Great Sun Foods Co (SHSE:603336) Days Payable : 20.47 (As of Mar. 2024)

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What is Great Sun Foods Co Days Payable?

Great Sun Foods Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥44 Mil. Great Sun Foods Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥195 Mil. Hence, Great Sun Foods Co's Days Payable for the three months ended in Mar. 2024 was 20.47.

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

SHSE:603336' s Days Payable Range Over the Past 10 Years
Min: 9.31 Med: 17.87 Max: 19.74
Current: 15.13

During the past 13 years, Great Sun Foods Co's highest Days Payable was 19.74. The lowest was 9.31. And the median was 17.87.

SHSE:603336's Days Payable is ranked worse than
91.61% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs SHSE:603336: 15.13

Great Sun Foods Co's Days Payable increased from Mar. 2023 (17.55) to Mar. 2024 (20.47). It may suggest that Great Sun Foods Co delayed paying its suppliers.

Great Sun Foods Co Days Payable Historical Data

The historical data trend for Great Sun Foods 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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Great Sun Foods Co Days Payable Chart

Great Sun Foods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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13.29

17.56

18.78

15.19

18.17

Great Sun Foods 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															17.55	17.00	13.44	12.84	20.47

Competitive Comparison of Great Sun Foods Co's Days Payable

For the Farm Products subindustry, Great Sun Foods 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.

Great Sun Foods Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Great Sun Foods Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Great Sun Foods Co's Days Payable falls into.

Great Sun Foods 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.

Great Sun Foods 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
=	( (47.33	+	52.102)	/	2 )	/	998.821	*	365
=	49.716					/	998.821	*	365
=	18.17

Great Sun Foods 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
=	( (52.102	+	35.306)	/	2 )	/	194.792	*	365 / 4
=	43.704					/	194.792	*	365 / 4
=	20.47

Great Sun Foods Co Days Payable Related Terms

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Great Sun Foods Co (SHSE:603336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Great Sun Foods Co Ltd (SHSE:603336) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 13, Yujin Middle Road, Longhu District, Guangdong Province, Shantou, CHN, 515041

Website

http://www.greatsunfoods.com

Great Sun Foods Co Ltd is the Chinese company operating in the agricultural and sideline food processing industry. The company is engaged in the provision of plantation management, post-harvest acquisition, pre-cooling, frozen storage, pre-selection classification, processing and packaging and cold chain distribution. It provides more than 46 categories of fruits and 43 categories of vegetables, with different varieties from all parts of China and abroad.

Great Sun Foods Co (SHSE:603336) Headlines

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