JWEL (Jowell Global) Days Payable : 7.56 (As of Jun. 2024)

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What is Jowell Global Days Payable?

Jowell Global's average Accounts Payable for the six months ended in Jun. 2024 was $3.5 Mil. Jowell Global's Cost of Goods Sold for the six months ended in Jun. 2024 was $84.8 Mil. Hence, Jowell Global's Days Payable for the six months ended in Jun. 2024 was 7.56.

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

JWEL' s Days Payable Range Over the Past 10 Years
Min: 10.1 Med: 15 Max: 30.76
Current: 10.1

During the past 6 years, Jowell Global's highest Days Payable was 30.76. The lowest was 10.10. And the median was 15.00.

JWEL's Days Payable is ranked worse than
92.13% of 1093 companies
in the Retail - Cyclical industry
Industry Median: 54.71 vs JWEL: 10.10

Jowell Global's Days Payable declined from Jun. 2023 (15.48) to Jun. 2024 (7.56). It may suggest that Jowell Global accelerated paying its suppliers.

Jowell Global Days Payable Historical Data

The historical data trend for Jowell Global'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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Jowell Global Days Payable Chart

Jowell Global Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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15.01

18.17

14.99

13.91

14.09

Jowell Global Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial							13.95	13.19	15.48	12.54	7.56

Competitive Comparison of Jowell Global's Days Payable

For the Internet Retail subindustry, Jowell Global'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.

Jowell Global's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jowell Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Jowell Global's Days Payable falls into.

Jowell Global 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.

Jowell Global'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
=	( (8.138	+	3.96)	/	2 )	/	156.738	*	365
=	6.049					/	156.738	*	365
=	14.09

Jowell Global'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
=	( (3.96	+	3.072)	/	2 )	/	84.832	*	365 / 2
=	3.516					/	84.832	*	365 / 2
=	7.56

Jowell Global Days Payable Related Terms

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Jowell Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jowell Global Ltd (NAS:JWEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 285 Jiangpu Road, 2nd Floor, Yangpu District, Shanghai, CHN, 200082

Website

https://www.1juhao.com

Jowell Global Ltd is a cosmetics, health and nutritional supplements, and household products e-commerce platform. It operates under Online Direct Sales, Authorized Retail Store Distribution, Third-party Merchants, and Live streaming marketing sales channels. The company's major merchandise categories are Cosmetic products, Health and nutritional supplements, and Household Products.