Nanjing Business & Tourism (SHSE:600250) Days Payable : 130.16 (As of Mar. 2024)

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What is Nanjing Business & Tourism Days Payable?

Nanjing Business & Tourism's average Accounts Payable for the three months ended in Mar. 2024 was ¥225.5 Mil. Nanjing Business & Tourism's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥158.1 Mil. Hence, Nanjing Business & Tourism's Days Payable for the three months ended in Mar. 2024 was 130.16.

The historical rank and industry rank for Nanjing Business & Tourism's Days Payable or its related term are showing as below:

SHSE:600250' s Days Payable Range Over the Past 10 Years
Min: 106.48 Med: 171.1 Max: 240.26
Current: 131.63

During the past 13 years, Nanjing Business & Tourism's highest Days Payable was 240.26. The lowest was 106.48. And the median was 171.10.

SHSE:600250's Days Payable is ranked better than
81.91% of 470 companies
in the Conglomerates industry
Industry Median: 59.305 vs SHSE:600250: 131.63

Nanjing Business & Tourism's Days Payable declined from Mar. 2023 (175.08) to Mar. 2024 (130.16). It may suggest that Nanjing Business & Tourism accelerated paying its suppliers.

Nanjing Business & Tourism Days Payable Historical Data

The historical data trend for Nanjing Business & Tourism'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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Nanjing Business & Tourism Days Payable Chart

Nanjing Business & Tourism Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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134.75

169.34

232.08

184.78

153.83

Nanjing Business & Tourism Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															175.08	175.41	132.38	95.46	130.16

Competitive Comparison of Nanjing Business & Tourism's Days Payable

For the Conglomerates subindustry, Nanjing Business & Tourism'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.

Nanjing Business & Tourism's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nanjing Business & Tourism's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanjing Business & Tourism's Days Payable falls into.

Nanjing Business & Tourism 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.

Nanjing Business & Tourism'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
=	( (301.995	+	207.79)	/	2 )	/	604.791	*	365
=	254.8925					/	604.791	*	365
=	153.83

Nanjing Business & Tourism's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (207.79	+	243.143)	/	2 )	/	158.07	*	365 / 4
=	225.4665					/	158.07	*	365 / 4
=	130.16

Nanjing Business & Tourism Days Payable Related Terms

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Nanjing Business & Tourism (SHSE:600250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nanjing Business & Tourism Corp Ltd (SHSE:600250) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 18, Xinxinqiao East Street, Qinhuai District, Jiangsu, Nanjing, CHN, 210006

Website

http://www.nantex.com.cn

Nanjing Business & Tourism Corp Ltd Formerly Nanjing Textiles Imp & Exp Corp Ltd is involved in the fields of textiles and garments, electric and machinery, light industry, chemical industry and others, covering over 1000 merchandise. At the same time, the company also engaged in the overseas labor services and economic and technical cooperation activities.

Executives

Xia Shu Ping	Director
Fan Ye	senior management
Li Rui Ping	senior management
Zhang Zhong Ling	senior management
Zhou Guo Qing	Supervisors
Yang Chun Sheng	senior management
Han Yong	Director
Yin Wen Qi	senior management
Tang Jian Guo	senior management
Hu Hai Ge	Director
Dan Xiao Zhong	Director
Yang Jing Cheng	Director
Ding Jie	senior management
Ye Qing	senior management
Xu Xian Min	senior management

Nanjing Business & Tourism (SHSE:600250) Headlines

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