Anhui Xinli Finance Co (SHSE:600318) Days Payable : 545.23 (As of Mar. 2024)

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What is Anhui Xinli Finance Co Days Payable?

Anhui Xinli Finance Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥79.0 Mil. Anhui Xinli Finance Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥13.2 Mil. Hence, Anhui Xinli Finance Co's Days Payable for the three months ended in Mar. 2024 was 545.23.

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

SHSE:600318' s Days Payable Range Over the Past 10 Years
Min: 0.04 Med: 41.01 Max: 462.53
Current: 455.03

During the past 13 years, Anhui Xinli Finance Co's highest Days Payable was 462.53. The lowest was 0.04. And the median was 41.01.

SHSE:600318's Days Payable is ranked better than
82.05% of 468 companies
in the Asset Management industry
Industry Median: 70.455 vs SHSE:600318: 455.03

Anhui Xinli Finance Co's Days Payable increased from Mar. 2023 (424.04) to Mar. 2024 (545.23). It may suggest that Anhui Xinli Finance Co delayed paying its suppliers.

Anhui Xinli Finance Co Days Payable Historical Data

The historical data trend for Anhui Xinli Finance 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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Anhui Xinli Finance Co Days Payable Chart

Anhui Xinli Finance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

0.04

2.76

12.99

225.41

462.53

Anhui Xinli Finance Co 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															424.04	394.62	336.65	536.62	545.23

Competitive Comparison of Anhui Xinli Finance Co's Days Payable

For the Asset Management subindustry, Anhui Xinli Finance 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.

Anhui Xinli Finance Co's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Anhui Xinli Finance Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Xinli Finance Co's Days Payable falls into.

Anhui Xinli Finance 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.

Anhui Xinli Finance 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
=	( (72.915	+	77.394)	/	2 )	/	59.307	*	365
=	75.1545					/	59.307	*	365
=	462.53

Anhui Xinli Finance Co'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
=	( (77.394	+	80.564)	/	2 )	/	13.218	*	365 / 4
=	78.979					/	13.218	*	365 / 4
=	545.23

Anhui Xinli Finance Co Days Payable Related Terms

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Anhui Xinli Finance Co (SHSE:600318) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Anhui Xinli Finance Co Ltd (SHSE:600318) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 269 Changjiang West Road, Chaohu, Anhui, CHN, 238001

Website

http://www.xinlitouzi.cn

Anhui Xinli Finance Co Ltd is focused on financial equity investment and asset management. The Group is positioned as a comprehensive financial enterprise featuring rural financial services and Internet finance. It has developed into a financial holding group that covers financial security, small loans, pawn shops, financial leasing, Internet finance (P2P), fund management, asset management and other seven financial institutions. Geographically operates the business through the region of China.

Executives

Dong Fei	Supervisors
Hong Zhi Cheng	senior management
Sun Fu Lai	senior management
Liu Yang	senior management
Zhang Yue	Supervisors
Xu Sheng Ming	Director
Qian Yuan Wen	Supervisors
Meng Qing Li	senior management
Zhong Gang	senior management
Xu Li Xin	Director

Anhui Xinli Finance Co (SHSE:600318) Headlines

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