Juewei Food Co (SHSE:603517) Days Payable : 48.51 (As of Sep. 2024)

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What is Juewei Food Co Days Payable?

Juewei Food Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥613 Mil. Juewei Food Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥1,154 Mil. Hence, Juewei Food Co's Days Payable for the three months ended in Sep. 2024 was 48.51.

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

SHSE:603517' s Days Payable Range Over the Past 10 Years
Min: 26.79 Med: 33.6 Max: 50.72
Current: 50.72

During the past 13 years, Juewei Food Co's highest Days Payable was 50.72. The lowest was 26.79. And the median was 33.60.

SHSE:603517's Days Payable is ranked better than
55.77% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs SHSE:603517: 50.72

Juewei Food Co's Days Payable increased from Sep. 2023 (41.28) to Sep. 2024 (48.51). It may suggest that Juewei Food Co delayed paying its suppliers.

Juewei Food Co Days Payable Historical Data

The historical data trend for Juewei Food 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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Juewei Food Co Days Payable Chart

Juewei Food Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.72

38.63

36.94

43.64

47.38

Juewei Food 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															41.28	52.66	52.23	50.91	48.51

Competitive Comparison of Juewei Food Co's Days Payable

For the Packaged Foods subindustry, Juewei Food 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.

Juewei Food Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Juewei Food Co's Days Payable falls into.

Juewei Food 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.

Juewei Food 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
=	( (705.36	+	712.968)	/	2 )	/	5462.869	*	365
=	709.164					/	5462.869	*	365
=	47.38

Juewei Food 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
=	( (629.057	+	597.558)	/	2 )	/	1153.677	*	365 / 4
=	613.3075					/	1153.677	*	365 / 4
=	48.51

Juewei Food Co Days Payable Related Terms

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Juewei Food Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Juewei Food Co Ltd (SHSE:603517) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 267 Wanbao Avenue, Room 1608, Wanbao Building, Furong District, Hunan Province, Changsha, CHN, 410016

Website

https://www.juewei.cn

Juewei Food Co Ltd is engaged in Research and development, production and sales of leisure marinated food.

Juewei Food Co Headlines

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