Fujian Septwolves Industry Co (SZSE:002029) Days Payable : 195.18 (As of Mar. 2024)

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What is Fujian Septwolves Industry Co Days Payable?

Fujian Septwolves Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,040 Mil. Fujian Septwolves Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥486 Mil. Hence, Fujian Septwolves Industry Co's Days Payable for the three months ended in Mar. 2024 was 195.18.

The historical rank and industry rank for Fujian Septwolves Industry Co's Days Payable or its related term are showing as below:

SZSE:002029' s Days Payable Range Over the Past 10 Years
Min: 200.79 Med: 221.78 Max: 271.29
Current: 221.76

During the past 13 years, Fujian Septwolves Industry Co's highest Days Payable was 271.29. The lowest was 200.79. And the median was 221.78.

SZSE:002029's Days Payable is ranked better than
92.75% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs SZSE:002029: 221.76

Fujian Septwolves Industry Co's Days Payable declined from Mar. 2023 (216.30) to Mar. 2024 (195.18). It may suggest that Fujian Septwolves Industry Co accelerated paying its suppliers.

Fujian Septwolves Industry Co Days Payable Historical Data

The historical data trend for Fujian Septwolves Industry 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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Fujian Septwolves Industry Co Days Payable Chart

Fujian Septwolves Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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229.92

226.69

247.10

271.29

253.18

Fujian Septwolves Industry 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															216.30	317.98	221.13	187.84	195.18

Competitive Comparison of Fujian Septwolves Industry Co's Days Payable

For the Apparel Manufacturing subindustry, Fujian Septwolves Industry 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.

Fujian Septwolves Industry Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fujian Septwolves Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Fujian Septwolves Industry Co's Days Payable falls into.

Fujian Septwolves Industry 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.

Fujian Septwolves Industry 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
=	( (1280.836	+	1112.299)	/	2 )	/	1725.053	*	365
=	1196.5675					/	1725.053	*	365
=	253.18

Fujian Septwolves Industry 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
=	( (1112.299	+	967.961)	/	2 )	/	486.274	*	365 / 4
=	1040.13					/	486.274	*	365 / 4
=	195.18

Fujian Septwolves Industry Co Days Payable Related Terms

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Fujian Septwolves Industry Co (SZSE:002029) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Fujian Septwolves Industry Co Ltd (SZSE:002029) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jinjing Town, South Industrial Zone, Fujian Province, Jinjiang, CHN, 362251

Website

http://www.septwolves.com

Fujian Septwolves Industry Co Ltd is a China-based company operates in the apparel division. It is involved in the design, production, and sale of men's clothing such as jackets, suits, coats and other accessories. These products are offered under various brands which include Septwolves, Wolf Totem, 16N, OWOOO, Mark Fairwhale, Karl Lagerfeld, and Dancing Wolves.

Fujian Septwolves Industry Co (SZSE:002029) Headlines

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