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Joyvio Food Co (SZSE:300268) Days Payable : 121.43 (As of Mar. 2024)


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What is Joyvio Food Co Days Payable?

Joyvio Food Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,430 Mil. Joyvio Food Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,074 Mil. Hence, Joyvio Food Co's Days Payable for the three months ended in Mar. 2024 was 121.43.

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

SZSE:300268' s Days Payable Range Over the Past 10 Years
Min: 35.29   Med: 146.57   Max: 1800.21
Current: 141.61

During the past 13 years, Joyvio Food Co's highest Days Payable was 1800.21. The lowest was 35.29. And the median was 146.57.

SZSE:300268's Days Payable is ranked better than
89.14% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.55 vs SZSE:300268: 141.61

Joyvio Food Co's Days Payable declined from Mar. 2023 (139.29) to Mar. 2024 (121.43). It may suggest that Joyvio Food Co accelerated paying its suppliers.


Joyvio Food Co Days Payable Historical Data

The historical data trend for Joyvio Food 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.

Joyvio Food Co Days Payable Chart

Joyvio Food Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.17 119.32 148.60 154.80 144.53

Joyvio Food 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 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 139.29 163.94 158.80 125.31 121.43

Competitive Comparison of Joyvio Food Co's Days Payable

For the Packaged Foods subindustry, Joyvio Food 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.


Joyvio Food Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Joyvio Food Co's Days Payable falls into.



Joyvio Food 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.

Joyvio Food 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
=( (2191.658 + 1570.549) / 2 ) / 4750.491*365
=1881.1035 / 4750.491*365
=144.53

Joyvio Food 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
=( (1570.549 + 1288.675) / 2 ) / 1074.325*365 / 4
=1429.612 / 1074.325*365 / 4
=121.43

* 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.


Joyvio Food Co Days Payable Related Terms

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Joyvio Food Co (SZSE:300268) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Guihua Road, Zuoshi Town, Taoyuan County, Hunan Province, Changde, CHN, 100012
Joyvio Food Co Ltd is engaged in the processing and sale of aquatic products.

Joyvio Food Co (SZSE:300268) Headlines

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