Jinli Group Holdings (TPE:8429) Days Payable : 71.30 (As of Mar. 2024)

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What is Jinli Group Holdings Days Payable?

Jinli Group Holdings's average Accounts Payable for the three months ended in Mar. 2024 was NT$8.4 Mil. Jinli Group Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$10.8 Mil. Hence, Jinli Group Holdings's Days Payable for the three months ended in Mar. 2024 was 71.30.

The historical rank and industry rank for Jinli Group Holdings's Days Payable or its related term are showing as below:

TPE:8429' s Days Payable Range Over the Past 10 Years
Min: 11.53 Med: 25.07 Max: 58.95
Current: 12.04

During the past 13 years, Jinli Group Holdings's highest Days Payable was 58.95. The lowest was 11.53. And the median was 25.07.

TPE:8429's Days Payable is ranked worse than
92.47% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs TPE:8429: 12.04

Jinli Group Holdings's Days Payable increased from Mar. 2023 (18.67) to Mar. 2024 (71.30). It may suggest that Jinli Group Holdings delayed paying its suppliers.

Jinli Group Holdings Days Payable Historical Data

The historical data trend for Jinli Group Holdings'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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Jinli Group Holdings Days Payable Chart

Jinli Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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45.28

58.95

32.81

29.11

11.53

Jinli Group Holdings 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															18.67	8.91	5.46	7.41	71.30

Competitive Comparison of Jinli Group Holdings's Days Payable

For the Apparel Manufacturing subindustry, Jinli Group Holdings'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.

Jinli Group Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jinli Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Jinli Group Holdings's Days Payable falls into.

Jinli Group Holdings 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.

Jinli Group Holdings'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
=	( (4.648	+	8.088)	/	2 )	/	201.582	*	365
=	6.368					/	201.582	*	365
=	11.53

Jinli Group Holdings'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
=	( (8.088	+	8.733)	/	2 )	/	10.764	*	365 / 4
=	8.4105					/	10.764	*	365 / 4
=	71.30

Jinli Group Holdings Days Payable Related Terms

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Jinli Group Holdings (TPE:8429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jinli Group Holdings Ltd (TPE:8429) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Qiangang Street, Room 502, 5th Floor, Shilin District, Taipei, TWN, 111

Website

http://www.jinligroup.com.tw

Jinli Group Holdings Ltd through its subsidiaries is engaged in the manufacture, processing, and sale of clothing and footwear. The company's operating segment includes Clothing and footwear and Cosmetics. It generates maximum revenue from the Clothing and footwear segment. Cosmetics segments includes the manufacture and sales of masks and cosmetics. Geographically, it derives a majority of revenue from China.

Jinli Group Holdings (TPE:8429) Headlines

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