China Quanjude (Group) Co (SZSE:002186) Days Payable : 50.33 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is China Quanjude (Group) Co Days Payable?

China Quanjude (Group) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥159 Mil. China Quanjude (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥289 Mil. Hence, China Quanjude (Group) Co's Days Payable for the three months ended in Mar. 2024 was 50.33.

The historical rank and industry rank for China Quanjude (Group) Co's Days Payable or its related term are showing as below:

SZSE:002186' s Days Payable Range Over the Past 10 Years
Min: 42.38 Med: 48.19 Max: 68.18
Current: 51.83

During the past 13 years, China Quanjude (Group) Co's highest Days Payable was 68.18. The lowest was 42.38. And the median was 48.19.

SZSE:002186's Days Payable is ranked better than
67.06% of 340 companies
in the Restaurants industry
Industry Median: 38.115 vs SZSE:002186: 51.83

China Quanjude (Group) Co's Days Payable declined from Mar. 2023 (56.29) to Mar. 2024 (50.33). It may suggest that China Quanjude (Group) Co accelerated paying its suppliers.

China Quanjude (Group) Co Days Payable Historical Data

The historical data trend for China Quanjude (Group) 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.

China Quanjude (Group) Co Days Payable Chart

China Quanjude (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

55.75

56.87

59.01

68.18

50.72

China Quanjude (Group) 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															56.29	53.25	52.51	54.53	50.33

Competitive Comparison of China Quanjude (Group) Co's Days Payable

For the Restaurants subindustry, China Quanjude (Group) 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.

China Quanjude (Group) Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, China Quanjude (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Quanjude (Group) Co's Days Payable falls into.

China Quanjude (Group) 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.

China Quanjude (Group) 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
=	( (161.161	+	164.716)	/	2 )	/	1172.548	*	365
=	162.9385					/	1172.548	*	365
=	50.72

China Quanjude (Group) 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
=	( (164.716	+	153.636)	/	2 )	/	288.571	*	365 / 4
=	159.176					/	288.571	*	365 / 4
=	50.33

China Quanjude (Group) Co Days Payable Related Terms

Thank you for viewing the detailed overview of China Quanjude (Group) Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

China Quanjude (Group) Co (SZSE:002186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » China Quanjude (Group) Co Ltd (SZSE:002186) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.217 Qianmenxi River Bank Street, Xuanwu District, Beijing, Beijing, CHN, 100051

Website

http://www.quanjude.com.cn

China Quanjude (Group) Co Ltd operates in the foodservice industry. The principal business activities of the company include catering service, food processing and sale of food. In addition, the company is engaged in the production and sales of Quanjude vacuum packaging roast duck and duck series cooked food products, lotus leaf cake, sweet noodle sauce and other roast duck accessories for the holiday consumer market.

Executives

Shi Bing Feng	Directors, executives
Wang Zhi Qiang	Director
Tang Li Xin	Executives
Yu Jia Xiang	Supervisors
Xing Ying	Directors, executives
Xu Jia	Executives
Tang Ying	Securities Affairs Representative
Ye Xin Nian	Executives
Wang Ru Qin	Director

China Quanjude (Group) Co (SZSE:002186) Headlines

No Headlines