GDH Supertime Group Co (SZSE:001338) Days Payable : 61.84 (As of Mar. 2024)

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What is GDH Supertime Group Co Days Payable?

GDH Supertime Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥539 Mil. GDH Supertime Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥795 Mil. Hence, GDH Supertime Group Co's Days Payable for the three months ended in Mar. 2024 was 61.84.

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

SZSE:001338' s Days Payable Range Over the Past 10 Years
Min: 29 Med: 39.64 Max: 47.96
Current: 34.05

During the past 6 years, GDH Supertime Group Co's highest Days Payable was 47.96. The lowest was 29.00. And the median was 39.64.

SZSE:001338's Days Payable is ranked worse than
84.65% of 202 companies
in the Beverages - Alcoholic industry
Industry Median: 80.55 vs SZSE:001338: 34.05

GDH Supertime Group Co's Days Payable increased from Mar. 2023 (28.82) to Mar. 2024 (61.84). It may suggest that GDH Supertime Group Co delayed paying its suppliers.

GDH Supertime Group Co Days Payable Historical Data

The historical data trend for GDH Supertime 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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GDH Supertime Group Co Days Payable Chart

GDH Supertime Group Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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42.88

36.50

30.65

29.00

42.78

GDH Supertime Group 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										28.82	18.44	22.46	51.54	61.84

Competitive Comparison of GDH Supertime Group Co's Days Payable

For the Beverages - Brewers subindustry, GDH Supertime 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.

GDH Supertime Group Co's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, GDH Supertime Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where GDH Supertime Group Co's Days Payable falls into.

GDH Supertime 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.

GDH Supertime 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
=	( (335.768	+	703.002)	/	2 )	/	4431.885	*	365
=	519.385					/	4431.885	*	365
=	42.78

GDH Supertime 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
=	( (703.002	+	374.355)	/	2 )	/	794.902	*	365 / 4
=	538.6785					/	794.902	*	365 / 4
=	61.84

GDH Supertime Group Co Days Payable Related Terms

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GDH Supertime Group Co (SZSE:001338) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » GDH Supertime Group Co Ltd (SZSE:001338) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Mingzhu Road, Room 310, Room 309, Comprehensive Building, Huangpu District, Guangdong Province, Guangzhou, CHN, 510700

Website

http://www.supertime-malting.com

GDH Supertime Group Co Ltd is engaged in the research and development, production and sales of malt.

GDH Supertime Group Co (SZSE:001338) Headlines

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