J&T Global Express (HKSE:01519) Days Payable : 19.35 (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is J&T Global Express Days Payable?

J&T Global Express's average Accounts Payable for the six months ended in Jun. 2024 was HK$3,582 Mil. J&T Global Express's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$33,786 Mil. Hence, J&T Global Express's Days Payable for the six months ended in Jun. 2024 was 19.35.

The historical rank and industry rank for J&T Global Express's Days Payable or its related term are showing as below:

HKSE:01519' s Days Payable Range Over the Past 10 Years
Min: 19.08 Med: 26.41 Max: 45.8
Current: 19.08

During the past 4 years, J&T Global Express's highest Days Payable was 45.80. The lowest was 19.08. And the median was 26.41.

HKSE:01519's Days Payable is ranked worse than
81.96% of 937 companies
in the Transportation industry
Industry Median: 37.42 vs HKSE:01519: 19.08

J&T Global Express's Days Payable declined from Jun. 2023 (22.66) to Jun. 2024 (19.35). It may suggest that J&T Global Express accelerated paying its suppliers.

J&T Global Express Days Payable Historical Data

The historical data trend for J&T Global Express'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.

J&T Global Express Days Payable Chart

J&T Global Express Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

45.80

27.09

25.72

20.69

J&T Global Express Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			30.17	21.72	22.66	18.89	19.35

Competitive Comparison of J&T Global Express's Days Payable

For the Integrated Freight & Logistics subindustry, J&T Global Express'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.

J&T Global Express's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, J&T Global Express's Days Payable distribution charts can be found below:

* The bar in red indicates where J&T Global Express's Days Payable falls into.

J&T Global Express 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.

J&T Global Express'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
=	( (3769.807	+	3646.427)	/	2 )	/	65418.422	*	365
=	3708.117					/	65418.422	*	365
=	20.69

J&T Global Express's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (3646.427	+	3517.999)	/	2 )	/	33785.779	*	365 / 2
=	3582.213					/	33785.779	*	365 / 2
=	19.35

J&T Global Express Days Payable Related Terms

Thank you for viewing the detailed overview of J&T Global Express's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

J&T Global Express Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » J&T Global Express Ltd (HKSE:01519) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1777 Hualong Road, Room 1001, Block A, Tower 5, Huaxinzhen, Qingpu, Shanghai, CHN

Website

https://www.jtexpress.com

J&T Express provides express delivery in 13 countries, with a number one position in Southeast Asia and a number five position in China by parcel volume share in 2023 and a growing footprint in Latin America and the Middle East. As of Dec. 31, 2023, it had full network coverage across Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, and Singapore, over 99% of geographical coverage in China, and over 95% coverage in Saudi Arabia, the UAE, Mexico, Brazil, and Egypt. J&T also had approximately 8,500 network partners, 19,600 pickup and delivery outlets, and operates 237 sorting centers, more than 3,900 line-haul routes and over 9,600 line-haul vehicles, including more than 5,100 self-owned line-haul vehicles.

Executives

Li Jie
Vistra Trust (singapore) Pte. Limited
Topping Summit Limited
Jumping Summit Limited
Exceeding Summit Holding Limited
Kastle Limited	2301 Trustee
Xyxy Holdings Ltd.	2201 Interest of corporation controlled by you
Boyu Group, Llc	2201 Interest of corporation controlled by you
Boyu Capital Group Holdings Ltd	2201 Interest of corporation controlled by you
Boyu Capital General Partner Iv, Ltd	2201 Interest of corporation controlled by you
Tong Xiaomeng	2201 Interest of corporation controlled by you
Boyu Capital Fund Iv, L.p.	2201 Interest of corporation controlled by you
Tencent Holdings Limited	2201 Interest of corporation controlled by you
Boyu Capital Fund Iv, L.p
Liang Xiaojing

J&T Global Express Headlines

No Headlines