Fujian Dongbai (Group) Co (SHSE:600693) Days Payable : 320.68 (As of Mar. 2024)

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What is Fujian Dongbai (Group) Co Days Payable?

Fujian Dongbai (Group) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥756 Mil. Fujian Dongbai (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥215 Mil. Hence, Fujian Dongbai (Group) Co's Days Payable for the three months ended in Mar. 2024 was 320.68.

The historical rank and industry rank for Fujian Dongbai (Group) Co's Days Payable or its related term are showing as below:

SHSE:600693' s Days Payable Range Over the Past 10 Years
Min: 40.13 Med: 115.42 Max: 444.36
Current: 442.93

During the past 13 years, Fujian Dongbai (Group) Co's highest Days Payable was 444.36. The lowest was 40.13. And the median was 115.42.

SHSE:600693's Days Payable is ranked better than
96.11% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs SHSE:600693: 442.93

Fujian Dongbai (Group) Co's Days Payable declined from Mar. 2023 (347.24) to Mar. 2024 (320.68). It may suggest that Fujian Dongbai (Group) Co accelerated paying its suppliers.

Fujian Dongbai (Group) Co Days Payable Historical Data

The historical data trend for Fujian Dongbai (Group) 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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Fujian Dongbai (Group) Co Days Payable Chart

Fujian Dongbai (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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107.36

274.40

322.17

424.89

444.36

Fujian Dongbai (Group) Co 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															347.24	385.20	483.38	840.86	320.68

Competitive Comparison of Fujian Dongbai (Group) Co's Days Payable

For the Department Stores subindustry, Fujian Dongbai (Group) 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.

Fujian Dongbai (Group) Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fujian Dongbai (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Dongbai (Group) Co's Days Payable falls into.

Fujian Dongbai (Group) 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.

Fujian Dongbai (Group) 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
=	( (1033.017	+	840.64)	/	2 )	/	769.509	*	365
=	936.8285					/	769.509	*	365
=	444.36

Fujian Dongbai (Group) Co'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
=	( (840.64	+	672.134)	/	2 )	/	215.234	*	365 / 4
=	756.387					/	215.234	*	365 / 4
=	320.68

Fujian Dongbai (Group) Co Days Payable Related Terms

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Fujian Dongbai (Group) Co (SHSE:600693) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fujian Dongbai (Group) Co Ltd (SHSE:600693) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 84 Bayiqi North Road, Fuzhou, Fujian, CHN, 350001

Website

http://www.dongbai.com

Fujian Dongbai (Group) Co Ltd operates in the retail business. The company operates a department store chain that deals with fashion brands, jewelry, men and female clothing, shoes, and other categories. Geographically the activities are carried out through China.

Executives

Shi Xia	Director
Liu Yi	Director
Wang Xiang Hong	Supervisors
Wei Li Ping	Director
Li Peng	senior management
Song Ke Jun	Director
Xue Jian	senior management
Bi De Cai	Director
Yu Yi Hong	Director
Shi Min Xiu	Supervisors
Wang Jin Rong	Supervisors

Fujian Dongbai (Group) Co (SHSE:600693) Headlines

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