Shenzhou International Group Holdings (Shenzhou International Group Holdings) Days Payable : 20.53 (As of Dec. 2023)

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What is Shenzhou International Group Holdings Days Payable?

Shenzhou International Group Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $157 Mil. Shenzhou International Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,393 Mil. Hence, Shenzhou International Group Holdings's Days Payable for the six months ended in Dec. 2023 was 20.53.

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

SHZHY' s Days Payable Range Over the Past 10 Years
Min: 19.77 Med: 21.84 Max: 26.61
Current: 20.53

During the past 13 years, Shenzhou International Group Holdings's highest Days Payable was 26.61. The lowest was 19.77. And the median was 21.84.

SHZHY's Days Payable is ranked worse than
85.46% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.52 vs SHZHY: 20.53

Shenzhou International Group Holdings's Days Payable increased from Dec. 2022 (19.54) to Dec. 2023 (20.53). It may suggest that Shenzhou International Group Holdings delayed paying its suppliers.

Shenzhou International Group Holdings Days Payable Historical Data

The historical data trend for Shenzhou International Group Holdings'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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Shenzhou International Group Holdings Days Payable Chart

Shenzhou International Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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19.75

21.68

24.45

20.64

20.77

Shenzhou International Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															22.93	24.71	19.54	20.34	20.53

Competitive Comparison of Shenzhou International Group Holdings's Days Payable

For the Textile Manufacturing subindustry, Shenzhou International Group Holdings'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.

Shenzhou International Group Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shenzhou International Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhou International Group Holdings's Days Payable falls into.

Shenzhou International Group Holdings 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.

Shenzhou International Group Holdings'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
=	( (133.625	+	167.812)	/	2 )	/	2648.374	*	365
=	150.7185					/	2648.374	*	365
=	20.77

Shenzhou International Group Holdings'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (145.49	+	167.812)	/	2 )	/	1392.518	*	365 / 2
=	156.651					/	1392.518	*	365 / 2
=	20.53

Shenzhou International Group Holdings Days Payable Related Terms

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Shenzhou International Group Holdings (Shenzhou International Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shenzhou International Group Holdings Ltd (OTCPK:SHZHY) » Definitions » Days Payable

Traded in Other Exchanges

SZHIF:USA 02313:Hong Kong S6L:Germany

Address

18 Yongjiang Road, Ningbo Economic and Technical Development Zone, Zhejiang Province, Ningbo, CHN

Website

http://www.shenzhouintl.com

Shenzhou is the largest vertically integrated knitwear manufacturer in the world. The group mainly produces sportswear (74% of 2021 revenue), casual wear (20% of 2021 revenue), and lingerie (4% of 2021 revenue) for international clients such as Nike, Adidas, Puma, and Uniqlo. Mainland China is the company's largest market, accounting for 32% of sales in 2021. This is followed by Europe, the U.S. and Japan. Shenzhou currently operates manufacturing plants in China, Cambodia, and Vietnam.

Shenzhou International Group Holdings (Shenzhou International Group Holdings) Headlines

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