Hangzhou Tianyuan Pet Products Co (SZSE:301335) Days Payable : 42.46 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Hangzhou Tianyuan Pet Products Co Days Payable?

Hangzhou Tianyuan Pet Products Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥195 Mil. Hangzhou Tianyuan Pet Products Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥419 Mil. Hence, Hangzhou Tianyuan Pet Products Co's Days Payable for the three months ended in Mar. 2024 was 42.46.

The historical rank and industry rank for Hangzhou Tianyuan Pet Products Co's Days Payable or its related term are showing as below:

SZSE:301335' s Days Payable Range Over the Past 10 Years
Min: 29.66 Med: 44.21 Max: 58.49
Current: 33.41

During the past 10 years, Hangzhou Tianyuan Pet Products Co's highest Days Payable was 58.49. The lowest was 29.66. And the median was 44.21.

SZSE:301335's Days Payable is ranked worse than
72.06% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs SZSE:301335: 33.41

Hangzhou Tianyuan Pet Products Co's Days Payable increased from Mar. 2023 (30.03) to Mar. 2024 (42.46). It may suggest that Hangzhou Tianyuan Pet Products Co delayed paying its suppliers.

Hangzhou Tianyuan Pet Products Co Days Payable Historical Data

The historical data trend for Hangzhou Tianyuan Pet Products 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.

Hangzhou Tianyuan Pet Products Co Days Payable Chart

Hangzhou Tianyuan Pet Products Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

42.26

46.15

41.80

34.41

29.66

Hangzhou Tianyuan Pet Products Co Quarterly Data
	Dec18	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															30.03	22.04	31.41	35.86	42.46

Competitive Comparison of Hangzhou Tianyuan Pet Products Co's Days Payable

For the Specialty Retail subindustry, Hangzhou Tianyuan Pet Products 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.

Hangzhou Tianyuan Pet Products Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hangzhou Tianyuan Pet Products Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hangzhou Tianyuan Pet Products Co's Days Payable falls into.

Hangzhou Tianyuan Pet Products 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.

Hangzhou Tianyuan Pet Products 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
=	( (118.149	+	154.033)	/	2 )	/	1674.939	*	365
=	136.091					/	1674.939	*	365
=	29.66

Hangzhou Tianyuan Pet Products 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
=	( (154.033	+	236.158)	/	2 )	/	419.296	*	365 / 4
=	195.0955					/	419.296	*	365 / 4
=	42.46

Hangzhou Tianyuan Pet Products Co Days Payable Related Terms

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

Hangzhou Tianyuan Pet Products Co (SZSE:301335) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hangzhou Tianyuan Pet Products Co Ltd (SZSE:301335) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xingqiao Supporting Area, Hangzhou Yuhang Economic Development Zone, Zhejiang Province, Hangzhou, CHN, 311100

Website

http://www.tianyuanpet.com

Hangzhou Tianyuan Pet Products Co Ltd focusing on the design, development, production and sales of pet products such as pet bed pads, cat climbing frame, pet toys, pet clothing, electronic smart pet supplies and pet food and other series and all categories of pet products.

Hangzhou Tianyuan Pet Products Co (SZSE:301335) Headlines

No Headlines