Ningbo Shanshan Co (SHSE:600884) Days Payable : 99.00 (As of Mar. 2025)

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What is Ningbo Shanshan Co Days Payable?

Ningbo Shanshan Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥4,440 Mil. Ningbo Shanshan Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥4,093 Mil. Hence, Ningbo Shanshan Co's Days Payable for the three months ended in Mar. 2025 was 99.00.

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

SHSE:600884' s Days Payable Range Over the Past 10 Years
Min: 74.87 Med: 133.07 Max: 156.27
Current: 95.91

During the past 13 years, Ningbo Shanshan Co's highest Days Payable was 156.27. The lowest was 74.87. And the median was 133.07.

SHSE:600884's Days Payable is ranked better than
74.46% of 1515 companies
in the Chemicals industry
Industry Median: 57.95 vs SHSE:600884: 95.91

Ningbo Shanshan Co's Days Payable declined from Mar. 2024 (107.24) to Mar. 2025 (99.00). It may suggest that Ningbo Shanshan Co accelerated paying its suppliers.

Ningbo Shanshan Co Days Payable Historical Data

The historical data trend for Ningbo Shanshan 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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Ningbo Shanshan Co Days Payable Chart

Ningbo Shanshan Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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145.80

74.87

96.97

100.71

95.27

Ningbo Shanshan 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															107.24	90.73	114.11	91.02	99.00

Competitive Comparison of Ningbo Shanshan Co's Days Payable

For the Specialty Chemicals subindustry, Ningbo Shanshan 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.

Ningbo Shanshan Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningbo Shanshan Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbo Shanshan Co's Days Payable falls into.

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Ningbo Shanshan 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.

Ningbo Shanshan 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
=	( (3636.924	+	4715.019)	/	2 )	/	15998.865	*	365
=	4175.9715					/	15998.865	*	365
=	95.27

Ningbo Shanshan 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
=	( (4715.019	+	4165.55)	/	2 )	/	4092.728	*	365 / 4
=	4440.2845					/	4092.728	*	365 / 4
=	99.00

Ningbo Shanshan Co Days Payable Related Terms

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Ningbo Shanshan Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ningbo Shanshan Co Ltd (SHSE:600884) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 777, Rili Middle Road, 28th Floor, Shanshan Building, Room 801, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315100

Website

https://www.ssgf.net

Ningbo Shanshan Co Ltd is engaged in Research & Development, production and sales of lithium battery materials, LCD polarizer business, clothing brand operation, quasi-financial and venture capital business.

Executives

Li Feng Feng	Directors, senior managers
Zhu Zhi Yong	Directors, senior managers
Zheng Ju	Director
Zhuang Wei	Director
Li Zhi Hua	Directors, senior managers
Chen Ying	senior management
Gao Ming	senior management
Li Ke Qin	Directors, senior managers
Peng Wen Jie	Director
Yang Feng	Director
Jin Ji	Supervisors
Hui Ying	Supervisors
Chen Qi	Supervisors
Yu Ya Zhen	Supervisors

Ningbo Shanshan Co Headlines

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