Shenzhen Baixinglong Creative Packaging Co (BJSE:833075) Days Payable : 90.66 (As of Sep. 2024)

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What is Shenzhen Baixinglong Creative Packaging Co Days Payable?

Shenzhen Baixinglong Creative Packaging Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥113.0 Mil. Shenzhen Baixinglong Creative Packaging Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥113.7 Mil. Hence, Shenzhen Baixinglong Creative Packaging Co's Days Payable for the three months ended in Sep. 2024 was 90.66.

The historical rank and industry rank for Shenzhen Baixinglong Creative Packaging Co's Days Payable or its related term are showing as below:

BJSE:833075' s Days Payable Range Over the Past 10 Years
Min: 95.98 Med: 128.33 Max: 155.38
Current: 103.12

During the past 11 years, Shenzhen Baixinglong Creative Packaging Co's highest Days Payable was 155.38. The lowest was 95.98. And the median was 128.33.

BJSE:833075's Days Payable is ranked better than
79.37% of 383 companies
in the Packaging & Containers industry
Industry Median: 58.44 vs BJSE:833075: 103.12

Shenzhen Baixinglong Creative Packaging Co's Days Payable increased from Sep. 2023 (87.67) to Sep. 2024 (90.66). It may suggest that Shenzhen Baixinglong Creative Packaging Co delayed paying its suppliers.

Shenzhen Baixinglong Creative Packaging Co Days Payable Historical Data

The historical data trend for Shenzhen Baixinglong Creative Packaging 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.

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Shenzhen Baixinglong Creative Packaging Co Days Payable Chart

Shenzhen Baixinglong Creative Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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108.86

148.78

101.77

108.82

135.58

Shenzhen Baixinglong Creative Packaging Co Quarterly Data
	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															87.67	99.29	126.04	120.70	90.66

Competitive Comparison of Shenzhen Baixinglong Creative Packaging Co's Days Payable

For the Packaging & Containers subindustry, Shenzhen Baixinglong Creative Packaging 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.

Shenzhen Baixinglong Creative Packaging Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Shenzhen Baixinglong Creative Packaging Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Baixinglong Creative Packaging Co's Days Payable falls into.

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Shenzhen Baixinglong Creative Packaging 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.

Shenzhen Baixinglong Creative Packaging 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
=	( (97.778	+	165.997)	/	2 )	/	355.047	*	365
=	131.8875					/	355.047	*	365
=	135.58

Shenzhen Baixinglong Creative Packaging Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (116.947	+	108.99)	/	2 )	/	113.703	*	365 / 4
=	112.9685					/	113.703	*	365 / 4
=	90.66

Shenzhen Baixinglong Creative Packaging Co Days Payable Related Terms

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Shenzhen Baixinglong Creative Packaging Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Shenzhen Baixinglong Creative Packaging Co Ltd (BJSE:833075) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 112, Qingshuihe 1st Road, Qingshuihe Community, Qingshuihe Street, Floor 601 and Building 11, Podium Building, Luohu Investment Holding Building, Luohu District, Guangdong, Shenzhen, CHN, 518023

Website

https://www.szbxl.com

Shenzhen Baixinglong Creative Packaging Co Ltd engages in the production and sales of packaging for wine, cosmetics, tea, food, and other consumer goods, and provides creative design services. It provides enterprises with a series of services such as locking the target audience of customer brands, product name selection, market positioning, product core culture refinement, product brand image construction, and appearance image design.

Shenzhen Baixinglong Creative Packaging Co Headlines

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