Ningbo Peacebird Fashion Co (SHSE:603877) Days Payable : 125.24 (As of Mar. 2025)

View and export this data going back to 2017. Start your Free Trial

What is Ningbo Peacebird Fashion Co Days Payable?

Ningbo Peacebird Fashion Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥915 Mil. Ningbo Peacebird Fashion Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥667 Mil. Hence, Ningbo Peacebird Fashion Co's Days Payable for the three months ended in Mar. 2025 was 125.24.

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

SHSE:603877' s Days Payable Range Over the Past 10 Years
Min: 100.64 Med: 151.95 Max: 178.6
Current: 100.64

During the past 13 years, Ningbo Peacebird Fashion Co's highest Days Payable was 178.60. The lowest was 100.64. And the median was 151.95.

SHSE:603877's Days Payable is ranked better than
74.63% of 1088 companies
in the Retail - Cyclical industry
Industry Median: 54.295 vs SHSE:603877: 100.64

Ningbo Peacebird Fashion Co's Days Payable increased from Mar. 2024 (93.11) to Mar. 2025 (125.24). It may suggest that Ningbo Peacebird Fashion Co delayed paying its suppliers.

Ningbo Peacebird Fashion Co Days Payable Historical Data

The historical data trend for Ningbo Peacebird Fashion 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.

* Premium members only.

Ningbo Peacebird Fashion Co Days Payable Chart

Ningbo Peacebird Fashion Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

178.60

172.49

167.93

133.63

136.73

Ningbo Peacebird Fashion 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															93.11	96.65	103.05	103.37	125.24

Competitive Comparison of Ningbo Peacebird Fashion Co's Days Payable

For the Apparel Retail subindustry, Ningbo Peacebird Fashion 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.

Ningbo Peacebird Fashion Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ningbo Peacebird Fashion Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningbo Peacebird Fashion Co's Days Payable falls into.

Save Embed

;

Save Embed

;

Ningbo Peacebird Fashion 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.

Ningbo Peacebird Fashion 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
=	( (986.791	+	1294.561)	/	2 )	/	3045.097	*	365
=	1140.676					/	3045.097	*	365
=	136.73

Ningbo Peacebird Fashion 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
=	( (1294.561	+	535.204)	/	2 )	/	666.562	*	365 / 4
=	914.8825					/	666.562	*	365 / 4
=	125.24

Ningbo Peacebird Fashion Co Days Payable Related Terms

Thank you for viewing the detailed overview of Ningbo Peacebird Fashion Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ningbo Peacebird Fashion Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ningbo Peacebird Fashion Co Ltd (SHSE:603877) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 826, South Section of Huancheng West Road, Haishu, Ningbo, Zhejiang, Ningbo, CHN, 315011

Website

http://www.peacebird.com

Ningbo Peacebird Fashion Co Ltd is a retail-oriented multi-brand fashion company. It focuses on providing customers with fashion products of high quality at the competitive price. The main products of the company include women's, men's and children's clothing, and the main brand contains PEACEBIRD, PEACEBIRD, LED'IN, MATERIAL GIRL, AMAZING PEACE, Mini Peace, and among others. It holds more than 4000 stores across 31 provinces, autonomous regions, and municipalities. Geographically, it operates through China, however, its products are distributed in both Chinese and international market.

Executives

Wang Qing Lin	senior management
Wang Ming Feng	Directors, senior managers
Hong Yang Wei	senior management
Weng Jiang Hong	Directors, senior managers
Ou Li Min	senior management
Dai Zhi Yong	Director
Rong Yi Qin	Supervisors
Chen Hong Chao	Director
Zhang Jiang Ping	Director
Zhang Jiang Bo	Director
Shi Chao Qi	senior management
Zhang Ting	senior management
Shen Ya Xin	senior management
Lou Jia Zi	senior management

Ningbo Peacebird Fashion Co Headlines

No Headlines