Shanghai Lonyer Date Co (SHSE:603003) Days Payable : 81.37 (As of Mar. 2024)

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What is Shanghai Lonyer Date Co Days Payable?

Shanghai Lonyer Date Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥456 Mil. Shanghai Lonyer Date Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥511 Mil. Hence, Shanghai Lonyer Date Co's Days Payable for the three months ended in Mar. 2024 was 81.37.

The historical rank and industry rank for Shanghai Lonyer Date Co's Days Payable or its related term are showing as below:

SHSE:603003' s Days Payable Range Over the Past 10 Years
Min: 3.08 Med: 11.15 Max: 108.24
Current: 108.24

During the past 13 years, Shanghai Lonyer Date Co's highest Days Payable was 108.24. The lowest was 3.08. And the median was 11.15.

SHSE:603003's Days Payable is ranked better than
68.33% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs SHSE:603003: 108.24

Shanghai Lonyer Date Co's Days Payable increased from Mar. 2023 (24.22) to Mar. 2024 (81.37). It may suggest that Shanghai Lonyer Date Co delayed paying its suppliers.

Shanghai Lonyer Date Co Days Payable Historical Data

The historical data trend for Shanghai Lonyer Date 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 Lonyer Date Co Days Payable Chart

Shanghai Lonyer Date Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

9.06

11.86

10.44

14.80

62.60

Shanghai Lonyer Date 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															24.22	29.78	24.74	-	81.37

Competitive Comparison of Shanghai Lonyer Date Co's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Shanghai Lonyer Date 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 Lonyer Date Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shanghai Lonyer Date Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Lonyer Date Co's Days Payable falls into.

Shanghai Lonyer Date 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 Lonyer Date 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
=	( (447.232	+	570.993)	/	2 )	/	2968.601	*	365
=	509.1125					/	2968.601	*	365
=	62.60

Shanghai Lonyer Date 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
=	( (570.993	+	340.07)	/	2 )	/	510.873	*	365 / 4
=	455.5315					/	510.873	*	365 / 4
=	81.37

Shanghai Lonyer Date Co Days Payable Related Terms

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Shanghai Lonyer Date Co (SHSE:603003) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shanghai Lonyer Date Co Ltd (SHSE:603003) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

710 Dongfang Road, 25th Floor, Tomson Financial Building, Pudong New Area, Shanghai, CHN

Website

https://www.lonyerdata.com

Shanghai Lonyer Date Co Ltd procures, transports, stores, blends, processes, and sells marine fuel oil. In addition, it is involved in refined oil operations, ship transportation, ship refueling, and shipping agency-related activities.

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