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Muyuan Foods Co (SZSE:002714) Days Payable : 66.35 (As of Sep. 2023)


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What is Muyuan Foods Co Days Payable?

Muyuan Foods Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥20,357 Mil. Muyuan Foods Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥27,997 Mil. Hence, Muyuan Foods Co's Days Payable for the three months ended in Sep. 2023 was 66.35.

The historical rank and industry rank for Muyuan Foods Co's Days Payable or its related term are showing as below:

SZSE:002714' s Days Payable Range Over the Past 10 Years
Min: 29.26   Med: 103.41   Max: 206.38
Current: 84.46

During the past 13 years, Muyuan Foods Co's highest Days Payable was 206.38. The lowest was 29.26. And the median was 103.41.

SZSE:002714's Days Payable is ranked better than
77.47% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 45.62 vs SZSE:002714: 84.46

Muyuan Foods Co's Days Payable declined from Sep. 2022 (120.70) to Sep. 2023 (66.35). It may suggest that Muyuan Foods Co accelerated paying its suppliers.


Muyuan Foods Co Days Payable Historical Data

The historical data trend for Muyuan Foods 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.

Muyuan Foods Co Days Payable Chart

Muyuan Foods Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.31 167.96 206.38 147.92 115.21

Muyuan Foods 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 120.70 94.32 101.34 75.11 66.35

Competitive Comparison of Muyuan Foods Co's Days Payable

For the Farm Products subindustry, Muyuan Foods 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.


Muyuan Foods Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Muyuan Foods Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Muyuan Foods Co's Days Payable falls into.



Muyuan Foods 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.

Muyuan Foods 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
=( (36668.913 + 28343.257) / 2 ) / 102987.059*365
=32506.085 / 102987.059*365
=115.21

Muyuan Foods 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
=( (20695.717 + 20018.943) / 2 ) / 27997.283*365 / 4
=20357.33 / 27997.283*365 / 4
=66.35

* 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.


Muyuan Foods Co Days Payable Related Terms

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Muyuan Foods Co (SZSE:002714) Business Description

Traded in Other Exchanges
N/A
Address
Longsheng Industrial Park, Wolong District, Nanyang, CHN, 473000
Muyuan Foods is the largest hog producer in China and operates an integrated model, stretching from feed processing, swine medicine development, and sow breeding, to hog raising and slaughtering. The company derives over 80% of its sales from hog production and has increased its exposure to hog processing in recent years. In recent years, feed processing has also taken up a mid-single-digit percentage of sales. Muyuan's hog output has increased 46 times between 2013 and 2022.

Muyuan Foods Co (SZSE:002714) Headlines

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