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Brother Enterprises Holding Co (SZSE:002562) Days Payable : 116.47 (As of Sep. 2024)


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What is Brother Enterprises Holding Co Days Payable?

Brother Enterprises Holding Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥896 Mil. Brother Enterprises Holding Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥702 Mil. Hence, Brother Enterprises Holding Co's Days Payable for the three months ended in Sep. 2024 was 116.47.

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

SZSE:002562' s Days Payable Range Over the Past 10 Years
Min: 80.49   Med: 158.35   Max: 296.91
Current: 112.08

During the past 13 years, Brother Enterprises Holding Co's highest Days Payable was 296.91. The lowest was 80.49. And the median was 158.35.

SZSE:002562's Days Payable is ranked better than
80.66% of 1510 companies
in the Chemicals industry
Industry Median: 59.245 vs SZSE:002562: 112.08

Brother Enterprises Holding Co's Days Payable increased from Sep. 2023 (103.76) to Sep. 2024 (116.47). It may suggest that Brother Enterprises Holding Co delayed paying its suppliers.


Brother Enterprises Holding Co Days Payable Historical Data

The historical data trend for Brother Enterprises Holding 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.

Brother Enterprises Holding Co Days Payable Chart

Brother Enterprises Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 296.91 188.58 128.11 117.06 121.25

Brother Enterprises Holding Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.76 121.04 116.56 103.84 116.47

Competitive Comparison of Brother Enterprises Holding Co's Days Payable

For the Specialty Chemicals subindustry, Brother Enterprises Holding 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.


Brother Enterprises Holding Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Brother Enterprises Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Brother Enterprises Holding Co's Days Payable falls into.



Brother Enterprises Holding 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.

Brother Enterprises Holding 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
=( (741.403 + 926.806) / 2 ) / 2510.942*365
=834.1045 / 2510.942*365
=121.25

Brother Enterprises Holding Co'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: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (939.352 + 852.524) / 2 ) / 701.94*365 / 4
=895.938 / 701.94*365 / 4
=116.47

* 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.


Brother Enterprises Holding Co Days Payable Related Terms

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Brother Enterprises Holding Co Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Caijiashiqiao, Lianmin Village, Zhejiang Province, Zhouwangmiao Town, Haining, CHN, 314407
Brother Enterprises Holding Co Ltd is engaged in the research and development, production, and sale of leather chemicals, fine chemicals, and vitamins. Its leather chemicals include tanning agents, fat liquors, additives, leather auxiliaries, and other products. The company also provides fine chemicals, such as alpha-acetyl-gamma-butyrolactone, methyl formate and beta-aminopropionic acid among others.
Executives
Zhang Yong Hui Executives
Li Jian Ping Directors, executives
Gu Ju Ying Independent director
Qian Zhi Ming Director
Qian Zhi Da Directors, executives
Shen Fei Supervisors
Zhou Zhong Ping Director
Luo Chen Supervisors
Tang Yue Qiang Executives
Qian Xiao Feng Directors, executives
Xia De Bing Supervisors
Liu Xiang Yang Director

Brother Enterprises Holding Co Headlines

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