Jiangsu Provincial Agricultural Reclamation and Development Co (SHSE:601952) Days Payable : 25.65 (As of Sep. 2024)

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What is Jiangsu Provincial Agricultural Reclamation and Development Co Days Payable?

Jiangsu Provincial Agricultural Reclamation and Development Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥569 Mil. Jiangsu Provincial Agricultural Reclamation and Development Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥2,024 Mil. Hence, Jiangsu Provincial Agricultural Reclamation and Development Co's Days Payable for the three months ended in Sep. 2024 was 25.65.

The historical rank and industry rank for Jiangsu Provincial Agricultural Reclamation and Development Co's Days Payable or its related term are showing as below:

SHSE:601952' s Days Payable Range Over the Past 10 Years
Min: 10.74 Med: 16.22 Max: 23
Current: 16.9

During the past 12 years, Jiangsu Provincial Agricultural Reclamation and Development Co's highest Days Payable was 23.00. The lowest was 10.74. And the median was 16.22.

SHSE:601952's Days Payable is ranked worse than
89.78% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs SHSE:601952: 16.90

Jiangsu Provincial Agricultural Reclamation and Development Co's Days Payable increased from Sep. 2023 (12.71) to Sep. 2024 (25.65). It may suggest that Jiangsu Provincial Agricultural Reclamation and Development Co delayed paying its suppliers.

Jiangsu Provincial Agricultural Reclamation and Development Co Days Payable Historical Data

The historical data trend for Jiangsu Provincial Agricultural Reclamation and Development 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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Jiangsu Provincial Agricultural Reclamation and Development Co Days Payable Chart

Jiangsu Provincial Agricultural Reclamation and Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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12.66

13.68

10.74

11.01

13.25

Jiangsu Provincial Agricultural Reclamation and Development 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															12.71	10.83	16.25	17.93	25.65

Competitive Comparison of Jiangsu Provincial Agricultural Reclamation and Development Co's Days Payable

For the Farm Products subindustry, Jiangsu Provincial Agricultural Reclamation and Development 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.

Jiangsu Provincial Agricultural Reclamation and Development Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jiangsu Provincial Agricultural Reclamation and Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Provincial Agricultural Reclamation and Development Co's Days Payable falls into.

Jiangsu Provincial Agricultural Reclamation and Development 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.

Jiangsu Provincial Agricultural Reclamation and Development 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
=	( (379.613	+	386.383)	/	2 )	/	10547.469	*	365
=	382.998					/	10547.469	*	365
=	13.25

Jiangsu Provincial Agricultural Reclamation and Development 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
=	( (606.533	+	531.224)	/	2 )	/	2023.982	*	365 / 4
=	568.8785					/	2023.982	*	365 / 4
=	25.65

Jiangsu Provincial Agricultural Reclamation and Development Co Days Payable Related Terms

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Jiangsu Provincial Agricultural Reclamation and Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiangsu Provincial Agricultural Reclamation and Development Co Ltd (SHSE:601952) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.359 Jiangdong Middle Road, 24th Floor, Guorui Building, Jianye District, Jiangsu Province, Nanjing, CHN, 210019

Website

http://www.skiad.com.cn

Jiangsu Provincial Agricultural Reclamation and Development Co Ltd is a China-based agricultural company. It is engaged in commodity grain (seed) planting production, agricultural products processing and sales, agricultural technology research and development. The brand portfolio of the company includes Dahua and Su Shi.

Jiangsu Provincial Agricultural Reclamation and Development Co Headlines

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