Greatview Aseptic Packaging Co (HKSE:00468) Days Payable

: 71.49 (As of Dec. 2023)

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Greatview Aseptic Packaging Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$661 Mil. Greatview Aseptic Packaging Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,688 Mil. Hence, Greatview Aseptic Packaging Co's Days Payable for the six months ended in Dec. 2023 was 71.49.

The historical rank and industry rank for Greatview Aseptic Packaging Co's Days Payable or its related term are showing as below:

HKSE:00468' s Days Payable Range Over the Past 10 Years
Min: 50.52 Med: 76.53 Max: 91.87
Current: 85.15

During the past 13 years, Greatview Aseptic Packaging Co's highest Days Payable was 91.87. The lowest was 50.52. And the median was 76.53.

HKSE:00468's Days Payable is ranked better than
69.75% of 367 companies
in the Packaging & Containers industry
Industry Median: 57.59 vs HKSE:00468: 85.15

Greatview Aseptic Packaging Co's Days Payable declined from Dec. 2022 (86.10) to Dec. 2023 (71.49). It may suggest that Greatview Aseptic Packaging Co accelerated paying its suppliers.

Greatview Aseptic Packaging Co Days Payable Historical Data

The historical data trend for Greatview Aseptic Packaging 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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Greatview Aseptic Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

78.07

82.99

77.59

91.25

91.87

Greatview Aseptic Packaging Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable																68.86	84.67	86.10	91.78	71.49

Competitive Comparison

For the Packaging & Containers subindustry, Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging Co Days Payable Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, Greatview Aseptic Packaging Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Greatview Aseptic Packaging Co's Days Payable falls into.

Greatview Aseptic Packaging 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.

Greatview Aseptic Packaging 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
=	( (1078.093	+	648.416)	/	2 )	/	3429.618	*	365
=	863.2545					/	3429.618	*	365
=	91.87

Greatview Aseptic Packaging Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (673.826	+	648.416)	/	2 )	/	1687.75	*	365 / 2
=	661.121					/	1687.75	*	365 / 2
=	71.49

Greatview Aseptic Packaging Co Days Payable Related Terms

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Greatview Aseptic Packaging Co (HKSE:00468) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Greatview Aseptic Packaging Co Ltd (HKSE:00468) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GRVWF:USA 8GA:Germany

Address

No.14 Jiuxianqiao Road, A4-2nd Floor, Chaoyang District, Beijing, CHN, 100015

Website

https://www.greatviewpack.com

Greatview Aseptic Packaging Co Ltd manufactures and sells a variety of paper-based packaging products. The company's primary product categories include packaging for dairy products and noncarbonated soft drink products. The sale of packaging for dairy products generates the majority of revenue. Greatview Aseptic Packaging also sells scrap metals. The firm organizes itself into two segments based on geography: the People's Republic of China, or PRC, and International. The PRC segment generates the majority of revenue.

Greatview Aseptic Packaging Co (HKSE:00468) Headlines

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