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A-Zenith Home Furnishings Co (SHSE:603389) Days Payable : 122.24 (As of Mar. 2025)


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What is A-Zenith Home Furnishings Co Days Payable?

A-Zenith Home Furnishings Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥47.3 Mil. A-Zenith Home Furnishings Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥35.3 Mil. Hence, A-Zenith Home Furnishings Co's Days Payable for the three months ended in Mar. 2025 was 122.24.

The historical rank and industry rank for A-Zenith Home Furnishings Co's Days Payable or its related term are showing as below:

SHSE:603389' s Days Payable Range Over the Past 10 Years
Min: 96.32   Med: 123.74   Max: 142.42
Current: 96.32

During the past 13 years, A-Zenith Home Furnishings Co's highest Days Payable was 142.42. The lowest was 96.32. And the median was 123.74.

SHSE:603389's Days Payable is ranked better than
64.29% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.585 vs SHSE:603389: 96.32

A-Zenith Home Furnishings Co's Days Payable declined from Mar. 2024 (127.32) to Mar. 2025 (122.24). It may suggest that A-Zenith Home Furnishings Co accelerated paying its suppliers.


A-Zenith Home Furnishings Co Days Payable Historical Data

The historical data trend for A-Zenith Home Furnishings 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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A-Zenith Home Furnishings Co Days Payable Chart

A-Zenith Home Furnishings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 139.16 127.82 122.86 127.82 124.35

A-Zenith Home Furnishings Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 127.32 96.43 67.28 99.81 122.24

Competitive Comparison of A-Zenith Home Furnishings Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, A-Zenith Home Furnishings 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.


A-Zenith Home Furnishings Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where A-Zenith Home Furnishings Co's Days Payable falls into.


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A-Zenith Home Furnishings 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.

A-Zenith Home Furnishings 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
=( (41.79 + 49.303) / 2 ) / 133.695*365
=45.5465 / 133.695*365
=124.35

A-Zenith Home Furnishings Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (49.303 + 45.395) / 2 ) / 35.346*365 / 4
=47.349 / 35.346*365 / 4
=122.24

* 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.


A-Zenith Home Furnishings Co Days Payable Related Terms

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A-Zenith Home Furnishings Co Business Description

Traded in Other Exchanges
N/A
Address
Yazhen Bridge, Caobu Town, Rudong County, Jiangsu Province, Shanghai, CHN, 226400
A-Zenith Home Furnishings Co Ltd is engaged in designing, manufacturing and selling of furniture. Its products include bedroom furniture, study furniture, restaurant furniture, and parlor furniture.

A-Zenith Home Furnishings Co Headlines

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