XJ International Holdings Co (HKSE:01765) Days Payable : 27.77 (As of Aug. 2023)

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What is XJ International Holdings Co Days Payable?

XJ International Holdings Co's average Accounts Payable for the six months ended in Aug. 2023 was HK$154 Mil. XJ International Holdings Co's Cost of Goods Sold for the six months ended in Aug. 2023 was HK$1,014 Mil. Hence, XJ International Holdings Co's Days Payable for the six months ended in Aug. 2023 was 27.77.

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

HKSE:01765' s Days Payable Range Over the Past 10 Years
Min: 17.17 Med: 24.91 Max: 33.2
Current: 29.13

During the past 6 years, XJ International Holdings Co's highest Days Payable was 33.20. The lowest was 17.17. And the median was 24.91.

HKSE:01765's Days Payable is ranked worse than
57.28% of 213 companies
in the Education industry
Industry Median: 37.29 vs HKSE:01765: 29.13

XJ International Holdings Co's Days Payable declined from Aug. 2022 (52.04) to Aug. 2023 (27.77). It may suggest that XJ International Holdings Co accelerated paying its suppliers.

XJ International Holdings Co Days Payable Historical Data

The historical data trend for XJ International Holdings 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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XJ International Holdings Co Days Payable Chart

XJ International Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Aug21

Aug22

Aug23

Days Payable

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18.68

17.17

31.13

33.20

XJ International Holdings Co Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial								44.40	52.04	32.95	27.77	20.80

Competitive Comparison of XJ International Holdings Co's Days Payable

For the Education & Training Services subindustry, XJ International Holdings 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.

XJ International Holdings Co's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, XJ International Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where XJ International Holdings Co's Days Payable falls into.

XJ International Holdings 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.

XJ International Holdings Co's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (231.834	+	141.684)	/	2 )	/	2052.992	*	365
=	186.759					/	2052.992	*	365
=	33.20

XJ International Holdings Co's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (166.901	+	141.684)	/	2 )	/	1014.057	*	365 / 2
=	154.2925					/	1014.057	*	365 / 2
=	27.77

XJ International Holdings Co Days Payable Related Terms

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XJ International Holdings Co (HKSE:01765) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » XJ International Holdings Co Ltd (HKSE:01765) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HE1:Germany

Address

No. 2000 Xi Qu Avenue, Sichuan TOP IT Vocational Institute, 5th Floor, Administrative Building, Pidu District, Chengdu, CHN, 610091

Website

https://www.hopeedu.com

Hope Education Group Co Ltd is an investment holding company engaged in providing educational services. The company operates higher educational schools which include universities and junior colleges. Some of its colleges are Southwest Jiaotong University Hope Colleges, Business College of Guizhou University of Finance and Economics, Sichuan TOP IT Vocational Institute, and One Technical College among others. Its operating segments are the Domestic education which is the key revenue generating segment, Global education segment and others. The company generates its revenue from tuition fees, boarding fees, sales of books and daily necessities, and others.

XJ International Holdings Co (HKSE:01765) Headlines

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