Henan Shuanghui Investment & Development Co (SZSE:000895) Days Payable : 24.93 (As of Mar. 2024)

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What is Henan Shuanghui Investment & Development Co Days Payable?

Henan Shuanghui Investment & Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,144 Mil. Henan Shuanghui Investment & Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥11,505 Mil. Hence, Henan Shuanghui Investment & Development Co's Days Payable for the three months ended in Mar. 2024 was 24.93.

The historical rank and industry rank for Henan Shuanghui Investment & Development Co's Days Payable or its related term are showing as below:

SZSE:000895' s Days Payable Range Over the Past 10 Years
Min: 12.46 Med: 19.32 Max: 29.3
Current: 23.15

During the past 13 years, Henan Shuanghui Investment & Development Co's highest Days Payable was 29.30. The lowest was 12.46. And the median was 19.32.

SZSE:000895's Days Payable is ranked worse than
82.34% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs SZSE:000895: 23.15

Henan Shuanghui Investment & Development Co's Days Payable increased from Mar. 2023 (24.06) to Mar. 2024 (24.93). It may suggest that Henan Shuanghui Investment & Development Co delayed paying its suppliers.

Henan Shuanghui Investment & Development Co Days Payable Historical Data

The historical data trend for Henan Shuanghui Investment & Development 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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Henan Shuanghui Investment & Development Co Days Payable Chart

Henan Shuanghui Investment & Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.74

14.08

12.46

21.14

28.09

Henan Shuanghui Investment & Development 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															24.06	22.57	21.59	26.25	24.93

Competitive Comparison of Henan Shuanghui Investment & Development Co's Days Payable

For the Packaged Foods subindustry, Henan Shuanghui Investment & Development 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.

Henan Shuanghui Investment & Development Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Henan Shuanghui Investment & Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Henan Shuanghui Investment & Development Co's Days Payable falls into.

Henan Shuanghui Investment & Development 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.

Henan Shuanghui Investment & Development 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
=	( (3918.612	+	3735.597)	/	2 )	/	49724.074	*	365
=	3827.1045					/	49724.074	*	365
=	28.09

Henan Shuanghui Investment & Development 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
=	( (3735.597	+	2551.517)	/	2 )	/	11505.403	*	365 / 4
=	3143.557					/	11505.403	*	365 / 4
=	24.93

Henan Shuanghui Investment & Development Co Days Payable Related Terms

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Henan Shuanghui Investment & Development Co (SZSE:000895) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Henan Shuanghui Investment & Development Co Ltd (SZSE:000895) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1 Shuanghui Road, Shuanghui Tower, Henan Province, Luohe, CHN, 462000

Website

http://www.shuanghui.net

Henan Shuanghui Investment & Development Co Ltd is a China-based meat processing company. It is principally engaged in the business of slaughtering, meat food, and food processing, packaging, processing of egg products and aquatic products.

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