Shenzhen Pagoda Industrial (Group) (HKSE:02411) Days Payable : 14.40 (As of Jun. 2024)

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What is Shenzhen Pagoda Industrial (Group) Days Payable?

Shenzhen Pagoda Industrial (Group)'s average Accounts Payable for the six months ended in Jun. 2024 was HK$423 Mil. Shenzhen Pagoda Industrial (Group)'s Cost of Goods Sold for the six months ended in Jun. 2024 was HK$5,356 Mil. Hence, Shenzhen Pagoda Industrial (Group)'s Days Payable for the six months ended in Jun. 2024 was 14.40.

The historical rank and industry rank for Shenzhen Pagoda Industrial (Group)'s Days Payable or its related term are showing as below:

HKSE:02411' s Days Payable Range Over the Past 10 Years
Min: 12.8 Med: 16.03 Max: 17.07
Current: 16.81

During the past 6 years, Shenzhen Pagoda Industrial (Group)'s highest Days Payable was 17.07. The lowest was 12.80. And the median was 16.03.

HKSE:02411's Days Payable is ranked worse than
87.32% of 1088 companies
in the Retail - Cyclical industry
Industry Median: 54.295 vs HKSE:02411: 16.81

Shenzhen Pagoda Industrial (Group)'s Days Payable declined from Jun. 2023 (17.16) to Jun. 2024 (14.40). It may suggest that Shenzhen Pagoda Industrial (Group) accelerated paying its suppliers.

Shenzhen Pagoda Industrial (Group) Days Payable Historical Data

The historical data trend for Shenzhen Pagoda Industrial (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.

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Shenzhen Pagoda Industrial (Group) Days Payable Chart

Shenzhen Pagoda Industrial (Group) Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

14.98

12.80

16.22

16.03

17.29

Shenzhen Pagoda Industrial (Group) Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial					19.85	17.16	18.13	14.40	19.05

Competitive Comparison of Shenzhen Pagoda Industrial (Group)'s Days Payable

For the Specialty Retail subindustry, Shenzhen Pagoda Industrial (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.

Shenzhen Pagoda Industrial (Group)'s Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shenzhen Pagoda Industrial (Group)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Pagoda Industrial (Group)'s Days Payable falls into.

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Shenzhen Pagoda Industrial (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.

Shenzhen Pagoda Industrial (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
=	( (569.431	+	398.308)	/	2 )	/	11020.617	*	365
=	483.8695					/	11020.617	*	365
=	16.03

Shenzhen Pagoda Industrial (Group)'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
=	( (398.308	+	446.939)	/	2 )	/	5356.467	*	365 / 2
=	422.6235					/	5356.467	*	365 / 2
=	14.40

Shenzhen Pagoda Industrial (Group) Days Payable Related Terms

Thank you for viewing the detailed overview of Shenzhen Pagoda Industrial (Group)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Pagoda Industrial (Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shenzhen Pagoda Industrial (Group) Corp Ltd (HKSE:02411) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Pingji Road, Nanwan Street, B1101-1103, B1105-1113, B1115-1122, B1201-1203, B1205-1213, B1215-1217 Tower B, Jiansheng Building, Xialilang Community, Longgang District, Guangdong Province, Shenzhen, CHN

Website

https://www.pagoda.com.cn

Shenzhen Pagoda Industrial (Group) Corp Ltd is principally engaged in operating a franchised retail network and trading of fruits. The group has three reportable segments which include Trading, Franchising, and others. The majority of its revenue derives from the Franchising segment which includes the operation of franchised and self-owned retail networks.

Executives

Xu Yanlin
Yu Huiyong
China International Capital Corporation Limited	2201 Interest of corporation controlled by you
Shen Zhen Shi Hong Yuan Shan Guo Tou Zi Fa Zhan Qi Ye You Xian He Huo
Shen Zhen Shi Heng Yi Li Tou Zi Fa Zhan Zhong Xin You Xian He Huo
Jiao Yue	2201 Interest of corporation controlled by you
Wang Yonghua	2201 Interest of corporation controlled by you
Shen Zhen Shi Tian Tu Tou Zi Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Tian Tu Zi Ben Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Hang Zhou Tian Tu Zi Ben Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Cicc Qianhai (shenzhen) Private Equity Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
Zhong Jin Zi Ben Yun Ying You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Tian Tu Xing Bei Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Shen Zhen Hui Lin Shi Ye Fa Zhan You Xian Ze Ren Gong Si

Shenzhen Pagoda Industrial (Group) Headlines

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