Sino Grandness Food Industry Group (FRA:JSO1) Days Payable: 0.00 (As of Dec. 2023)

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What is Sino Grandness Food Industry Group Days Payable?

Sino Grandness Food Industry Group FRA:JSO1 Days Payable is 0.00 as of Dec. 2023.

Sino Grandness Food Industry Group's average Accounts Payable for the three months ended in Dec. 2023 was €6.0 Mil. Sino Grandness Food Industry Group's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.0 Mil.

The historical rank and industry rank for Sino Grandness Food Industry Group's Days Payable or its related term are showing as below:

FRA:JSO1's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.14
* Ranked among companies with meaningful Days Payable only.

Sino Grandness Food Industry Group's Days Payable declined from Mar. 2022 (46.17) to Dec. 2023 (0.00). It may suggest that Sino Grandness Food Industry Group accelerated paying its suppliers.


Sino Grandness Food Industry Group Days Payable Related Terms


Sino Grandness Food Industry Group Days Payable Historical Data

* Premium members only.

The historical data trend for Sino Grandness Food Industry Group'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.

Sino Grandness Food Industry Group Days Payable Chart

Sino Grandness Food Industry Group 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 6.66 10.20 32.68 34.63 15.90

Sino Grandness Food Industry Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Dec23
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 46.17 43.01 86.90 72.71 0.00

FRA:JSO1 vs KHC, GIS, HRL: Days Payable Comparison

For the Packaged Foods subindustry, Sino Grandness Food Industry Group'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.


Sino Grandness Food Industry Group Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sino Grandness Food Industry Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Sino Grandness Food Industry Group's Days Payable falls into.



Sino Grandness Food Industry Group 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.

Sino Grandness Food Industry Group'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
=( (10.193 + 1.842) / 2 ) / 138.129*365
=6.0175 / 138.129*365
=15.90

Sino Grandness Food Industry Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (10.193 + 1.842) / 2 ) / 0*365 / 4
=6.0175 / 0*365 / 4
=N/A

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Sino Grandness Food Industry Group (FRA:JSO1) has a Days Payable of 0.00 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sino Grandness Food Industry Group and its competitors.
Is Sino Grandness Food Industry Group's Days Payable too high?
Sino Grandness Food Industry Group's current Days Payable is 0.00.
How does Sino Grandness Food Industry Group's Days Payable compare to KHC and GIS?
Sino Grandness Food Industry Group's Days Payable of 0.00 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.14. 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.14, based on 1,893 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. 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 Sino Grandness Food Industry Group and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sino Grandness Food Industry Group's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Grandness Food Industry Group stock overvalued right now?
Sino Grandness Food Industry Group (FRA:JSO1) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Sino Grandness Food Industry Group (FRA:JSO1), the current Days Payable is 0.00 as of Dec. 2023. 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.

Sino Grandness Food Industry Group Business Description

Address No. 1 Gaoxin South 7th Road, Unit 2302, Yuemeite Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518063
Sino Grandness Food Industry Group Ltd is an investment holding company. Its operating segments include the Grandness segment includes the Manufacturing and sale of canned vegetables and canned fruits and the Garden Fresh segment includes sales of fruit juices and Fruit beverages. It generates maximum revenue from the Garden Fresh segment of Fruit beverages. Geographically, it derives a majority of its revenue from the People's Republic of China and also has a presence in Europe, North America, South America, and Other Countries. Some of its products include mandarin orange, litchi, pear, pineapple, yellow peach, Loquat juice, and others.