Jimu Group (HKSE:08187) Days Payable : 44.89 (As of Dec. 2023)

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What is Jimu Group Days Payable?

Jimu Group's average Accounts Payable for the three months ended in Dec. 2023 was HK$4.00 Mil. Jimu Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$8.12 Mil. Hence, Jimu Group's Days Payable for the three months ended in Dec. 2023 was 44.89.

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

HKSE:08187' s Days Payable Range Over the Past 10 Years
Min: 8.24 Med: 61.39 Max: 377.91
Current: 82.67

During the past 11 years, Jimu Group's highest Days Payable was 377.91. The lowest was 8.24. And the median was 61.39.

HKSE:08187's Days Payable is ranked better than
69.21% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs HKSE:08187: 82.67

Jimu Group's Days Payable declined from Dec. 2022 (79.58) to Dec. 2023 (44.89). It may suggest that Jimu Group accelerated paying its suppliers.

Jimu Group Days Payable Historical Data

The historical data trend for Jimu Group'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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Jimu Group Days Payable Chart

Jimu Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.89

8.24

377.91

94.32

72.34

Jimu Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															79.58	109.05	87.82	173.75	44.89

Competitive Comparison of Jimu Group's Days Payable

For the Footwear & Accessories subindustry, Jimu Group'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.

Jimu Group's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jimu Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Jimu Group's Days Payable falls into.

Jimu Group 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.

Jimu Group'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
=	( (4.405	+	3.995)	/	2 )	/	21.192	*	365
=	4.2					/	21.192	*	365
=	72.34

Jimu Group's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	3.995)	/	1 )	/	8.121	*	365 / 4
=	3.995					/	8.121	*	365 / 4
=	44.89

Jimu Group Days Payable Related Terms

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Jimu Group (HKSE:08187) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jimu Group Ltd (HKSE:08187) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 54-62 Lockhart Road, Unit 06, 12th Floor, The Broadway, Hong Kong, HKG

Website

https://www.jimugroup8187.com

Jimu Group Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the footwear business and the provision of loan facilitation services. The company operates in two segments footwear and apparel businesses which include trading of footwear and apparel, and loan facilitation and credit assessment services which include the provision of pre-loan facilitation services, post-loan facilitation services, and credit assessment services. The company generates the majority of its revenue from footwear and apparel businesses. Geographically, the group has a business presence all over the world.

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