Jason Furniture (Hangzhou) Co (SHSE:603816) Days Payable : 45.99 (As of Sep. 2023)

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What is Jason Furniture (Hangzhou) Co Days Payable?

Jason Furniture (Hangzhou) Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥1,755 Mil. Jason Furniture (Hangzhou) Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥3,483 Mil. Hence, Jason Furniture (Hangzhou) Co's Days Payable for the three months ended in Sep. 2023 was 45.99.

The historical rank and industry rank for Jason Furniture (Hangzhou) Co's Days Payable or its related term are showing as below:

SHSE:603816' s Days Payable Range Over the Past 10 Years
Min: 50.05 Med: 58.59 Max: 69.6
Current: 53.05

During the past 12 years, Jason Furniture (Hangzhou) Co's highest Days Payable was 69.60. The lowest was 50.05. And the median was 58.59.

SHSE:603816's Days Payable is ranked worse than
61.08% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.76 vs SHSE:603816: 53.05

Jason Furniture (Hangzhou) Co's Days Payable declined from Sep. 2022 (47.68) to Sep. 2023 (45.99). It may suggest that Jason Furniture (Hangzhou) Co accelerated paying its suppliers.

Jason Furniture (Hangzhou) Co Days Payable Historical Data

The historical data trend for Jason Furniture (Hangzhou) 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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Jason Furniture (Hangzhou) Co Days Payable Chart

Jason Furniture (Hangzhou) Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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54.22

58.65

58.67

50.05

59.32

Jason Furniture (Hangzhou) 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															47.68	61.48	63.88	46.96	45.99

Competitive Comparison of Jason Furniture (Hangzhou) Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jason Furniture (Hangzhou) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jason Furniture (Hangzhou) Co's Days Payable falls into.

Jason Furniture (Hangzhou) 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.

Jason Furniture (Hangzhou) 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
=	( (2035.316	+	2014.201)	/	2 )	/	12457.453	*	365
=	2024.7585					/	12457.453	*	365
=	59.32

Jason Furniture (Hangzhou) 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
=	( (1754.04	+	1756.315)	/	2 )	/	3482.669	*	365 / 4
=	1755.1775					/	3482.669	*	365 / 4
=	45.99

Jason Furniture (Hangzhou) Co Days Payable Related Terms

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Jason Furniture (Hangzhou) Co (SHSE:603816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Jason Furniture (Hangzhou) Co Ltd (SHSE:603816) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.599-1, Dongning Road, Gujia Building, Jianggan District, Hangzhou, CHN

Website

http://www.kukahome.com

Jason Furniture (Hangzhou) Co Ltd is a China-based company engaged in the home furnishing industry. The group researches, develops, produces and sales home appliances in the living room and bedroom. The product offered by the group includes leather Sofas, Recliner Chairs, Fabric Sofas, Beds, Mattresses, Dining Chairs, Barstools, and others. Geographically, it operates through china however its products are sold in both Chinese and international market.

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