Jinling Hotel (SHSE:601007) Days Payable : 62.27 (As of Mar. 2024)

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What is Jinling Hotel Days Payable?

Jinling Hotel's average Accounts Payable for the three months ended in Mar. 2024 was ¥302 Mil. Jinling Hotel's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥443 Mil. Hence, Jinling Hotel's Days Payable for the three months ended in Mar. 2024 was 62.27.

The historical rank and industry rank for Jinling Hotel's Days Payable or its related term are showing as below:

SHSE:601007' s Days Payable Range Over the Past 10 Years
Min: 114.46 Med: 175.17 Max: 363.24
Current: 114.46

During the past 13 years, Jinling Hotel's highest Days Payable was 363.24. The lowest was 114.46. And the median was 175.17.

SHSE:601007's Days Payable is ranked better than
69.31% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs SHSE:601007: 114.46

Jinling Hotel's Days Payable declined from Mar. 2023 (150.91) to Mar. 2024 (62.27). It may suggest that Jinling Hotel accelerated paying its suppliers.

Jinling Hotel Days Payable Historical Data

The historical data trend for Jinling Hotel'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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Jinling Hotel Days Payable Chart

Jinling Hotel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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195.52

153.00

124.57

200.15

115.14

Jinling Hotel 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															150.91	175.64	136.55	85.32	62.27

Competitive Comparison of Jinling Hotel's Days Payable

For the Lodging subindustry, Jinling Hotel'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.

Jinling Hotel's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jinling Hotel's Days Payable distribution charts can be found below:

* The bar in red indicates where Jinling Hotel's Days Payable falls into.

Jinling Hotel 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.

Jinling Hotel'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
=	( (726.768	+	99.393)	/	2 )	/	1309.488	*	365
=	413.0805					/	1309.488	*	365
=	115.14

Jinling Hotel'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
=	( (99.393	+	505.35)	/	2 )	/	443.106	*	365 / 4
=	302.3715					/	443.106	*	365 / 4
=	62.27

Jinling Hotel Days Payable Related Terms

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Jinling Hotel (SHSE:601007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jinling Hotel Corp Ltd (SHSE:601007) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2 Hanzhong Road, Jinling Hotel, 4F, Jiangsu, Nanjing, CHN, 210005

Website

http://www.jinlinghotel.com

Jinling Hotel Corp Ltd operates in accommodation industry. The business of the company includes hotel services, commodity trade, property management, and house leasing.

Executives

Lv Hui	senior management
Tian Feng	Director

Jinling Hotel (SHSE:601007) Headlines

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