Suzhou Kelida Building & Decoration Co (SHSE:603828) Days Payable : 328.30 (As of Mar. 2024)

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What is Suzhou Kelida Building & Decoration Co Days Payable?

Suzhou Kelida Building & Decoration Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,914 Mil. Suzhou Kelida Building & Decoration Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥532 Mil. Hence, Suzhou Kelida Building & Decoration Co's Days Payable for the three months ended in Mar. 2024 was 328.30.

The historical rank and industry rank for Suzhou Kelida Building & Decoration Co's Days Payable or its related term are showing as below:

SHSE:603828' s Days Payable Range Over the Past 10 Years
Min: 235.21 Med: 303.76 Max: 340.56
Current: 241.39

During the past 13 years, Suzhou Kelida Building & Decoration Co's highest Days Payable was 340.56. The lowest was 235.21. And the median was 303.76.

SHSE:603828's Days Payable is ranked better than
86.36% of 1605 companies
in the Construction industry
Industry Median: 74.58 vs SHSE:603828: 241.39

Suzhou Kelida Building & Decoration Co's Days Payable declined from Mar. 2023 (414.52) to Mar. 2024 (328.30). It may suggest that Suzhou Kelida Building & Decoration Co accelerated paying its suppliers.

Suzhou Kelida Building & Decoration Co Days Payable Historical Data

The historical data trend for Suzhou Kelida Building & Decoration 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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Suzhou Kelida Building & Decoration Co Days Payable Chart

Suzhou Kelida Building & Decoration Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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332.23

293.80

302.18

340.56

310.42

Suzhou Kelida Building & Decoration 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															414.52	214.09	219.53	216.75	328.30

Competitive Comparison of Suzhou Kelida Building & Decoration Co's Days Payable

For the Engineering & Construction subindustry, Suzhou Kelida Building & Decoration 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.

Suzhou Kelida Building & Decoration Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Suzhou Kelida Building & Decoration Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Suzhou Kelida Building & Decoration Co's Days Payable falls into.

Suzhou Kelida Building & Decoration 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.

Suzhou Kelida Building & Decoration 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
=	( (1780.214	+	1979.09)	/	2 )	/	2210.111	*	365
=	1879.652					/	2210.111	*	365
=	310.42

Suzhou Kelida Building & Decoration 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
=	( (1979.09	+	1849.604)	/	2 )	/	532.081	*	365 / 4
=	1914.347					/	532.081	*	365 / 4
=	328.30

Suzhou Kelida Building & Decoration Co Days Payable Related Terms

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Suzhou Kelida Building & Decoration Co (SHSE:603828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Suzhou Kelida Building & Decoration Co Ltd (SHSE:603828) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

99 Canal Road, High-tech Zone, Suzhou, CHN, 215011

Website

http://www.kldzs.com

Suzhou Kelida Building & Decoration Co Ltd is a China-based company which is an architectural decoration company. It is engaged in the design and construction of building walls and public building decoration works. The Company provides decoration work for airports, performing arts centers, and conference & sports centers.

Suzhou Kelida Building & Decoration Co (SHSE:603828) Headlines

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