QKLS (QKL Stores) Days Payable: 68.77 (As of Dec. 2015)


What is QKL Stores Days Payable?

QKL Stores QKLS Days Payable is 68.77 as of Dec. 2015.

QKL Stores's average Accounts Payable for the three months ended in Dec. 2015 was $38.4 Mil. QKL Stores's Cost of Goods Sold for the three months ended in Dec. 2015 was $50.9 Mil. Hence, QKL Stores's Days Payable for the three months ended in Dec. 2015 was 68.77.

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

QKLS's Days Payable is not ranked *
in the Retail - Defensive industry.
Industry Median: 43.205
* Ranked among companies with meaningful Days Payable only.

QKL Stores's Days Payable increased from Dec. 2014 (51.49) to Dec. 2015 (68.77). It may suggest that QKL Stores delayed paying its suppliers.

QKL Stores Days Payable Historical Data

* Premium members only.

The historical data trend for QKL Stores'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.

QKL Stores Days Payable Chart

QKL Stores Annual Data
Trend Apr06 Apr07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.07 35.70 51.96 58.42 63.65

QKL Stores Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.49 43.28 70.08 67.60 68.77

QKLS vs IFMK, HWIN: Days Payable Comparison

For the Grocery Stores subindustry, QKL Stores'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.

QKL Stores Days Payable vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, QKL Stores's Days Payable distribution charts can be found below:

* The bar in red indicates where QKL Stores's Days Payable falls into.


QKL Stores 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.

QKL Stores's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (37.207 + 41.062) / 2 ) / 224.41*365
=39.1345 / 224.41*365
=63.65

QKL Stores's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable (Q: Dec. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2015 ) + Accounts Payable (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (35.689 + 41.062) / 2 ) / 50.917*365 / 4
=38.3755 / 50.917*365 / 4
=68.77

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 68.77 mean?
QKL Stores (QKLS) has a Days Payable of 68.77 as of Dec. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on QKL Stores and its competitors.
Is QKL Stores' Days Payable too high?
QKL Stores' current Days Payable is 68.77. The Retail - Defensive industry median Days Payable is 43.21. QKL Stores' value of 68.77 is 59.2% above this industry median.
How does QKL Stores' Days Payable compare to IFMK and HWIN?
QKL Stores' Days Payable of 68.77 can be compared against companies in the Retail - Defensive industry. The industry median Days Payable is 43.21. QKL Stores' value of 68.77 is 59.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.21, based on 302 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. QKL Stores's current Days Payable of 68.77 is 59.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on QKL Stores and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QKL Stores's current Days Payable is 68.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QKL Stores stock overvalued right now?
QKL Stores (QKLS) has a current Days Payable of 68.77. The current Days Payable is 68.77 and 59.2% above the Retail - Defensive industry median of 43.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For QKL Stores (QKLS), the current Days Payable is 68.77 as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

QKL Stores Business Description

Address 4 Nanreyuan Street, Dongfeng Road, Zhuangyi Wang, Sartu District, Daqing, CHN, 163300
QKL Stores Inc is engaged in the operation of retail chain stores in northeastern China and Inner Mongolia. The company's supermarkets and hypermarkets sell merchandise including groceries, fresh food, and non-food items.