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Jayud Global Logistics (Jayud Global Logistics) Days Payable : 22.25 (As of Dec. 2023)


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What is Jayud Global Logistics Days Payable?

Jayud Global Logistics's average Accounts Payable for the six months ended in Dec. 2023 was $5.87 Mil. Jayud Global Logistics's Cost of Goods Sold for the six months ended in Dec. 2023 was $48.13 Mil. Hence, Jayud Global Logistics's Days Payable for the six months ended in Dec. 2023 was 22.25.

The historical rank and industry rank for Jayud Global Logistics's Days Payable or its related term are showing as below:

JYD' s Days Payable Range Over the Past 10 Years
Min: 25.81   Med: 46.08   Max: 56.06
Current: 26.07

During the past 4 years, Jayud Global Logistics's highest Days Payable was 56.06. The lowest was 25.81. And the median was 46.08.

JYD's Days Payable is ranked worse than
71.12% of 935 companies
in the Transportation industry
Industry Median: 39.02 vs JYD: 26.07

Jayud Global Logistics's Days Payable declined from Dec. 2022 (38.88) to Dec. 2023 (22.25). It may suggest that Jayud Global Logistics accelerated paying its suppliers.


Jayud Global Logistics Days Payable Historical Data

The historical data trend for Jayud Global Logistics'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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Jayud Global Logistics Days Payable Chart

Jayud Global Logistics Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
56.06 51.12 41.03 25.81

Jayud Global Logistics Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial 52.50 34.91 38.88 34.17 22.25

Competitive Comparison of Jayud Global Logistics's Days Payable

For the Integrated Freight & Logistics subindustry, Jayud Global Logistics'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.


Jayud Global Logistics's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jayud Global Logistics's Days Payable distribution charts can be found below:

* The bar in red indicates where Jayud Global Logistics's Days Payable falls into.



Jayud Global Logistics 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.

Jayud Global Logistics'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
=( (3.668 + 6.508) / 2 ) / 71.95*365
=5.088 / 71.95*365
=25.81

Jayud Global Logistics'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (5.226 + 6.508) / 2 ) / 48.128*365 / 2
=5.867 / 48.128*365 / 2
=22.25

* 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.


Jayud Global Logistics Days Payable Related Terms

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Jayud Global Logistics (Jayud Global Logistics) Business Description

Traded in Other Exchanges
N/A
Address
Shenyan Road, 4th Floor, Building 4, Shatoujiao Free Trade Zone, Yantian District, Shenzhen, CHN
Jayud Global Logistics Ltd is a end-to-end supply chain solution providers in China, with a focus on providing cross-border logistics services. It offers freight forwarding services, (ii) supply chain management, and (iii) other value-added services.