Sk Shu Paint Co (SHSE:603737) Days Payable : 350.86 (As of Mar. 2024)

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What is Sk Shu Paint Co Days Payable?

Sk Shu Paint Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥5,689 Mil. Sk Shu Paint Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,480 Mil. Hence, Sk Shu Paint Co's Days Payable for the three months ended in Mar. 2024 was 350.86.

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

SHSE:603737' s Days Payable Range Over the Past 10 Years
Min: 70.71 Med: 149.1 Max: 256.78
Current: 242.47

During the past 13 years, Sk Shu Paint Co's highest Days Payable was 256.78. The lowest was 70.71. And the median was 149.10.

SHSE:603737's Days Payable is ranked better than
95.95% of 1506 companies
in the Chemicals industry
Industry Median: 61.065 vs SHSE:603737: 242.47

Sk Shu Paint Co's Days Payable increased from Mar. 2023 (338.95) to Mar. 2024 (350.86). It may suggest that Sk Shu Paint Co delayed paying its suppliers.

Sk Shu Paint Co Days Payable Historical Data

The historical data trend for Sk Shu Paint 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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Sk Shu Paint Co Days Payable Chart

Sk Shu Paint Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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151.45

183.74

188.65

251.73

256.78

Sk Shu Paint 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															338.95	193.84	223.94	274.83	350.86

Competitive Comparison of Sk Shu Paint Co's Days Payable

For the Specialty Chemicals subindustry, Sk Shu Paint 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.

Sk Shu Paint Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sk Shu Paint Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sk Shu Paint Co's Days Payable falls into.

Sk Shu Paint 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.

Sk Shu Paint 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
=	( (5931.766	+	6090.672)	/	2 )	/	8544.727	*	365
=	6011.219					/	8544.727	*	365
=	256.78

Sk Shu Paint 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
=	( (6090.672	+	5286.816)	/	2 )	/	1479.512	*	365 / 4
=	5688.744					/	1479.512	*	365 / 4
=	350.86

Sk Shu Paint Co Days Payable Related Terms

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Sk Shu Paint Co (SHSE:603737) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sk Shu Paint Co Ltd (SHSE:603737) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 518 LIyuan North Road, Licheng District, Fujian Province, Putian City, CHN, 351100

Website

http://www.skshu.com.cn

Sk Shu Paint Co Ltd operates in the business of paint products. It offers decorative paints, such as interior paints; architectural coatings, including floor paints, granite paints, stone covers, texture paints, and rock chip paints; wood paints comprising ultraviolet, PU, and NC paints; and auxiliary materials consisting of adhesives, waterproof paints, and putty.

Executives

Zhao Fu Wei	Supervisors
Mi Li	Directors, senior managers
Peng Yong Sen	Supervisors
Hong Jie	Directors, senior managers
Lin De Dian	senior management
Zhu Qi Feng	Directors, senior managers
Lin Li Zhong	Director
Cai Wei Ting	Supervisors
Huang Sheng Lin	senior management
Fang Guo Qin	Directors, senior managers
Chen Chao Yang	Supervisors

Sk Shu Paint Co (SHSE:603737) Headlines

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