Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Days Payable : 386.23 (As of Mar. 2024)

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What is Shanghai Jinqiao Export Processing Zone Development Co Days Payable?

Shanghai Jinqiao Export Processing Zone Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,344 Mil. Shanghai Jinqiao Export Processing Zone Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥317 Mil. Hence, Shanghai Jinqiao Export Processing Zone Development Co's Days Payable for the three months ended in Mar. 2024 was 386.23.

The historical rank and industry rank for Shanghai Jinqiao Export Processing Zone Development Co's Days Payable or its related term are showing as below:

SHSE:600639' s Days Payable Range Over the Past 10 Years
Min: 185.05 Med: 302.71 Max: 819.93
Current: 345.55

During the past 13 years, Shanghai Jinqiao Export Processing Zone Development Co's highest Days Payable was 819.93. The lowest was 185.05. And the median was 302.71.

SHSE:600639's Days Payable is ranked better than
82.27% of 1579 companies
in the Real Estate industry
Industry Median: 98.03 vs SHSE:600639: 345.55

Shanghai Jinqiao Export Processing Zone Development Co's Days Payable increased from Mar. 2023 (125.52) to Mar. 2024 (386.23). It may suggest that Shanghai Jinqiao Export Processing Zone Development Co delayed paying its suppliers.

Shanghai Jinqiao Export Processing Zone Development Co Days Payable Historical Data

The historical data trend for Shanghai Jinqiao Export Processing Zone Development 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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Shanghai Jinqiao Export Processing Zone Development Co Days Payable Chart

Shanghai Jinqiao Export Processing Zone Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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205.88

185.05

378.09

353.37

257.82

Shanghai Jinqiao Export Processing Zone Development 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															125.52	560.57	707.48	192.28	386.23

Competitive Comparison of Shanghai Jinqiao Export Processing Zone Development Co's Days Payable

For the Real Estate - Development subindustry, Shanghai Jinqiao Export Processing Zone Development 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.

Shanghai Jinqiao Export Processing Zone Development Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai Jinqiao Export Processing Zone Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Jinqiao Export Processing Zone Development Co's Days Payable falls into.

Shanghai Jinqiao Export Processing Zone Development 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.

Shanghai Jinqiao Export Processing Zone Development 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
=	( (1396.622	+	1572.829)	/	2 )	/	2101.985	*	365
=	1484.7255					/	2101.985	*	365
=	257.82

Shanghai Jinqiao Export Processing Zone Development 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
=	( (1572.829	+	1114.578)	/	2 )	/	317.465	*	365 / 4
=	1343.7035					/	317.465	*	365 / 4
=	386.23

Shanghai Jinqiao Export Processing Zone Development Co Days Payable Related Terms

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Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai Jinqiao Export Processing Zone Development Co Ltd (SHSE:600639) » Definitions » Days Payable

Traded in Other Exchanges

900911:China

Address

No. 28 Jinqiao Road, Shanghai) Free Trade Experimental Zone, Shanghai, CHN, 201206

Website

http://www.pdjq.com.cn

Shanghai Jinqiao Export Processing Zone Development Co Ltd is a real estate development company. It primarily focuses on industrial real estate and traditional real estate industry development. The company's operations predominantly consist of real estate leasing, real estate sales and serviced apartment leasing.

Executives

Dai Yan Ni	senior management
Xiao Ke Ping	Supervisors
Lv Wei	Director

Shanghai Jinqiao Export Processing Zone Development Co (SHSE:600639) Headlines

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