Liqun Commercial Group Co (SHSE:601366) Days Payable : 96.86 (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Liqun Commercial Group Co Days Payable?

Liqun Commercial Group Co's average Accounts Payable for the three months ended in Dec. 2024 was ¥1,248 Mil. Liqun Commercial Group Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ¥1,176 Mil. Hence, Liqun Commercial Group Co's Days Payable for the three months ended in Dec. 2024 was 96.86.

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

SHSE:601366' s Days Payable Range Over the Past 10 Years
Min: 51.21 Med: 90.4 Max: 108.16
Current: 92.92

During the past 13 years, Liqun Commercial Group Co's highest Days Payable was 108.16. The lowest was 51.21. And the median was 90.40.

SHSE:601366's Days Payable is ranked better than
71.01% of 1090 companies
in the Retail - Cyclical industry
Industry Median: 54.4 vs SHSE:601366: 92.92

Liqun Commercial Group Co's Days Payable declined from Dec. 2023 (115.31) to Dec. 2024 (96.86). It may suggest that Liqun Commercial Group Co accelerated paying its suppliers.

Liqun Commercial Group Co Days Payable Historical Data

The historical data trend for Liqun Commercial 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.

* Premium members only.

Liqun Commercial Group Co Days Payable Chart

Liqun Commercial Group Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

105.77

104.50

108.16

103.78

101.08

Liqun Commercial Group Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															115.31	81.60	105.46	83.93	96.86

Competitive Comparison of Liqun Commercial Group Co's Days Payable

For the Department Stores subindustry, Liqun Commercial 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.

Liqun Commercial Group Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Liqun Commercial Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Liqun Commercial Group Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Liqun Commercial 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.

Liqun Commercial Group 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
=	( (1376.594	+	1389.591)	/	2 )	/	4994.222	*	365
=	1383.0925					/	4994.222	*	365
=	101.08

Liqun Commercial Group Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1106.213	+	1389.591)	/	2 )	/	1175.619	*	365 / 4
=	1247.902					/	1175.619	*	365 / 4
=	96.86

Liqun Commercial Group Co Days Payable Related Terms

Thank you for viewing the detailed overview of Liqun Commercial Group Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Liqun Commercial Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Liqun Commercial Group Co Ltd (SHSE:601366) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 83, Haier Road, Laoshan District, Shandong Province, Qingdao City, CHN

Website

http://www.liquncommercialgroup.com

Liqun Commercial Group Co Ltd is engaged in retail chains with department stores, supermarkets and electrical appliances.

Executives

Hu Pei Feng	Directors, senior managers
Lu Cui Rong	senior management
Cao Li Juan	Supervisors
Luo Jun	senior management
Ding Lin	Director
Wang Wen	Directors, senior managers
Zhang Bing	senior management
Xu De Cai	Directors, senior managers
Zhang Yuan Shuang	senior management

Liqun Commercial Group Co Headlines

No Headlines