Markor International Home Furnishings Co (SHSE:600337) Days Payable : 189.15 (As of Mar. 2024)

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What is Markor International Home Furnishings Co Days Payable?

Markor International Home Furnishings Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,012 Mil. Markor International Home Furnishings Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥488 Mil. Hence, Markor International Home Furnishings Co's Days Payable for the three months ended in Mar. 2024 was 189.15.

The historical rank and industry rank for Markor International Home Furnishings Co's Days Payable or its related term are showing as below:

SHSE:600337' s Days Payable Range Over the Past 10 Years
Min: 63.85 Med: 97.7 Max: 158.83
Current: 150.63

During the past 13 years, Markor International Home Furnishings Co's highest Days Payable was 158.83. The lowest was 63.85. And the median was 97.70.

SHSE:600337's Days Payable is ranked better than
86.76% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.11 vs SHSE:600337: 150.63

Markor International Home Furnishings Co's Days Payable increased from Mar. 2023 (141.61) to Mar. 2024 (189.15). It may suggest that Markor International Home Furnishings Co delayed paying its suppliers.

Markor International Home Furnishings Co Days Payable Historical Data

The historical data trend for Markor International Home Furnishings 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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Markor International Home Furnishings Co Days Payable Chart

Markor International Home Furnishings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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101.48

118.48

130.27

148.02

158.83

Markor International Home Furnishings 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															141.61	116.37	126.26	208.02	189.15

Competitive Comparison of Markor International Home Furnishings Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Markor International Home Furnishings 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.

Markor International Home Furnishings Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Markor International Home Furnishings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Markor International Home Furnishings Co's Days Payable falls into.

Markor International Home Furnishings 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.

Markor International Home Furnishings 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
=	( (998.66	+	1083.199)	/	2 )	/	2392.051	*	365
=	1040.9295					/	2392.051	*	365
=	158.83

Markor International Home Furnishings 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
=	( (1083.199	+	941.756)	/	2 )	/	488.43	*	365 / 4
=	1012.4775					/	488.43	*	365 / 4
=	189.15

Markor International Home Furnishings Co Days Payable Related Terms

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Markor International Home Furnishings Co (SHSE:600337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Markor International Home Furnishings Co Ltd (SHSE:600337) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 506, South Beijing Road, Xinjiang, Urumqi, CHN, 830011

Website

http://www.markorfurniture.com

Markor International Home Furnishings Co Ltd is engaged in production & marketing of decoration materials, solid wood furniture, polyester furniture & auxiliary products.

Markor International Home Furnishings Co (SHSE:600337) Headlines

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