Xi'an Catering Co (SZSE:000721) Days Payable : 138.54 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Xi'an Catering Co Days Payable?

Xi'an Catering Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥264.2 Mil. Xi'an Catering Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥174.0 Mil. Hence, Xi'an Catering Co's Days Payable for the three months ended in Mar. 2024 was 138.54.

The historical rank and industry rank for Xi'an Catering Co's Days Payable or its related term are showing as below:

SZSE:000721' s Days Payable Range Over the Past 10 Years
Min: 67.32 Med: 82.26 Max: 247.48
Current: 148.39

During the past 13 years, Xi'an Catering Co's highest Days Payable was 247.48. The lowest was 67.32. And the median was 82.26.

SZSE:000721's Days Payable is ranked better than
93.82% of 340 companies
in the Restaurants industry
Industry Median: 38.115 vs SZSE:000721: 148.39

Xi'an Catering Co's Days Payable declined from Mar. 2023 (203.62) to Mar. 2024 (138.54). It may suggest that Xi'an Catering Co accelerated paying its suppliers.

Xi'an Catering Co Days Payable Historical Data

The historical data trend for Xi'an Catering 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.

* Premium members only.

Xi'an Catering Co Days Payable Chart

Xi'an Catering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

82.59

127.38

166.23

247.48

171.54

Xi'an Catering 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															203.62	181.79	168.24	117.88	138.54

Competitive Comparison of Xi'an Catering Co's Days Payable

For the Restaurants subindustry, Xi'an Catering 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.

Xi'an Catering Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Xi'an Catering Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xi'an Catering Co's Days Payable falls into.

Xi'an Catering 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.

Xi'an Catering 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
=	( (324.281	+	264.221)	/	2 )	/	626.103	*	365
=	294.251					/	626.103	*	365
=	171.54

Xi'an Catering 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
=	( (264.221	+	264.086)	/	2 )	/	173.992	*	365 / 4
=	264.1535					/	173.992	*	365 / 4
=	138.54

Xi'an Catering Co Days Payable Related Terms

Thank you for viewing the detailed overview of Xi'an Catering Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Xi'an Catering Co (SZSE:000721) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Xi'an Catering Co Ltd (SZSE:000721) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.27, West Section of South 2nd Ring, 6th Floor, Xi'an Tourism Building, Beilin District, Shaanxi, Xi'an, CHN, 710061

Website

http://www.xcsg.com

Xi'an Catering Co Ltd a China-based company, engaged in providing catering services and also has a food processing segment.

Xi'an Catering Co (SZSE:000721) Headlines

No Headlines