Guangdong Jushen Logistics Co (SZSE:001202) Days Payable : 17.13 (As of Mar. 2024)

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What is Guangdong Jushen Logistics Co Days Payable?

Guangdong Jushen Logistics Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥32.9 Mil. Guangdong Jushen Logistics Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥175.6 Mil. Hence, Guangdong Jushen Logistics Co's Days Payable for the three months ended in Mar. 2024 was 17.13.

The historical rank and industry rank for Guangdong Jushen Logistics Co's Days Payable or its related term are showing as below:

SZSE:001202' s Days Payable Range Over the Past 10 Years
Min: 3.24 Med: 13.39 Max: 28.57
Current: 17

During the past 7 years, Guangdong Jushen Logistics Co's highest Days Payable was 28.57. The lowest was 3.24. And the median was 13.39.

SZSE:001202's Days Payable is ranked worse than
84.8% of 934 companies
in the Transportation industry
Industry Median: 38.63 vs SZSE:001202: 17.00

Guangdong Jushen Logistics Co's Days Payable declined from Mar. 2023 (29.74) to Mar. 2024 (17.13). It may suggest that Guangdong Jushen Logistics Co accelerated paying its suppliers.

Guangdong Jushen Logistics Co Days Payable Historical Data

The historical data trend for Guangdong Jushen Logistics 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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Guangdong Jushen Logistics Co Days Payable Chart

Guangdong Jushen Logistics Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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13.39

3.24

10.51

23.81

28.57

Guangdong Jushen Logistics 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															29.74	18.59	16.43	17.45	17.13

Competitive Comparison of Guangdong Jushen Logistics Co's Days Payable

For the Integrated Freight & Logistics subindustry, Guangdong Jushen Logistics 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.

Guangdong Jushen Logistics Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Guangdong Jushen Logistics Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Jushen Logistics Co's Days Payable falls into.

Guangdong Jushen Logistics 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.

Guangdong Jushen Logistics 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
=	( (97.291	+	35.324)	/	2 )	/	847.094	*	365
=	66.3075					/	847.094	*	365
=	28.57

Guangdong Jushen Logistics 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
=	( (35.324	+	30.574)	/	2 )	/	175.556	*	365 / 4
=	32.949					/	175.556	*	365 / 4
=	17.13

Guangdong Jushen Logistics Co Days Payable Related Terms

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Guangdong Jushen Logistics Co (SZSE:001202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Guangdong Jushen Logistics Co Ltd (SZSE:001202) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Jintai Road, Danzao Logistics Center, Room 211 and 213, 2nd Floor, Office Building, Danzao Town, Nanhai District, Guangdong Province, Foshan, CHN, 528216

Website

http://www.jushen.com

Guangdong Jushen Logistics Co Ltd focuses on the field of non-ferrous metal logistics, providing customers with integrated logistics solution design, transportation, warehousing and unloading, futures delivery and standard warehouse receipt production, cargo rights transfer registration, and warehouse management output.

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