Global Top E-Commerce Co (SZSE:002640) Days Payable : 15.13 (As of Mar. 2024)

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What is Global Top E-Commerce Co Days Payable?

Global Top E-Commerce Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥185 Mil. Global Top E-Commerce Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,116 Mil. Hence, Global Top E-Commerce Co's Days Payable for the three months ended in Mar. 2024 was 15.13.

The historical rank and industry rank for Global Top E-Commerce Co's Days Payable or its related term are showing as below:

SZSE:002640' s Days Payable Range Over the Past 10 Years
Min: 13.27 Med: 50.89 Max: 124.29
Current: 13.27

During the past 13 years, Global Top E-Commerce Co's highest Days Payable was 124.29. The lowest was 13.27. And the median was 50.89.

SZSE:002640's Days Payable is ranked worse than
90.3% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 55.735 vs SZSE:002640: 13.27

Global Top E-Commerce Co's Days Payable increased from Mar. 2023 (14.32) to Mar. 2024 (15.13). It may suggest that Global Top E-Commerce Co delayed paying its suppliers.

Global Top E-Commerce Co Days Payable Historical Data

The historical data trend for Global Top E-Commerce 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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Global Top E-Commerce Co Days Payable Chart

Global Top E-Commerce Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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48.54

63.15

58.97

15.28

13.55

Global Top E-Commerce 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															14.32	12.56	14.43	12.19	15.13

Competitive Comparison of Global Top E-Commerce Co's Days Payable

For the Internet Retail subindustry, Global Top E-Commerce 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.

Global Top E-Commerce Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Global Top E-Commerce Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Global Top E-Commerce Co's Days Payable falls into.

Global Top E-Commerce 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.

Global Top E-Commerce 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
=	( (238.061	+	195.074)	/	2 )	/	5835.163	*	365
=	216.5675					/	5835.163	*	365
=	13.55

Global Top E-Commerce 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
=	( (195.074	+	175.066)	/	2 )	/	1116.38	*	365 / 4
=	185.07					/	1116.38	*	365 / 4
=	15.13

Global Top E-Commerce Co Days Payable Related Terms

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Global Top E-Commerce Co (SZSE:002640) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Global Top E-Commerce Co Ltd (SZSE:002640) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 632 Jianshe South Road, Shanxi, Taiyuan, CHN, 030006

Website

http://www.kjtbao.com

Global Top E-Commerce Co Ltd is a China-based cross-border e-commerce enterprise. It distributes apparel and household products, electronic products, dress and personal adornment and cosmetics and other products through its e-commerce distribution platforms.

Executives

Yang Jian Xin	Executives
Wang Li Zhu	Independent director
Cai Zhao Bao	Executives
Li Yong	Director
Wu Yi Yi	Executives
Gong Jian	Supervisors
Lin Xu Chao	Executives
Zhang Qian	Supervisors
Ban Jun Peng	Executives
Ji Yong	Executives
Zhang Hong Xia	Directors, Directors, and Executives
Xie Yu Jia	Executives
Lu Pei Gang	Director
Li Yu Xia	Directors, executives
Gao Li	Supervisors

Global Top E-Commerce Co (SZSE:002640) Headlines

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