Henan Qiule Seeds Technology Co (BJSE:831087) Days Payable : 134.49 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Henan Qiule Seeds Technology Co Days Payable?

Henan Qiule Seeds Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥37.4 Mil. Henan Qiule Seeds Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥25.4 Mil. Hence, Henan Qiule Seeds Technology Co's Days Payable for the three months ended in Mar. 2024 was 134.49.

The historical rank and industry rank for Henan Qiule Seeds Technology Co's Days Payable or its related term are showing as below:

BJSE:831087' s Days Payable Range Over the Past 10 Years
Min: 40.75 Med: 48.76 Max: 90.78
Current: 41.53

During the past 12 years, Henan Qiule Seeds Technology Co's highest Days Payable was 90.78. The lowest was 40.75. And the median was 48.76.

BJSE:831087's Days Payable is ranked worse than
70.76% of 236 companies
in the Agriculture industry
Industry Median: 75.02 vs BJSE:831087: 41.53

Henan Qiule Seeds Technology Co's Days Payable increased from Mar. 2023 (81.91) to Mar. 2024 (134.49). It may suggest that Henan Qiule Seeds Technology Co delayed paying its suppliers.

Henan Qiule Seeds Technology Co Days Payable Historical Data

The historical data trend for Henan Qiule Seeds 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.

Henan Qiule Seeds Technology Co Days Payable Chart

Henan Qiule Seeds Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

45.35

51.94

45.57

45.45

40.75

Henan Qiule Seeds Technology Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															81.91	63.78	47.55	26.17	134.49

Competitive Comparison of Henan Qiule Seeds Technology Co's Days Payable

For the Agricultural Inputs subindustry, Henan Qiule Seeds 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.

Henan Qiule Seeds Technology Co's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Henan Qiule Seeds Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Henan Qiule Seeds Technology Co's Days Payable falls into.

Henan Qiule Seeds 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.

Henan Qiule Seeds Technology 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
=	( (39.857	+	41.15)	/	2 )	/	362.787	*	365
=	40.5035					/	362.787	*	365
=	40.75

Henan Qiule Seeds Technology 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
=	( (41.15	+	33.612)	/	2 )	/	25.363	*	365 / 4
=	37.381					/	25.363	*	365 / 4
=	134.49

Henan Qiule Seeds Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Henan Qiule Seeds Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Henan Qiule Seeds Technology Co (BJSE:831087) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Henan Qiule Seeds Technology Co Ltd (BJSE:831087) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Nongye Road, Jinshui District, Henan Province, Zhengzhou City, CHN, 450001

Website

http://www.qiule.cn

Henan Qiule Seeds Technology Co Ltd engages in breeding, multiplication, processing, promotion, sales, and technical services of corn seeds, wheat seeds, peanut seeds, and other crop seeds.

Henan Qiule Seeds Technology Co (BJSE:831087) Headlines

No Headlines