Jiajia Food Group Co (SZSE:002650) Days Payable : 30.20 (As of Mar. 2024)

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What is Jiajia Food Group Co Days Payable?

Jiajia Food Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥122 Mil. Jiajia Food Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥368 Mil. Hence, Jiajia Food Group Co's Days Payable for the three months ended in Mar. 2024 was 30.20.

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

SZSE:002650' s Days Payable Range Over the Past 10 Years
Min: 24.8 Med: 39.84 Max: 103.86
Current: 39.52

During the past 13 years, Jiajia Food Group Co's highest Days Payable was 103.86. The lowest was 24.80. And the median was 39.84.

SZSE:002650's Days Payable is ranked worse than
58.5% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs SZSE:002650: 39.52

Jiajia Food Group Co's Days Payable declined from Mar. 2023 (40.35) to Mar. 2024 (30.20). It may suggest that Jiajia Food Group Co accelerated paying its suppliers.

Jiajia Food Group Co Days Payable Historical Data

The historical data trend for Jiajia Food 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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Jiajia Food Group Co Days Payable Chart

Jiajia Food Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.77

24.80

27.99

34.35

33.46

Jiajia Food 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															40.35	38.67	38.63	46.21	30.20

Competitive Comparison of Jiajia Food Group Co's Days Payable

For the Packaged Foods subindustry, Jiajia Food 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.

Jiajia Food Group Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Jiajia Food 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.

Jiajia Food 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
=	( (124.295	+	92.392)	/	2 )	/	1181.884	*	365
=	108.3435					/	1181.884	*	365
=	33.46

Jiajia Food 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
=	( (92.392	+	151.04)	/	2 )	/	367.813	*	365 / 4
=	121.716					/	367.813	*	365 / 4
=	30.20

Jiajia Food Group Co Days Payable Related Terms

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Jiajia Food Group Co (SZSE:002650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiajia Food Group Co Ltd (SZSE:002650) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Chezhan Road, Ningxiang County Economic, Changsha, CHN, 410600

Website

http://www.jiajiagroup.com

Jiajia Food Group Co Ltd is a food manufacturing company based in China. The company is primarily engaged in the research and development, production and marketing of various types of seasonings and edible oil. Its product offering includes soy sauces, tea oils, edible oils, compound seasoning products and hot pot sauces.

Executives

Liu Yong Jiao	Directors, executives
Chen Bo Qiu	Executives
Xiao Sai Ping	Director
Yang Zhen	Directors, executives
Song Xiang Qian	Director

Jiajia Food Group Co (SZSE:002650) Headlines

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