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ZJLD Group (HKSE:06979) Days Payable : 114.21 (As of Dec. 2023)


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What is ZJLD Group Days Payable?

ZJLD Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$1,005 Mil. ZJLD Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,606 Mil. Hence, ZJLD Group's Days Payable for the six months ended in Dec. 2023 was 114.21.

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

HKSE:06979' s Days Payable Range Over the Past 10 Years
Min: 46.08   Med: 84.09   Max: 132.21
Current: 119.82

During the past 4 years, ZJLD Group's highest Days Payable was 132.21. The lowest was 46.08. And the median was 84.09.

HKSE:06979's Days Payable is ranked better than
64.18% of 201 companies
in the Beverages - Alcoholic industry
Industry Median: 78.36 vs HKSE:06979: 119.82

ZJLD Group's Days Payable declined from Dec. 2022 (151.55) to Dec. 2023 (114.21). It may suggest that ZJLD Group accelerated paying its suppliers.

ZJLD Group Days Payable Historical Data

The historical data trend for ZJLD 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.

* Premium members only.

ZJLD Group Days Payable Chart

ZJLD Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
46.08 53.15 115.02 132.21

ZJLD Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial - 77.30 151.55 113.05 114.21

Competitive Comparison of ZJLD Group's Days Payable

For the Beverages - Wineries & Distilleries subindustry, ZJLD 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.

ZJLD Group's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, ZJLD Group's Days Payable distribution charts can be found below:

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


ZJLD 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.

ZJLD 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
=( (1167.559 + 1170.357) / 2 ) / 3227.215*365
=1168.958 / 3227.215*365
=132.21

ZJLD 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (840.341 + 1170.357) / 2 ) / 1606.443*365 / 2
=1005.349 / 1606.443*365 / 2
=114.21

* 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.

ZJLD Group Days Payable Related Terms

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

ZJLD Group (HKSE:06979) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » ZJLD Group Inc (HKSE:06979) » Definitions » Days Payable
Comparable Companies
HKSE:00389 HKSE:00828 HKSE:08509 HKSE:08146 HKSE:08057 HKSE:01389 SHSE:600519 SZSE:000858 LSE:DGE XPAR:RI SZSE:000568 STZ SHSE:600809 BF.B SZSE:002304 SZSE:000596 MIL:CPR SHSE:603369 SGX:Y92 BOM:532432
Traded in Other Exchanges
LH6:Germany
Address
No.15 Baiqiao Avenue, 8th Floor, Jiahe Guoxin Building, Dongcheng District, Beijing, CHN
Website
https://www.zjld.com
ZJLD Group Inc is a leading baijiu company in China devoted to offering premium baijiu products featuring a sauce aroma profile. The company aspires to carry forward a rich cultural heritage and turn every drop of aromatic baijiu into a joyful and memorable moment. Baijiu is China's national liquor and the world's most consumed liquor.
Executives
Wu Xiangdong 2201 Interest of corporation controlled by you
Jindong Investment Group Limited 2101 Beneficial owner
Jindong Investment Group Limited 2101 Beneficial owner
Zhenjiu Holding Limited 2101 Beneficial owner
Zhenjiu Holding Limited 2101 Beneficial owner
Kkr Afiv Zest Aiv (gp) Limited 2201 Interest of corporation controlled by you
Kkr Asian Fund Iv Zest Aiv L.p. 2201 Interest of corporation controlled by you
Maplesfs Limited 2301 Trustee
Zest Holdings I Pte. Ltd. 2201 Interest of corporation controlled by you
Zest Holdings Ii Pte. Ltd. 2101 Beneficial owner

ZJLD Group (HKSE:06979) Headlines

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