Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Days Payable : 40.92 (As of Mar. 2024)

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What is Wuxi Commercial Mansion Grand Orient Co Days Payable?

Wuxi Commercial Mansion Grand Orient Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥372 Mil. Wuxi Commercial Mansion Grand Orient Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥830 Mil. Hence, Wuxi Commercial Mansion Grand Orient Co's Days Payable for the three months ended in Mar. 2024 was 40.92.

The historical rank and industry rank for Wuxi Commercial Mansion Grand Orient Co's Days Payable or its related term are showing as below:

SHSE:600327' s Days Payable Range Over the Past 10 Years
Min: 30.69 Med: 42.4 Max: 56.61
Current: 43.93

During the past 13 years, Wuxi Commercial Mansion Grand Orient Co's highest Days Payable was 56.61. The lowest was 30.69. And the median was 42.40.

SHSE:600327's Days Payable is ranked worse than
60.22% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.41 vs SHSE:600327: 43.93

Wuxi Commercial Mansion Grand Orient Co's Days Payable declined from Mar. 2023 (41.31) to Mar. 2024 (40.92). It may suggest that Wuxi Commercial Mansion Grand Orient Co accelerated paying its suppliers.

Wuxi Commercial Mansion Grand Orient Co Days Payable Historical Data

The historical data trend for Wuxi Commercial Mansion Grand Orient 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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Wuxi Commercial Mansion Grand Orient Co Days Payable Chart

Wuxi Commercial Mansion Grand Orient Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.69

40.74

41.68

56.61

43.12

Wuxi Commercial Mansion Grand Orient 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															41.31	45.35	40.34	51.47	40.92

Competitive Comparison of Wuxi Commercial Mansion Grand Orient Co's Days Payable

For the Department Stores subindustry, Wuxi Commercial Mansion Grand Orient 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.

Wuxi Commercial Mansion Grand Orient Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wuxi Commercial Mansion Grand Orient Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Wuxi Commercial Mansion Grand Orient Co's Days Payable falls into.

Wuxi Commercial Mansion Grand Orient 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.

Wuxi Commercial Mansion Grand Orient 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
=	( (284.068	+	411.667)	/	2 )	/	2944.381	*	365
=	347.8675					/	2944.381	*	365
=	43.12

Wuxi Commercial Mansion Grand Orient 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
=	( (411.667	+	332.558)	/	2 )	/	829.749	*	365 / 4
=	372.1125					/	829.749	*	365 / 4
=	40.92

Wuxi Commercial Mansion Grand Orient Co Days Payable Related Terms

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Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wuxi Commercial Mansion Grand Orient Co Ltd (SHSE:600327) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 343 Zhongshan Road, Jiangsu Province, Wuxi, CHN, 214001

Website

http://www.eastall.com

Wuxi Commercial Mansion Grand Orient Co Ltd operates retail department stores. The company is also involved in the automotive business and food manufacturing operations.

Executives

Xie Wei Dong	Director
Gao Bing Hua	Director
Zhang Sheng Ming	senior management
Wang Jing Long	senior management
Xi Guo Liang	Director
Zhang Zhi Hua	Director
Fang Min Jia	Supervisors
Gao Jie	Supervisors
Pan Xiao Yan	Director
Xu Biao	Director
Zhang Sheng Min	Director

Wuxi Commercial Mansion Grand Orient Co (SHSE:600327) Headlines

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