Sportsoul Co (SZSE:001300) Days Payable : 77.31 (As of Mar. 2024)

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What is Sportsoul Co Days Payable?

Sportsoul Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥100.5 Mil. Sportsoul Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥118.6 Mil. Hence, Sportsoul Co's Days Payable for the three months ended in Mar. 2024 was 77.31.

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

SZSE:001300' s Days Payable Range Over the Past 10 Years
Min: 91.02 Med: 127.29 Max: 143.13
Current: 91.02

During the past 6 years, Sportsoul Co's highest Days Payable was 143.13. The lowest was 91.02. And the median was 127.29.

SZSE:001300's Days Payable is ranked better than
63% of 754 companies
in the Travel & Leisure industry
Industry Median: 58.165 vs SZSE:001300: 91.02

Sportsoul Co's Days Payable declined from Mar. 2023 (95.96) to Mar. 2024 (77.31). It may suggest that Sportsoul Co accelerated paying its suppliers.

Sportsoul Co Days Payable Historical Data

The historical data trend for Sportsoul 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.

Sportsoul Co Days Payable Chart

Sportsoul Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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136.11

120.69

103.53

143.13

112.66

Sportsoul Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										95.96	119.30	74.02	89.68	77.31

Competitive Comparison of Sportsoul Co's Days Payable

For the Leisure subindustry, Sportsoul 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.

Sportsoul Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sportsoul Co's Days Payable distribution charts can be found below:

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

Sportsoul 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.

Sportsoul 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
=	( (89.841	+	89.265)	/	2 )	/	290.133	*	365
=	89.553					/	290.133	*	365
=	112.66

Sportsoul 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
=	( (89.265	+	111.643)	/	2 )	/	118.574	*	365 / 4
=	100.454					/	118.574	*	365 / 4
=	77.31

Sportsoul Co Days Payable Related Terms

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Sportsoul Co (SZSE:001300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sportsoul Co Ltd (SZSE:001300) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Ronghai 2nd Road, Chengyang District, Shandong Province, Qingdao, CHN, 266111

Website

http://www.sportsoul.com

Sportsoul Co Ltd is engaged in the research and development, design, production and sales of leisure sports and fitness equipment series products.

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