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Shenzhen Fountain (SZSE:000005) Days Payable : 549.02 (As of Sep. 2023)


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What is Shenzhen Fountain Days Payable?

Shenzhen Fountain's average Accounts Payable for the three months ended in Sep. 2023 was ¥237.4 Mil. Shenzhen Fountain's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥39.5 Mil. Hence, Shenzhen Fountain's Days Payable for the three months ended in Sep. 2023 was 549.02.

The historical rank and industry rank for Shenzhen Fountain's Days Payable or its related term are showing as below:

SZSE:000005' s Days Payable Range Over the Past 10 Years
Min: 213.08   Med: 382.99   Max: 649.01
Current: 445.76

During the past 13 years, Shenzhen Fountain's highest Days Payable was 649.01. The lowest was 213.08. And the median was 382.99.

SZSE:000005's Days Payable is not ranked
in the Real Estate industry.
Industry Median: 99.26 vs SZSE:000005: 445.76

Shenzhen Fountain's Days Payable increased from Sep. 2022 (309.94) to Sep. 2023 (549.02). It may suggest that Shenzhen Fountain delayed paying its suppliers.


Shenzhen Fountain Days Payable Historical Data

The historical data trend for Shenzhen Fountain'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.

* Premium members only.

Shenzhen Fountain Days Payable Chart

Shenzhen Fountain Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 337.40 322.51 420.11 360.23 405.74

Shenzhen Fountain Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 309.94 257.60 860.65 519.28 549.02

Competitive Comparison of Shenzhen Fountain's Days Payable

For the Real Estate - Development subindustry, Shenzhen Fountain'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.


Shenzhen Fountain's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shenzhen Fountain's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Fountain's Days Payable falls into.



Shenzhen Fountain 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.

Shenzhen Fountain's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (263.856 + 284.62) / 2 ) / 246.704*365
=274.238 / 246.704*365
=405.74

Shenzhen Fountain's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (238.852 + 235.955) / 2 ) / 39.458*365 / 4
=237.4035 / 39.458*365 / 4
=549.02

* 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.


Shenzhen Fountain Days Payable Related Terms

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Shenzhen Fountain (SZSE:000005) Business Description

Traded in Other Exchanges
N/A
Address
Renmin South Road, Development Center Building, 13F, Shenzhen, Guangdong, CHN, 518001
Shenzhen Fountain Corp is an innovative company in the energy and environmental sector and is mainly engaged in carbon transformation efforts along its main businesses, which include sustainable real estate development, alternative transportation concepts and waste to carbon technologies.
Executives
Chen Kun Bai Director
Liu Min Er Supervisors
Zheng Lie Lie Directors, executives
Song Xiao Gang Director
Ren Sheng Jian Director
Yong Zheng Feng Supervisors
Chen Rong Quan Director

Shenzhen Fountain (SZSE:000005) Headlines

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