Jiajiayue Group Co (SHSE:603708) Days Payable : 71.65 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Jiajiayue Group Co Days Payable?

Jiajiayue Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,095 Mil. Jiajiayue Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,942 Mil. Hence, Jiajiayue Group Co's Days Payable for the three months ended in Mar. 2024 was 71.65.

The historical rank and industry rank for Jiajiayue Group Co's Days Payable or its related term are showing as below:

SHSE:603708' s Days Payable Range Over the Past 10 Years
Min: 72.18 Med: 79.84 Max: 91.33
Current: 79.66

During the past 13 years, Jiajiayue Group Co's highest Days Payable was 91.33. The lowest was 72.18. And the median was 79.84.

SHSE:603708's Days Payable is ranked better than
66.05% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs SHSE:603708: 79.66

Jiajiayue Group Co's Days Payable declined from Mar. 2023 (77.83) to Mar. 2024 (71.65). It may suggest that Jiajiayue Group Co accelerated paying its suppliers.

Jiajiayue Group Co Days Payable Historical Data

The historical data trend for Jiajiayue 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.

* Premium members only.

Jiajiayue Group Co Days Payable Chart

Jiajiayue Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

76.20

80.02

82.48

88.04

91.33

Jiajiayue Group 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															77.83	77.03	72.76	106.47	71.65

Competitive Comparison of Jiajiayue Group Co's Days Payable

For the Department Stores subindustry, Jiajiayue 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.

Jiajiayue Group Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jiajiayue Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiajiayue Group Co's Days Payable falls into.

Jiajiayue 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.

Jiajiayue 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
=	( (3376.876	+	3389.637)	/	2 )	/	13521.83	*	365
=	3383.2565					/	13521.83	*	365
=	91.33

Jiajiayue Group 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
=	( (3389.637	+	2800.17)	/	2 )	/	3941.678	*	365 / 4
=	3094.9035					/	3941.678	*	365 / 4
=	71.65

Jiajiayue Group Co Days Payable Related Terms

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

Jiajiayue Group Co (SHSE:603708) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jiajiayue Group Co Ltd (SHSE:603708) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 53, Daqing Road, Economic and Technological Development Zone, Shandong Province, Weihai, CHN, 264200

Website

http://www.jiajiayue.com.cn

Jiajiayue Group Co Ltd operates in the supermarket chain-based industry. It is principally engaged in the operation of supermarket chains. The company mainly runs general supermarkets and hypermarkets.

Jiajiayue Group Co (SHSE:603708) Headlines

No Headlines