ECXJ (CXJ Group Co) Days Payable: 85.24 (As of Feb. 2011)

What is CXJ Group Co Days Payable?

CXJ Group Co ECXJ -16.67% Days Payable is 85.24 as of Feb. 2011.

CXJ Group Co's average Accounts Payable for the three months ended in Feb. 2011 was $0.80 Mil. CXJ Group Co's Cost of Goods Sold for the three months ended in Feb. 2011 was $0.86 Mil. Hence, CXJ Group Co's Days Payable for the three months ended in Feb. 2011 was 85.24.

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

ECXJ's Days Payable is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 51.625
* Ranked among companies with meaningful Days Payable only.

CXJ Group Co's Days Payable declined from Feb. 2010 (106.23) to Feb. 2011 (85.24). It may suggest that CXJ Group Co accelerated paying its suppliers.

CXJ Group Co Days Payable Related Terms

CXJ Group Co Days Payable Historical Data

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The historical data trend for CXJ Group 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.

CXJ Group Co Days Payable Chart

CXJ Group Co Annual Data

Trend

May03

May04

May05

May06

May07

May08

May09

May10

Days Payable

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103.03

57.61

296.50

271.04

51.86

CXJ Group Co Quarterly Data
	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11
Days Payable	Get a 7-Day Free Trial															106.23	52.07	69.61	113.86	85.24

ECXJ vs HAS, POOL, PTON: Days Payable Comparison

For the Specialty Retail subindustry, CXJ Group 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.

CXJ Group Co Days Payable vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CXJ Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where CXJ Group Co's Days Payable falls into.

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CXJ Group 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.

CXJ Group Co's Days Payable for the fiscal year that ended in May. 2010 is calculated as

	Days Payable (A: May. 2010 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2009 )	+	Accounts Payable (A: May. 2010 ))	/	count )	/	Cost of Goods Sold (A: May. 2010 )	*	Days in Period
=	( (1.132	+	0.739)	/	2 )	/	6.584	*	365
=	0.9355					/	6.584	*	365
=	51.86

CXJ Group Co's Days Payable for the quarter that ended in Feb. 2011 is calculated as:

	Days Payable (Q: Feb. 2011 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Nov. 2010 )	+	Accounts Payable (Q: Feb. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2011 )	*	Days in Period
=	( (1.287	+	0.316)	/	2 )	/	0.858	*	365 / 4
=	0.8015					/	0.858	*	365 / 4
=	85.24

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 85.24 mean?

CXJ Group Co (ECXJ) has a Days Payable of 85.24 as of Feb. 2011. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CXJ Group Co and its competitors.

Is CXJ Group Co's Days Payable too high?

CXJ Group Co's current Days Payable is 85.24. The Retail - Cyclical industry median Days Payable is 51.63. CXJ Group Co's value of 85.24 is 65.1% above this industry median.

How does CXJ Group Co's Days Payable compare to HAS and POOL?

CXJ Group Co's Days Payable of 85.24 can be compared against companies in the Retail - Cyclical industry. The industry median Days Payable is 51.63. CXJ Group Co's value of 85.24 is 65.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Payable for a Retail - Cyclical company?

The median Days Payable among Retail - Cyclical companies is 51.63, based on 1,098 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CXJ Group Co's current Days Payable of 85.24 is 65.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CXJ Group Co and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CXJ Group Co's current Days Payable is 85.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is CXJ Group Co stock overvalued right now?

CXJ Group Co (ECXJ) has a current Days Payable of 85.24. The current Days Payable is 85.24 and 65.1% above the Retail - Cyclical industry median of 51.63. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Payable calculated?

Days Payable is calculated from a company's financial statements. For CXJ Group Co (ECXJ), the current Days Payable is 85.24 as of Feb. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CXJ Group Co Business Description

Industry Consumer Cyclical Retail - Cyclical

Comparable Companies TSE:4661 LSE:CCL HKSE:02020 TSE:7309 TSE:7832 HAS TSE:7951 POOL PTON HKSE:02331 PLNT SZSE:300144 TSE:7731 BC MAT SIX FUN TSE:8111 TSX:TOY TSE:7458

Address Xintiandi Business Center, No. 7 Anqiaogang Road, Room 401, 4th Floor, East Block Building 5, Gongshu District, Zhejiang Province, Hangzhou City, CHN, 310017

Website http://www.ecxj.net

CXJ Group Co Ltd is engaged in the wholesale of automobile aftermarket products and provision of auto detailing store consultancy services. It operates through sales of automobile aftermarket products, authorization fees on its brand name Chejiangling / Teenage Hero Car, and consultancy services for auto detailing stores, including professional training, store standardization, employee training, and ERP system services for information management and operations. Its segments include Brand Name Management Fees and Services, which generate maximum revenue by providing the brand name Chejiangling / Teenage Hero Car to customers, who are authorized to operate their workshops under the Chejiangling / Teenage Hero Car brand name; Motor Oil & Auto Parts; and Exhaust Gas Cleaner and Others.