Xilinmen Furniture Co (SHSE:603008) Days Payable : 181.58 (As of Mar. 2024)

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What is Xilinmen Furniture Co Days Payable?

Xilinmen Furniture Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,332 Mil. Xilinmen Furniture Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,172 Mil. Hence, Xilinmen Furniture Co's Days Payable for the three months ended in Mar. 2024 was 181.58.

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

SHSE:603008' s Days Payable Range Over the Past 10 Years
Min: 116.05 Med: 155.7 Max: 174.28
Current: 127.38

During the past 13 years, Xilinmen Furniture Co's highest Days Payable was 174.28. The lowest was 116.05. And the median was 155.70.

SHSE:603008's Days Payable is ranked better than
81.28% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.095 vs SHSE:603008: 127.38

Xilinmen Furniture Co's Days Payable increased from Mar. 2023 (174.56) to Mar. 2024 (181.58). It may suggest that Xilinmen Furniture Co delayed paying its suppliers.

Xilinmen Furniture Co Days Payable Historical Data

The historical data trend for Xilinmen Furniture 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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Xilinmen Furniture Co Days Payable Chart

Xilinmen Furniture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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168.94

157.20

139.08

154.19

149.18

Xilinmen Furniture Co 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															174.56	115.42	116.93	117.78	181.58

Competitive Comparison of Xilinmen Furniture Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Xilinmen Furniture 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.

Xilinmen Furniture Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Xilinmen Furniture Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xilinmen Furniture Co's Days Payable falls into.

Xilinmen Furniture 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.

Xilinmen Furniture 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
=	( (2122.453	+	2533.534)	/	2 )	/	5696.002	*	365
=	2327.9935					/	5696.002	*	365
=	149.18

Xilinmen Furniture Co'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
=	( (2533.534	+	2130.519)	/	2 )	/	1171.933	*	365 / 4
=	2332.0265					/	1171.933	*	365 / 4
=	181.58

Xilinmen Furniture Co Days Payable Related Terms

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Xilinmen Furniture Co (SHSE:603008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Xilinmen Furniture Co Ltd (SHSE:603008) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.1, Second Ring Road, Xilinmen Industrial Park, Zhejiang Province, Shaoxing City, CHN, 312001

Website

http://www.chinabed.com

Xilinmen Furniture Co Ltd is a China based company engaged in manufacturing of mattresses, soft beds and related products.

Xilinmen Furniture Co (SHSE:603008) Headlines

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