Sun Art Retail Group (STU:SRI) Days Payable : 76.55 (As of Sep. 2024)

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What is Sun Art Retail Group Days Payable?

Sun Art Retail Group's average Accounts Payable for the six months ended in Sep. 2024 was €1,398 Mil. Sun Art Retail Group's Cost of Goods Sold for the six months ended in Sep. 2024 was €3,334 Mil. Hence, Sun Art Retail Group's Days Payable for the six months ended in Sep. 2024 was 76.55.

The historical rank and industry rank for Sun Art Retail Group's Days Payable or its related term are showing as below:

STU:SRI' s Days Payable Range Over the Past 10 Years
Min: 73.77 Med: 97 Max: 119.45
Current: 77.85

During the past 13 years, Sun Art Retail Group's highest Days Payable was 119.45. The lowest was 73.77. And the median was 97.00.

STU:SRI's Days Payable is ranked better than
64.82% of 1083 companies
in the Retail - Cyclical industry
Industry Median: 54.71 vs STU:SRI: 77.85

Sun Art Retail Group's Days Payable declined from Sep. 2023 (84.58) to Sep. 2024 (76.55). It may suggest that Sun Art Retail Group accelerated paying its suppliers.

Sun Art Retail Group Days Payable Historical Data

The historical data trend for Sun Art Retail Group'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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Sun Art Retail Group Days Payable Chart

Sun Art Retail Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Mar22

Mar23

Mar24

Days Payable

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111.42

96.36

80.30

72.77

75.16

Sun Art Retail Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															81.23	74.56	84.58	76.26	76.55

Competitive Comparison of Sun Art Retail Group's Days Payable

For the Department Stores subindustry, Sun Art Retail Group'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.

Sun Art Retail Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sun Art Retail Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Sun Art Retail Group's Days Payable falls into.

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Sun Art Retail Group 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.

Sun Art Retail Group's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (1555.74	+	1317.37)	/	2 )	/	6976.364	*	365
=	1436.555					/	6976.364	*	365
=	75.16

Sun Art Retail Group's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (1317.37	+	1479.341)	/	2 )	/	3333.802	*	365 / 2
=	1398.3555					/	3333.802	*	365 / 2
=	76.55

Sun Art Retail Group Days Payable Related Terms

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Sun Art Retail Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sun Art Retail Group Ltd (STU:SRI) » Definitions » Days Payable

Traded in Other Exchanges

SURRY:USA SURRF:USA 06808:Hong Kong

Address

No. 255, Jiangchang Xi Road, Jingan District, Shanghai, CHN, 200436

Website

https://www.sunartretail.com

Sun Art Retail Group Ltd is engaged in the operation of brick-and-mortar stores and online sales channels in the People's Republic of China. It operates its business with hypermarkets, superstores, and membership stores under RT-Mart, RT-Super, and M-Club and generates revenue from the sales of goods to customers, membership fees, and rental from leasing areas in the hypermarket buildings. Geographically, the company generates all of its revenue from the People's Republic of China.