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Juneyao Airlines Co (SHSE:603885) Days Payable : 40.01 (As of Mar. 2025)


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What is Juneyao Airlines Co Days Payable?

Juneyao Airlines Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥2,175 Mil. Juneyao Airlines Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥4,959 Mil. Hence, Juneyao Airlines Co's Days Payable for the three months ended in Mar. 2025 was 40.01.

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

SHSE:603885' s Days Payable Range Over the Past 10 Years
Min: 25.98   Med: 34.16   Max: 45.49
Current: 33.11

During the past 13 years, Juneyao Airlines Co's highest Days Payable was 45.49. The lowest was 25.98. And the median was 34.16.

SHSE:603885's Days Payable is ranked worse than
54.94% of 952 companies
in the Transportation industry
Industry Median: 35.82 vs SHSE:603885: 33.11

Juneyao Airlines Co's Days Payable increased from Mar. 2024 (26.14) to Mar. 2025 (40.01). It may suggest that Juneyao Airlines Co delayed paying its suppliers.


Juneyao Airlines Co Days Payable Historical Data

The historical data trend for Juneyao Airlines 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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Juneyao Airlines Co Days Payable Chart

Juneyao Airlines 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 45.49 36.12 36.34 25.98 31.48

Juneyao Airlines 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 26.14 27.68 26.53 35.67 40.01

Competitive Comparison of Juneyao Airlines Co's Days Payable

For the Airlines subindustry, Juneyao Airlines 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.


Juneyao Airlines Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Juneyao Airlines Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Juneyao Airlines Co's Days Payable falls into.


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Juneyao Airlines 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.

Juneyao Airlines 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
=( (1335.263 + 1937.89) / 2 ) / 18978.113*365
=1636.5765 / 18978.113*365
=31.48

Juneyao Airlines 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
=( (1937.89 + 2411.231) / 2 ) / 4959.386*365 / 4
=2174.5605 / 4959.386*365 / 4
=40.01

* 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.


Juneyao Airlines Co Days Payable Related Terms

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Juneyao Airlines Co Business Description

Traded in Other Exchanges
N/A
Address
Lane 2, Kangqiao East Road, Pudong New Area, Shanghai (Building 2, Building 3, Building 4 and B, Shanghai, CHN, 201210
Juneyao Airlines Co Ltd is engaged in air passenger and cargo transportation and related aviation service business within China (referring to Mainland China), Hong Kong, Macao, Taiwan and neighboring countries..

Juneyao Airlines Co Headlines

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