

Hebei Yangyuan Zhihui Beverage Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

56.27

92.86

71.56

91.97

112.15

Hebei Yangyuan Zhihui Beverage 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															79.52	222.59	99.37	109.73	80.84

Competitive Comparison of Hebei Yangyuan Zhihui Beverage Co's Days Payable

For the Beverages - Non-Alcoholic subindustry, Hebei Yangyuan Zhihui Beverage 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.

Hebei Yangyuan Zhihui Beverage Co's Days Payable Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hebei Yangyuan Zhihui Beverage Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hebei Yangyuan Zhihui Beverage Co's Days Payable falls into.

Hebei Yangyuan Zhihui Beverage 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.

Hebei Yangyuan Zhihui Beverage 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
=	( (857.132	+	1198.545)	/	2 )	/	3345.024	*	365
=	1027.8385					/	3345.024	*	365
=	112.15

Hebei Yangyuan Zhihui Beverage 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
=	( (1198.545	+	969.225)	/	2 )	/	1223.407	*	365 / 4
=	1083.885					/	1223.407	*	365 / 4
=	80.84

Hebei Yangyuan Zhihui Beverage Co Days Payable Related Terms

Thank you for viewing the detailed overview of Hebei Yangyuan Zhihui Beverage Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hebei Yangyuan Zhihui Beverage Co (SHSE:603156) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Hebei Yangyuan Zhihui Beverage Co Ltd (SHSE:603156) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hebei Hengshui Economic Development Zone, New District, North Road, Hengshui, CHN, 053000

Website

http://www.hbyangyuan.com

Hebei Yangyuan Zhihui Beverage Co Ltd is a China-based company engaged in manufacturing walnut drink with over 1 millon tons of production capacity. The company incorporates various R&D initiatives to manufacture the drink along with the production and sale of the walnut drink. The processing plants through which the drink is manufactured are located across China in Hengshui, Hebei, Luohe in Henan, Chuzhou in Anhui, Jianyang in Jianyang and Yingtan in Jiangxi.

Hebei Yangyuan Zhihui Beverage Co (SHSE:603156) Headlines

No Headlines