Ningbo Fujia Industrial Co (SHSE:603219) Days Payable : 212.75 (As of Mar. 2024)

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What is Ningbo Fujia Industrial Co Days Payable?

Ningbo Fujia Industrial Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥789 Mil. Ningbo Fujia Industrial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥338 Mil. Hence, Ningbo Fujia Industrial Co's Days Payable for the three months ended in Mar. 2024 was 212.75.

The historical rank and industry rank for Ningbo Fujia Industrial Co's Days Payable or its related term are showing as below:

SHSE:603219' s Days Payable Range Over the Past 10 Years
Min: 101.6 Med: 112.23 Max: 143.65
Current: 122.31

During the past 7 years, Ningbo Fujia Industrial Co's highest Days Payable was 143.65. The lowest was 101.60. And the median was 112.23.

SHSE:603219's Days Payable is ranked better than
79.41% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.98 vs SHSE:603219: 122.31

Ningbo Fujia Industrial Co's Days Payable increased from Mar. 2023 (151.15) to Mar. 2024 (212.75). It may suggest that Ningbo Fujia Industrial Co delayed paying its suppliers.

Ningbo Fujia Industrial Co Days Payable Historical Data

The historical data trend for Ningbo Fujia Industrial 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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Ningbo Fujia Industrial Co Days Payable Chart

Ningbo Fujia Industrial Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

143.65

101.60

112.23

109.74

127.60

Ningbo Fujia Industrial Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														151.15	111.30	90.41	135.13	212.75

Competitive Comparison of Ningbo Fujia Industrial Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Ningbo Fujia Industrial 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.

Ningbo Fujia Industrial Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Ningbo Fujia Industrial Co's Days Payable falls into.

Ningbo Fujia Industrial 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.

Ningbo Fujia Industrial 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
=	( (617.725	+	884.659)	/	2 )	/	2148.725	*	365
=	751.192					/	2148.725	*	365
=	127.60

Ningbo Fujia Industrial 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
=	( (884.659	+	692.648)	/	2 )	/	338.26	*	365 / 4
=	788.6535					/	338.26	*	365 / 4
=	212.75

Ningbo Fujia Industrial Co Days Payable Related Terms

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Ningbo Fujia Industrial Co (SHSE:603219) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ningbo Fujia Industrial Co Ltd (SHSE:603219) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 303, Chang'an Road, Yangming Stree, Zhejiang Province, Yuyao, CHN, 315400

Website

http://www.furja.com

Ningbo Fujia Industrial Co Ltd is engaged in the research and development, design, production and sales of intelligent cleaning small household appliances such as vacuum cleaners, sweeping robots, and important components such as brushless motors.

Ningbo Fujia Industrial Co (SHSE:603219) Headlines

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