Guilin Tourism (SZSE:000978) Days Payable : 96.00 (As of Mar. 2024)

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What is Guilin Tourism Days Payable?

Guilin Tourism's average Accounts Payable for the three months ended in Mar. 2024 was ¥70.4 Mil. Guilin Tourism's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥66.9 Mil. Hence, Guilin Tourism's Days Payable for the three months ended in Mar. 2024 was 96.00.

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

SZSE:000978' s Days Payable Range Over the Past 10 Years
Min: 19.03 Med: 79.26 Max: 112.95
Current: 78.44

During the past 13 years, Guilin Tourism's highest Days Payable was 112.95. The lowest was 19.03. And the median was 79.26.

SZSE:000978's Days Payable is ranked better than
57.2% of 757 companies
in the Travel & Leisure industry
Industry Median: 59.94 vs SZSE:000978: 78.44

Guilin Tourism's Days Payable declined from Mar. 2023 (96.86) to Mar. 2024 (96.00). It may suggest that Guilin Tourism accelerated paying its suppliers.

Guilin Tourism Days Payable Historical Data

The historical data trend for Guilin Tourism'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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Guilin Tourism Days Payable Chart

Guilin Tourism Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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77.21

104.25

103.76

112.95

78.90

Guilin Tourism 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															96.86	87.56	65.51	74.88	96.00

Competitive Comparison of Guilin Tourism's Days Payable

For the Lodging subindustry, Guilin Tourism'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.

Guilin Tourism's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Guilin Tourism's Days Payable distribution charts can be found below:

* The bar in red indicates where Guilin Tourism's Days Payable falls into.

Guilin Tourism 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.

Guilin Tourism'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
=	( (69.977	+	71.492)	/	2 )	/	327.217	*	365
=	70.7345					/	327.217	*	365
=	78.90

Guilin Tourism'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
=	( (71.492	+	69.371)	/	2 )	/	66.946	*	365 / 4
=	70.4315					/	66.946	*	365 / 4
=	96.00

Guilin Tourism Days Payable Related Terms

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Guilin Tourism (SZSE:000978) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Guilin Tourism Corp Ltd (SZSE:000978) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27-2, Cuizhu Road, Guangxi, Guilin, CHN, 541002

Website

http://www.guilintravel.com

Guilin Tourism Corp Ltd is a China-based tourism company. It offers various travel related services including scenic spot, passenger and passenger transport, taxis, hotels, terminals, online tourism, cruise ship, and cultural performances. The company covers various tourist attractions in Guilin China including Danxia Hot Spring, resources Tianmen Mountain, lakes scenic spot, Hezhou Hot Spring and other scenic spots.

Executives

Ma De Hui	Director
Chen Luo Man	Executives
Zhou Mao Quan	Directors, executives
Liu Hong	Supervisors
Liu Xue Ming	Director
Li Fei Ying	Directors, executives
Sun Qi Zhao	Director
Xiao Di Bo	Directors, executives
Yin Lin	Director
Liu Tao	Director
Xie Xiang Yu	Directors, executives
Guo Heng Gui	Executives
Huang Xi Jun	Secretary Dong

Guilin Tourism (SZSE:000978) Headlines

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