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Yibin Paper Industry Co (SHSE:600793) Days Payable : 88.75 (As of Sep. 2024)


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What is Yibin Paper Industry Co Days Payable?

Yibin Paper Industry Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥331 Mil. Yibin Paper Industry Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥341 Mil. Hence, Yibin Paper Industry Co's Days Payable for the three months ended in Sep. 2024 was 88.75.

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

SHSE:600793' s Days Payable Range Over the Past 10 Years
Min: 50.39   Med: 143.21   Max: 23503.6
Current: 91.48

During the past 13 years, Yibin Paper Industry Co's highest Days Payable was 23503.60. The lowest was 50.39. And the median was 143.21.

SHSE:600793's Days Payable is ranked better than
78.62% of 276 companies
in the Forest Products industry
Industry Median: 56.865 vs SHSE:600793: 91.48

Yibin Paper Industry Co's Days Payable increased from Sep. 2023 (79.39) to Sep. 2024 (88.75). It may suggest that Yibin Paper Industry Co delayed paying its suppliers.


Yibin Paper Industry Co Days Payable Historical Data

The historical data trend for Yibin Paper Industry 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.

Yibin Paper Industry Co Days Payable Chart

Yibin Paper Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.74 73.24 57.04 50.39 88.12

Yibin Paper Industry Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 79.39 89.83 113.36 84.57 88.75

Competitive Comparison of Yibin Paper Industry Co's Days Payable

For the Paper & Paper Products subindustry, Yibin Paper Industry 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.


Yibin Paper Industry Co's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Yibin Paper Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Yibin Paper Industry Co's Days Payable falls into.



Yibin Paper Industry 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.

Yibin Paper Industry 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
=( (326.49 + 434.912) / 2 ) / 1576.916*365
=380.701 / 1576.916*365
=88.12

Yibin Paper Industry Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (331.549 + 331.142) / 2 ) / 340.663*365 / 4
=331.3455 / 340.663*365 / 4
=88.75

* 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.


Yibin Paper Industry Co Days Payable Related Terms

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Yibin Paper Industry Co Business Description

Traded in Other Exchanges
N/A
Address
Lanshi Light Industrial Park, Nanxi District, Sichuan Province, Yibin, CHN, 644100
Yibin Paper Industry Co Ltd is a paper product manufacturer in China. The company's main products include high-grade paper cup base paper, bamboo pulp board, and others.
Executives
Chen Dan Supervisors
Xie Zhang Hong senior management
Huang Cai Jin Supervisors
Huang Zheng Wen senior management
Yang Jun Supervisors
Xing Zhi Min senior management
Gao Ge Sheng Supervisors
Lv Yan Zhi senior management
Zhou Ming Cong senior management
Chen Hong Director
Chen Shi Gui Supervisors

Yibin Paper Industry Co Headlines

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