Fujian Sbs Zipper Science & Technology Co (SZSE:002098) Days Payable : 52.76 (As of Sep. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Fujian Sbs Zipper Science & Technology Co Days Payable?

Fujian Sbs Zipper Science & Technology Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥193 Mil. Fujian Sbs Zipper Science & Technology Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥334 Mil. Hence, Fujian Sbs Zipper Science & Technology Co's Days Payable for the three months ended in Sep. 2023 was 52.76.

The historical rank and industry rank for Fujian Sbs Zipper Science & Technology Co's Days Payable or its related term are showing as below:

SZSE:002098' s Days Payable Range Over the Past 10 Years
Min: 39.27 Med: 49.5 Max: 62.83
Current: 47.71

During the past 13 years, Fujian Sbs Zipper Science & Technology Co's highest Days Payable was 62.83. The lowest was 39.27. And the median was 49.50.

SZSE:002098's Days Payable is ranked worse than
58.34% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.52 vs SZSE:002098: 47.71

Fujian Sbs Zipper Science & Technology Co's Days Payable declined from Sep. 2022 (54.93) to Sep. 2023 (52.76). It may suggest that Fujian Sbs Zipper Science & Technology Co accelerated paying its suppliers.

Fujian Sbs Zipper Science & Technology Co Days Payable Historical Data

The historical data trend for Fujian Sbs Zipper Science & Technology 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.

* Premium members only.

Fujian Sbs Zipper Science & Technology Co Days Payable Chart

Fujian Sbs Zipper Science & Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

60.14

48.95

55.03

50.04

50.84

Fujian Sbs Zipper Science & Technology 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															54.93	36.81	54.77	44.49	52.76

Competitive Comparison of Fujian Sbs Zipper Science & Technology Co's Days Payable

For the Apparel Manufacturing subindustry, Fujian Sbs Zipper Science & Technology 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.

Fujian Sbs Zipper Science & Technology Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fujian Sbs Zipper Science & Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Sbs Zipper Science & Technology Co's Days Payable falls into.

Fujian Sbs Zipper Science & Technology 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.

Fujian Sbs Zipper Science & Technology 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
=	( (257.355	+	152.269)	/	2 )	/	1470.379	*	365
=	204.812					/	1470.379	*	365
=	50.84

Fujian Sbs Zipper Science & Technology 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
=	( (175.427	+	211.011)	/	2 )	/	334.178	*	365 / 4
=	193.219					/	334.178	*	365 / 4
=	52.76

Fujian Sbs Zipper Science & Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Fujian Sbs Zipper Science & Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Fujian Sbs Zipper Science & Technology Co (SZSE:002098) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fujian Sbs Zipper Science & Technology Co Ltd (SZSE:002098) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wu Lou Gou Dong Industrial Zone, Shenhu, Jinjiang, Fujian, CHN, 362246

Website

http://www.sbszipper.com.cn

Fujian Sbs Zipper Science & Technology Co Ltd is engaged in the research, design, manufacturing, supply chain integration and marketing of reliable and fashionable zippers. It supplies a variety of zipper/button products and accessories, which are mainly composed of the nylon zippers, plastic zippers, metal zippers, sliders and pullers, long chains, snap buttons, prong snap buttons, jeans buttons, rivets, eyelets, along with the precision molds and metal and plastic pressing castings.

Fujian Sbs Zipper Science & Technology Co (SZSE:002098) Headlines

No Headlines