Jiangling Motors (SZSE:200550) Days Payable : 118.50 (As of Mar. 2024)

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What is Jiangling Motors Days Payable?

Jiangling Motors's average Accounts Payable for the three months ended in Mar. 2024 was HK$9,868 Mil. Jiangling Motors's Cost of Goods Sold for the three months ended in Mar. 2024 was HK$7,599 Mil. Hence, Jiangling Motors's Days Payable for the three months ended in Mar. 2024 was 118.50.

The historical rank and industry rank for Jiangling Motors's Days Payable or its related term are showing as below:

SZSE:200550' s Days Payable Range Over the Past 10 Years
Min: 98.95 Med: 119.29 Max: 132.35
Current: 111.63

During the past 13 years, Jiangling Motors's highest Days Payable was 132.35. The lowest was 98.95. And the median was 119.29.

SZSE:200550's Days Payable is ranked better than
75.93% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.81 vs SZSE:200550: 111.63

Jiangling Motors's Days Payable increased from Mar. 2023 (116.05) to Mar. 2024 (118.50). It may suggest that Jiangling Motors delayed paying its suppliers.

Jiangling Motors Days Payable Historical Data

The historical data trend for Jiangling Motors'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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Jiangling Motors Days Payable Chart

Jiangling Motors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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120.04

117.21

117.61

138.96

121.48

Jiangling Motors 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															116.05	116.86	121.71	101.46	118.50

Competitive Comparison of Jiangling Motors's Days Payable

For the Auto Manufacturers subindustry, Jiangling Motors'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.

Jiangling Motors's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangling Motors's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangling Motors's Days Payable falls into.

Jiangling Motors 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.

Jiangling Motors'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
=	( (10068.275	+	10364.884)	/	2 )	/	30697.482	*	365
=	10216.5795					/	30697.482	*	365
=	121.48

Jiangling Motors'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
=	( (10364.884	+	9370.854)	/	2 )	/	7598.616	*	365 / 4
=	9867.869					/	7598.616	*	365 / 4
=	118.50

Jiangling Motors Days Payable Related Terms

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Jiangling Motors (SZSE:200550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangling Motors Corp Ltd (SZSE:200550) » Definitions » Days Payable

Traded in Other Exchanges

000550:China

Address

No. 509, Northern Yingbin Avenue, Jiangxi Province, Nanchang, CHN, 330001

Website

http://www.jmc.com.cn

Jiangling Motors Corp Ltd is an automobile manufacturing company domiciled in China. The company principally manufactures light commercial vehicles such as vans and pickup trucks, heavy commercial vehicles including heavy-duty trucks, sport utility vehicles, engines, castings, and related vehicle components. It derives the vast majority of revenue from commercial vehicles and SUVs. Jiangling Motors produces vehicles under the JMC, Yusheng, and Ford brands. The company earns revenue almost entirely domestically.

Jiangling Motors (SZSE:200550) Headlines

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