Panda Dairy (SZSE:300898) Days Payable : 27.26 (As of Mar. 2024)

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What is Panda Dairy Days Payable?

Panda Dairy's average Accounts Payable for the three months ended in Mar. 2024 was ¥39.3 Mil. Panda Dairy's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥131.6 Mil. Hence, Panda Dairy's Days Payable for the three months ended in Mar. 2024 was 27.26.

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

SZSE:300898' s Days Payable Range Over the Past 10 Years
Min: 14.69 Med: 22.68 Max: 35.09
Current: 19.98

During the past 12 years, Panda Dairy's highest Days Payable was 35.09. The lowest was 14.69. And the median was 22.68.

SZSE:300898's Days Payable is ranked worse than
86.79% of 1794 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs SZSE:300898: 19.98

Panda Dairy's Days Payable increased from Mar. 2023 (20.89) to Mar. 2024 (27.26). It may suggest that Panda Dairy delayed paying its suppliers.

Panda Dairy Days Payable Historical Data

The historical data trend for Panda Dairy'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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Panda Dairy Days Payable Chart

Panda Dairy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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24.12

14.69

18.41

22.43

20.15

Panda Dairy 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															20.89	17.82	16.55	20.35	27.26

Competitive Comparison of Panda Dairy's Days Payable

For the Packaged Foods subindustry, Panda Dairy'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.

Panda Dairy's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Panda Dairy's Days Payable falls into.

Panda Dairy 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.

Panda Dairy'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
=	( (40.809	+	39.582)	/	2 )	/	727.935	*	365
=	40.1955					/	727.935	*	365
=	20.15

Panda Dairy'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
=	( (39.582	+	39.03)	/	2 )	/	131.59	*	365 / 4
=	39.306					/	131.59	*	365 / 4
=	27.26

Panda Dairy Days Payable Related Terms

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Panda Dairy (SZSE:300898) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Panda Dairy Corp (SZSE:300898) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 650-668, Jianxing East Road, Zhejiang Province, Lingxi Town, Cangnan County, Wenzhou, CHN, 325800

Website

http://www.pandairy.com

Panda Dairy Corp is engaged in the production and sales of concentrated dairy products. The main products includes Panda sweetened condensed milk, evaporated milk, cheese and phytoprotein beverages.

Executives

Guo Hong	Director
Chen Mei Yue	Supervisors
Jiang Xian Zong	Supervisors
Chen Ping Hua	Executives
Lin Wen Zhen	Executives

Panda Dairy (SZSE:300898) Headlines

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