Xiamen Jihong Co (SZSE:002803) Days Payable : 79.58 (As of Mar. 2025)

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What is Xiamen Jihong Co Days Payable?

Xiamen Jihong Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥701 Mil. Xiamen Jihong Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥803 Mil. Hence, Xiamen Jihong Co's Days Payable for the three months ended in Mar. 2025 was 79.58.

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

SZSE:002803' s Days Payable Range Over the Past 10 Years
Min: 52.91 Med: 79.56 Max: 120.33
Current: 65.5

During the past 13 years, Xiamen Jihong Co's highest Days Payable was 120.33. The lowest was 52.91. And the median was 79.56.

SZSE:002803's Days Payable is ranked better than
56.66% of 383 companies
in the Packaging & Containers industry
Industry Median: 58.44 vs SZSE:002803: 65.50

Xiamen Jihong Co's Days Payable increased from Mar. 2024 (65.52) to Mar. 2025 (79.58). It may suggest that Xiamen Jihong Co delayed paying its suppliers.

Xiamen Jihong Co Days Payable Historical Data

The historical data trend for Xiamen Jihong 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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Xiamen Jihong Co Days Payable Chart

Xiamen Jihong Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

62.38

52.91

56.03

59.16

80.02

Xiamen Jihong Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															65.52	62.82	53.79	62.21	79.58

Competitive Comparison of Xiamen Jihong Co's Days Payable

For the Packaging & Containers subindustry, Xiamen Jihong 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.

Xiamen Jihong Co's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Xiamen Jihong Co's Days Payable distribution charts can be found below:

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

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Xiamen Jihong 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.

Xiamen Jihong Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (641.884	+	717.533)	/	2 )	/	3100.405	*	365
=	679.7085					/	3100.405	*	365
=	80.02

Xiamen Jihong Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (717.533	+	683.601)	/	2 )	/	803.298	*	365 / 4
=	700.567					/	803.298	*	365 / 4
=	79.58

Xiamen Jihong Co Days Payable Related Terms

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Xiamen Jihong Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Xiamen Jihong Co Ltd (SZSE:002803) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Putou Road, Phase II, Dongfu Industrial Zone, Haicang District, Fujian Province, Xiamen, CHN, 361027

Website

http://www.jihong.cn

Xiamen Jihong Co Ltd is engaged in the Production and sales of paper containers such as color packaging cartons, color packaging boxes, and environmentally friendly paper bags; Internet precision marketing and cross-border e-commerce extended from precision marketing.

Executives

Zhuang Hao	Directors, executives
Wang Ya Peng	Director
Zhang He Ping	Directors, executives
Zhuang Shu	Directors, executives
Wang Hai Ying	Supervisors

Xiamen Jihong Co Headlines

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