Shanghai Flyco Electrical Appliance Co (SHSE:603868) Days Payable : 82.81 (As of Dec. 2023)

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What is Shanghai Flyco Electrical Appliance Co Days Payable?

Shanghai Flyco Electrical Appliance Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥437 Mil. Shanghai Flyco Electrical Appliance Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥482 Mil. Hence, Shanghai Flyco Electrical Appliance Co's Days Payable for the three months ended in Dec. 2023 was 82.81.

The historical rank and industry rank for Shanghai Flyco Electrical Appliance Co's Days Payable or its related term are showing as below:

SHSE:603868' s Days Payable Range Over the Past 10 Years
Min: 71.73 Med: 95.34 Max: 127.22
Current: 71.73

During the past 13 years, Shanghai Flyco Electrical Appliance Co's highest Days Payable was 127.22. The lowest was 71.73. And the median was 95.34.

SHSE:603868's Days Payable is ranked better than
71.66% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs SHSE:603868: 71.73

Shanghai Flyco Electrical Appliance Co's Days Payable declined from Dec. 2022 (107.37) to Dec. 2023 (82.81). It may suggest that Shanghai Flyco Electrical Appliance Co accelerated paying its suppliers.

Shanghai Flyco Electrical Appliance Co Days Payable Historical Data

The historical data trend for Shanghai Flyco Electrical Appliance 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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Shanghai Flyco Electrical Appliance Co Days Payable Chart

Shanghai Flyco Electrical Appliance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

123.15

127.22

118.64

99.17

80.46

Shanghai Flyco Electrical Appliance Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															107.37	64.91	65.36	67.03	82.81

Competitive Comparison of Shanghai Flyco Electrical Appliance Co's Days Payable

For the Household & Personal Products subindustry, Shanghai Flyco Electrical Appliance 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.

Shanghai Flyco Electrical Appliance Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shanghai Flyco Electrical Appliance Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Flyco Electrical Appliance Co's Days Payable falls into.

Shanghai Flyco Electrical Appliance 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.

Shanghai Flyco Electrical Appliance 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
=	( (510.484	+	446.532)	/	2 )	/	2170.682	*	365
=	478.508					/	2170.682	*	365
=	80.46

Shanghai Flyco Electrical Appliance Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (427.837	+	446.532)	/	2 )	/	481.73	*	365 / 4
=	437.1845					/	481.73	*	365 / 4
=	82.81

Shanghai Flyco Electrical Appliance Co Days Payable Related Terms

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Shanghai Flyco Electrical Appliance Co (SHSE:603868) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shanghai Flyco Electrical Appliance Co Ltd (SHSE:603868) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 555, Guangfulin East Road, Songjiang District, Shanghai, CHN, 201603

Website

http://www.flyco.com

Shanghai Flyco Electrical Appliance Co Ltd is a China-based company engaged in the manufacturing and marketing of shaver and personal care electrical appliances. Its product portfolio comprises of the shaver, hair drier, hair clipper, hair straightener, hair curler, electric iron, garment steamer, lint remover, nose hair trimmer, robot vacuum cleaner and others. The company's products are sold in China and other countries.

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