Nanfang Black Sesame Group Co (SZSE:000716) Days Payable : 58.27 (As of Mar. 2024)

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What is Nanfang Black Sesame Group Co Days Payable?

Nanfang Black Sesame Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥234 Mil. Nanfang Black Sesame Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥366 Mil. Hence, Nanfang Black Sesame Group Co's Days Payable for the three months ended in Mar. 2024 was 58.27.

The historical rank and industry rank for Nanfang Black Sesame Group Co's Days Payable or its related term are showing as below:

SZSE:000716' s Days Payable Range Over the Past 10 Years
Min: 27.52 Med: 40.69 Max: 53.08
Current: 43.28

During the past 13 years, Nanfang Black Sesame Group Co's highest Days Payable was 53.08. The lowest was 27.52. And the median was 40.69.

SZSE:000716's Days Payable is ranked worse than
53.64% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs SZSE:000716: 43.28

Nanfang Black Sesame Group Co's Days Payable increased from Mar. 2023 (55.43) to Mar. 2024 (58.27). It may suggest that Nanfang Black Sesame Group Co delayed paying its suppliers.

Nanfang Black Sesame Group Co Days Payable Historical Data

The historical data trend for Nanfang Black Sesame Group 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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Nanfang Black Sesame Group Co Days Payable Chart

Nanfang Black Sesame Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.52

31.41

31.04

47.49

49.02

Nanfang Black Sesame Group 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															55.43	44.31	31.96	36.84	58.27

Competitive Comparison of Nanfang Black Sesame Group Co's Days Payable

For the Packaged Foods subindustry, Nanfang Black Sesame Group 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.

Nanfang Black Sesame Group Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nanfang Black Sesame Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanfang Black Sesame Group Co's Days Payable falls into.

Nanfang Black Sesame Group 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.

Nanfang Black Sesame Group 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
=	( (310.129	+	238.971)	/	2 )	/	2044.11	*	365
=	274.55					/	2044.11	*	365
=	49.02

Nanfang Black Sesame Group 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
=	( (238.971	+	228.204)	/	2 )	/	365.801	*	365 / 4
=	233.5875					/	365.801	*	365 / 4
=	58.27

Nanfang Black Sesame Group Co Days Payable Related Terms

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Nanfang Black Sesame Group Co (SZSE:000716) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nanfang Black Sesame Group Co Ltd (SZSE:000716) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Southern Food Road Building 36, Guangxi, CHN, 530022

Website

http://www.nanfangfood.com

Nanfang Black Sesame Group Co Ltd manufactures and sells packaged food products like black sesame paste, low sugar black sesame paste, peanut black sesame paste, milk flavored cup with black sesame paste, Black and black light fat drinks, black sesame plant selenium tablets, alcohol prebiotic black sesame paste (oat flavor), sebao oatmeal (Barrel), natural selenium-enriched rice, corn paste, and others.

Executives

Lu Zhen You	Executives
Zhou Miao Huai	Securities Affairs Representative
Zhang Zhi Hao	Independent director
Long Nai Jian	Directors, Directors, and Executives
Tan Dan Wu	Executives
Li Wen Jie	Director
Hu Po	Executives
Wei Qing Wen	Directors, executives
Chen De Kun	Director
Zhou Jue	Supervisors
Chen Fu Sheng	Director

Nanfang Black Sesame Group Co (SZSE:000716) Headlines

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