Jiahe Foods Industry Co (SHSE:605300) Days Payable : 37.77 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Jiahe Foods Industry Co Days Payable?

Jiahe Foods Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥184 Mil. Jiahe Foods Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥444 Mil. Hence, Jiahe Foods Industry Co's Days Payable for the three months ended in Mar. 2024 was 37.77.

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

SHSE:605300' s Days Payable Range Over the Past 10 Years
Min: 39.08 Med: 77.5 Max: 90.41
Current: 39.08

During the past 8 years, Jiahe Foods Industry Co's highest Days Payable was 90.41. The lowest was 39.08. And the median was 77.50.

SHSE:605300's Days Payable is ranked worse than
59.06% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs SHSE:605300: 39.08

Jiahe Foods Industry Co's Days Payable declined from Mar. 2023 (53.82) to Mar. 2024 (37.77). It may suggest that Jiahe Foods Industry Co accelerated paying its suppliers.

Jiahe Foods Industry Co Days Payable Historical Data

The historical data trend for Jiahe Foods Industry 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.

Jiahe Foods Industry Co Days Payable Chart

Jiahe Foods Industry Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

79.55

75.84

56.66

60.12

46.30

Jiahe Foods Industry Co Quarterly Data
	Dec18	Mar19	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															53.82	45.26	42.02	37.20	37.77

Competitive Comparison of Jiahe Foods Industry Co's Days Payable

For the Packaged Foods subindustry, Jiahe Foods Industry 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.

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

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

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

Jiahe Foods Industry 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.

Jiahe Foods Industry 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
=	( (361.783	+	229.439)	/	2 )	/	2330.58	*	365
=	295.611					/	2330.58	*	365
=	46.30

Jiahe Foods Industry 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
=	( (229.439	+	138.051)	/	2 )	/	443.866	*	365 / 4
=	183.745					/	443.866	*	365 / 4
=	37.77

Jiahe Foods Industry Co Days Payable Related Terms

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

Jiahe Foods Industry Co (SHSE:605300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiahe Foods Industry Co Ltd (SHSE:605300) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

127 Wufang Road, Youyi Industrial Zone, Songling Town, Wujiang District, Jiangsu Province, Suzhou, CHN, 215200

Website

https://www.jiahe-foods.cn

Jiahe Foods Industry Co Ltd is engaged in the research and development, production and sales of non-dairy creamer, coffee and other solid beverages.

Jiahe Foods Industry Co (SHSE:605300) Headlines

No Headlines