Oppein Home Group (SHSE:603833) Days Payable

: 38.07 (As of Sep. 2023)

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Oppein Home Group's average Accounts Payable for the three months ended in Sep. 2023 was ¥1,749 Mil. Oppein Home Group's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥4,193 Mil. Hence, Oppein Home Group's Days Payable for the three months ended in Sep. 2023 was 38.07.

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

SHSE:603833' s Days Payable Range Over the Past 10 Years
Min: 37.31 Med: 44.63 Max: 50.83
Current: 41.18

During the past 12 years, Oppein Home Group's highest Days Payable was 50.83. The lowest was 37.31. And the median was 44.63.

SHSE:603833's Days Payable is ranked worse than
75.56% of 405 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.77 vs SHSE:603833: 41.18

Oppein Home Group's Days Payable increased from Sep. 2022 (32.78) to Sep. 2023 (38.07). It may suggest that Oppein Home Group delayed paying its suppliers.

Oppein Home Group Days Payable Historical Data

The historical data trend for Oppein Home Group'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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Oppein Home Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

40.16

38.19

44.79

45.91

49.11

Oppein Home Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable																32.78	37.39	61.82	35.60	38.07

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Oppein Home Group'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.

Oppein Home Group Days Payable Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Oppein Home Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Oppein Home Group's Days Payable falls into.

Oppein Home Group 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.

Oppein Home Group'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
=	( (2158.201	+	1979.109)	/	2 )	/	15374.184	*	365
=	2068.655					/	15374.184	*	365
=	49.11

Oppein Home Group'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
=	( (1648.972	+	1849.184)	/	2 )	/	4192.836	*	365 / 4
=	1749.078					/	4192.836	*	365 / 4
=	38.07

Oppein Home Group Days Payable Related Terms

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Oppein Home Group (SHSE:603833) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Oppein Home Group Inc (SHSE:603833) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.366, Guanghua 3rd Road, Baiyun District, Guangdong Province, Guangzhou, CHN, 510450

Website

http://www.oppein.com

Oppein Home Group Inc is a furniture manufacturing company. Its products include wooden, plastic, bamboo, and all other types of furniture.

Oppein Home Group (SHSE:603833) Headlines

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