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Profit Cultural & Creative Group Co (SZSE:300640) Days Payable : 37.98 (As of Sep. 2024)


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What is Profit Cultural & Creative Group Co Days Payable?

Profit Cultural & Creative Group Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥86.2 Mil. Profit Cultural & Creative Group Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥207.2 Mil. Hence, Profit Cultural & Creative Group Co's Days Payable for the three months ended in Sep. 2024 was 37.98.

The historical rank and industry rank for Profit Cultural & Creative Group Co's Days Payable or its related term are showing as below:

SZSE:300640' s Days Payable Range Over the Past 10 Years
Min: 26.2   Med: 35.6   Max: 48.72
Current: 37.07

During the past 11 years, Profit Cultural & Creative Group Co's highest Days Payable was 48.72. The lowest was 26.20. And the median was 35.60.

SZSE:300640's Days Payable is ranked worse than
61.35% of 1832 companies
in the Consumer Packaged Goods industry
Industry Median: 45.885 vs SZSE:300640: 37.07

Profit Cultural & Creative Group Co's Days Payable declined from Sep. 2023 (38.50) to Sep. 2024 (37.98). It may suggest that Profit Cultural & Creative Group Co accelerated paying its suppliers.


Profit Cultural & Creative Group Co Days Payable Historical Data

The historical data trend for Profit Cultural & Creative 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.

* Premium members only.

Profit Cultural & Creative Group Co Days Payable Chart

Profit Cultural & Creative Group 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 35.13 36.04 26.20 29.99 40.42

Profit Cultural & Creative Group 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 38.50 43.09 31.69 32.25 37.98

Competitive Comparison of Profit Cultural & Creative Group Co's Days Payable

For the Household & Personal Products subindustry, Profit Cultural & Creative 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.


Profit Cultural & Creative Group Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Profit Cultural & Creative Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Profit Cultural & Creative Group Co's Days Payable falls into.


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Profit Cultural & Creative 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.

Profit Cultural & Creative 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
=( (65.381 + 63.503) / 2 ) / 581.916*365
=64.442 / 581.916*365
=40.42

Profit Cultural & Creative Group 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
=( (83.53 + 88.93) / 2 ) / 207.178*365 / 4
=86.23 / 207.178*365 / 4
=37.98

* 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.


Profit Cultural & Creative Group Co Days Payable Related Terms

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Profit Cultural & Creative Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 22, Fuxing Avenue, Room 512, Jin'an District, Fuzhou, CHN, 350003
Profit Cultural & Creative Group Co Ltd is a China-based company is engaged in the development, design, and marketing of household products. Its product portfolio includes shoes, luggage, home furnishings, small furniture supplies, home decorations, storage boxes, furniture, and other products.
Executives
Wu Ti Fang Director
Chen Xiu Juan Executives
Wu Li Ping Supervisors
Ou Yang Jun Directors, executives
Wang Bin Directors, executives
Zhang Zhen Wei Supervisors
Chen Lan Director
Wu Bing Executives

Profit Cultural & Creative Group Co Headlines

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