Lonture Co (SZSE:300175) Days Payable : 37.46 (As of Mar. 2025)

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What is Lonture Co Days Payable?

Lonture Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥19.4 Mil. Lonture Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥47.4 Mil. Hence, Lonture Co's Days Payable for the three months ended in Mar. 2025 was 37.46.

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

SZSE:300175' s Days Payable Range Over the Past 10 Years
Min: 16.36 Med: 89.16 Max: 167.83
Current: 42.3

During the past 13 years, Lonture Co's highest Days Payable was 167.83. The lowest was 16.36. And the median was 89.16.

SZSE:300175's Days Payable is ranked worse than
53.74% of 1833 companies
in the Consumer Packaged Goods industry
Industry Median: 45.74 vs SZSE:300175: 42.30

Lonture Co's Days Payable declined from Mar. 2024 (108.43) to Mar. 2025 (37.46). It may suggest that Lonture Co accelerated paying its suppliers.

Lonture Co Days Payable Historical Data

The historical data trend for Lonture 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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Lonture Co Days Payable Chart

Lonture Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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167.83

148.36

156.46

144.95

81.56

Lonture 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															108.43	94.26	17.00	21.26	37.46

Competitive Comparison of Lonture Co's Days Payable

For the Farm Products subindustry, Lonture 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.

Lonture Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

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Lonture 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.

Lonture 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
=	( (71.915	+	25.432)	/	2 )	/	217.819	*	365
=	48.6735					/	217.819	*	365
=	81.56

Lonture 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
=	( (25.432	+	13.444)	/	2 )	/	47.352	*	365 / 4
=	19.438					/	47.352	*	365 / 4
=	37.46

Lonture Co Days Payable Related Terms

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Lonture Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lonture Co Ltd (SZSE:300175) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lontrue Road, High-Tech Industrial Park, Longkou City, Shandong Province, CHN, 265718

Website

http://www.lontrue.com

Lonture Co Ltd operates in the agricultural industry. The company is engaged in the cultivation, storage, processing, and marketing of fresh water, fruit, nuts, and dried fruit. The products of the company include flower cow apple, pear, gala apple, pecans, macadamia, red raisin, green raisin, and blackcurrent.

Executives

Lin Yi Lian	Directors, executives
Qi Da Guang	Director

Lonture Co Headlines

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