YouYou Foods Co (SHSE:603697) Days Payable : 10.13 (As of Mar. 2024)

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What is YouYou Foods Co Days Payable?

YouYou Foods Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥21 Mil. YouYou Foods Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥189 Mil. Hence, YouYou Foods Co's Days Payable for the three months ended in Mar. 2024 was 10.13.

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

SHSE:603697' s Days Payable Range Over the Past 10 Years
Min: 12.01 Med: 24.53 Max: 31.39
Current: 12.01

During the past 12 years, YouYou Foods Co's highest Days Payable was 31.39. The lowest was 12.01. And the median was 24.53.

SHSE:603697's Days Payable is ranked worse than
94.17% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 46.07 vs SHSE:603697: 12.01

YouYou Foods Co's Days Payable declined from Mar. 2023 (16.79) to Mar. 2024 (10.13). It may suggest that YouYou Foods Co accelerated paying its suppliers.

YouYou Foods Co Days Payable Historical Data

The historical data trend for YouYou 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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YouYou Foods Co Days Payable Chart

YouYou Foods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.94

19.13

22.65

26.40

16.58

YouYou 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															16.79	11.14	13.24	16.72	10.13

Competitive Comparison of YouYou Foods Co's Days Payable

For the Packaged Foods subindustry, YouYou 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.

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

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

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

YouYou 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.

YouYou 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
=	( (39.872	+	22.145)	/	2 )	/	682.437	*	365
=	31.0085					/	682.437	*	365
=	16.58

YouYou 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
=	( (22.145	+	19.732)	/	2 )	/	188.621	*	365 / 4
=	20.9385					/	188.621	*	365 / 4
=	10.13

YouYou Foods Co Days Payable Related Terms

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YouYou Foods Co (SHSE:603697) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » YouYou Foods Co Ltd (SHSE:603697) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No.13, Baohuan 1st Road, National Agricultural Science and Technology Park, International Food Industry City, Yubei District, Chongqing, CHN, 401120

Website

http://www.youyoufood.com

YouYou Foods Co Ltd is engaged in the research and development, production and sales of snack foods. It chicken feet, seafood, halogen, vegetarian and gift box series products.

Executives

Cui Hai Bin	Directors, senior managers
Lu You	senior management
Liu Yu Can	senior management
Li Xue Hui	Director

YouYou Foods Co (SHSE:603697) Headlines

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