Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) Days Payable : 366.03 (As of Mar. 2024)

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What is Jiangsu Chunlan Refrigerating Equipment Stock Co Days Payable?

Jiangsu Chunlan Refrigerating Equipment Stock Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥43.4 Mil. Jiangsu Chunlan Refrigerating Equipment Stock Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥10.8 Mil. Hence, Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable for the three months ended in Mar. 2024 was 366.03.

The historical rank and industry rank for Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable or its related term are showing as below:

SHSE:600854' s Days Payable Range Over the Past 10 Years
Min: 73.96 Med: 277.4 Max: 578.41
Current: 301.59

During the past 13 years, Jiangsu Chunlan Refrigerating Equipment Stock Co's highest Days Payable was 578.41. The lowest was 73.96. And the median was 277.40.

SHSE:600854's Days Payable is ranked better than
97.04% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.03 vs SHSE:600854: 301.59

Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable increased from Mar. 2023 (119.22) to Mar. 2024 (366.03). It may suggest that Jiangsu Chunlan Refrigerating Equipment Stock Co delayed paying its suppliers.

Jiangsu Chunlan Refrigerating Equipment Stock Co Days Payable Historical Data

The historical data trend for Jiangsu Chunlan Refrigerating Equipment Stock 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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Jiangsu Chunlan Refrigerating Equipment Stock Co Days Payable Chart

Jiangsu Chunlan Refrigerating Equipment Stock Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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325.37

244.29

318.69

236.81

237.52

Jiangsu Chunlan Refrigerating Equipment Stock 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															119.22	234.78	310.95	339.70	366.03

Competitive Comparison of Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Jiangsu Chunlan Refrigerating Equipment Stock 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.

Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Chunlan Refrigerating Equipment Stock Co's Days Payable falls into.

Jiangsu Chunlan Refrigerating Equipment Stock 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.

Jiangsu Chunlan Refrigerating Equipment Stock 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
=	( (72.253	+	44.231)	/	2 )	/	89.502	*	365
=	58.242					/	89.502	*	365
=	237.52

Jiangsu Chunlan Refrigerating Equipment Stock 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
=	( (44.231	+	42.492)	/	2 )	/	10.81	*	365 / 4
=	43.3615					/	10.81	*	365 / 4
=	366.03

Jiangsu Chunlan Refrigerating Equipment Stock Co Days Payable Related Terms

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Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd (SHSE:600854) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 1 Chunlan Road, Chunlan Industrial Park, 10th Floor, Jiangsu Province, Taizhou, CHN, 225300

Website

http://www.chunlan.com

Jiangsu Chunlan Refrigerating Equipment Stock Co Ltd is a China-based company. It is a diversified, high-tech and internationalized modern company in manufacturing, research, investment and trade areas. Its product profile includes Residential Air Conditioners, Commercial Air Conditioners, and Power Battery and BMS. Residential Air Conditioners are further divided into Africa Products, Australia Products, Mid-East Products, Asia Products, and others. Commercial Air Conditioners is divided into Light Commercial Products, Multi-connected DC Invertors Series, and Chiller Series.

Executives

Ma Shao Qian	Director
Liu Shun Yu	Supervisors
Xu Cheng Ye	Supervisors

Jiangsu Chunlan Refrigerating Equipment Stock Co (SHSE:600854) Headlines

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