Shandong Fengxiang Co (HKSE:09977) Days Payable : 38.19 (As of Dec. 2022)

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What is Shandong Fengxiang Co Days Payable?

Shandong Fengxiang Co's average Accounts Payable for the six months ended in Dec. 2022 was HK$533 Mil. Shandong Fengxiang Co's Cost of Goods Sold for the six months ended in Dec. 2022 was HK$2,548 Mil. Hence, Shandong Fengxiang Co's Days Payable for the six months ended in Dec. 2022 was 38.19.

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

HKSE:09977' s Days Payable Range Over the Past 10 Years
Min: 28.03 Med: 37.96 Max: 48.68
Current: 32.75

During the past 8 years, Shandong Fengxiang Co's highest Days Payable was 48.68. The lowest was 28.03. And the median was 37.96.

HKSE:09977's Days Payable is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 45.6 vs HKSE:09977: 32.75

Shandong Fengxiang Co's Days Payable declined from Dec. 2021 (38.92) to Dec. 2022 (38.19). It may suggest that Shandong Fengxiang Co accelerated paying its suppliers.

Shandong Fengxiang Co Days Payable Historical Data

The historical data trend for Shandong Fengxiang 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.

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Shandong Fengxiang Co Days Payable Chart

Shandong Fengxiang Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.31

28.03

31.18

38.39

33.95

Shandong Fengxiang Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial							33.26	38.92	38.83	38.19	-

Competitive Comparison of Shandong Fengxiang Co's Days Payable

For the Packaged Foods subindustry, Shandong Fengxiang 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.

Shandong Fengxiang Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Fengxiang Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Fengxiang Co's Days Payable falls into.

Shandong Fengxiang 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.

Shandong Fengxiang Co'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
=	( (508.042	+	416.431)	/	2 )	/	4968.982	*	365
=	462.2365					/	4968.982	*	365
=	33.95

Shandong Fengxiang Co's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (558.245	+	508.042)	/	2 )	/	2547.624	*	365 / 2
=	533.1435					/	2547.624	*	365 / 2
=	38.19

Shandong Fengxiang Co Days Payable Related Terms

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Shandong Fengxiang Co (HKSE:09977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shandong Fengxiang Co Ltd (HKSE:09977) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liumiao Village, Anle Town, Yanggu County, Shandong Province, Liaocheng, CHN

Website

http://www.fengxiang.com

Shandong Fengxiang Co Ltd is a white-feathered broiler producer in the PRC. The company produces its chicken meat products from white-feathered broilers. It also manufactures and markets a wide range of processed chicken meat products. Its main products include chicken meat products, which consist of raw chicken meat products and processed chicken meat products, and chicken breeds.

Shandong Fengxiang Co (HKSE:09977) Headlines

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