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Guanghui Logistics Co (SHSE:600603) Days Payable : 650.94 (As of Mar. 2025)


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What is Guanghui Logistics Co Days Payable?

Guanghui Logistics Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥2,734 Mil. Guanghui Logistics Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥383 Mil. Hence, Guanghui Logistics Co's Days Payable for the three months ended in Mar. 2025 was 650.94.

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

SHSE:600603' s Days Payable Range Over the Past 10 Years
Min: 68.07   Med: 346.92   Max: 659.79
Current: 467.56

During the past 13 years, Guanghui Logistics Co's highest Days Payable was 659.79. The lowest was 68.07. And the median was 346.92.

SHSE:600603's Days Payable is ranked better than
86.03% of 1568 companies
in the Real Estate industry
Industry Median: 93.575 vs SHSE:600603: 467.56

Guanghui Logistics Co's Days Payable increased from Mar. 2024 (371.11) to Mar. 2025 (650.94). It may suggest that Guanghui Logistics Co delayed paying its suppliers.


Guanghui Logistics Co Days Payable Historical Data

The historical data trend for Guanghui Logistics 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.

* Premium members only.

Guanghui Logistics Co Days Payable Chart

Guanghui Logistics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 343.09 423.97 659.79 288.24 405.57

Guanghui Logistics Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 371.11 425.20 500.12 360.20 650.94

Competitive Comparison of Guanghui Logistics Co's Days Payable

For the Real Estate Services subindustry, Guanghui Logistics 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.


Guanghui Logistics Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Guanghui Logistics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guanghui Logistics Co's Days Payable falls into.


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Guanghui Logistics 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.

Guanghui Logistics Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (2202.265 + 2651.223) / 2 ) / 2183.986*365
=2426.744 / 2183.986*365
=405.57

Guanghui Logistics Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (2651.223 + 2817.456) / 2 ) / 383.305*365 / 4
=2734.3395 / 383.305*365 / 4
=650.94

* 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.


Guanghui Logistics Co Days Payable Related Terms

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Guanghui Logistics Co Business Description

Traded in Other Exchanges
N/A
Address
No.165 Xinhua North Road, Tianshan District, Xinjiang Uygur Autonomous Region, Urumqi, CHN, 830000
Guanghui Logistics Co Ltd is engaged in the investment, leasing and operation of real estate.
Executives
Song Yan Director
Li Wen Qiang Director
Cui Rui Li senior management
Wang Yu Qin senior management
Suo Lve senior management
Meng Ke Liang Director
Yang Tie Jun Director
Cao Wei Cang Supervisors

Guanghui Logistics Co Headlines

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