Haitian International Holdings (HKSE:01882) Days Payable : 160.86 (As of Dec. 2023)

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What is Haitian International Holdings Days Payable?

Haitian International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$4,369 Mil. Haitian International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$4,956 Mil. Hence, Haitian International Holdings's Days Payable for the six months ended in Dec. 2023 was 160.86.

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

HKSE:01882' s Days Payable Range Over the Past 10 Years
Min: 122.64 Med: 138.49 Max: 162.79
Current: 154.84

During the past 13 years, Haitian International Holdings's highest Days Payable was 162.79. The lowest was 122.64. And the median was 138.49.

HKSE:01882's Days Payable is ranked better than
78.57% of 2930 companies
in the Industrial Products industry
Industry Median: 76.24 vs HKSE:01882: 154.84

Haitian International Holdings's Days Payable declined from Dec. 2022 (176.17) to Dec. 2023 (160.86). It may suggest that Haitian International Holdings accelerated paying its suppliers.

Haitian International Holdings Days Payable Historical Data

The historical data trend for Haitian International 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.

* Premium members only.

Haitian International Holdings Days Payable Chart

Haitian International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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135.84

145.86

125.28

162.79

141.98

Haitian International Holdings 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	Get a 7-Day Free Trial															160.25	164.15	176.17	161.69	160.86

Competitive Comparison of Haitian International Holdings's Days Payable

For the Specialty Industrial Machinery subindustry, Haitian International 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.

Haitian International Holdings's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Haitian International Holdings's Days Payable distribution charts can be found below:

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

Haitian International 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.

Haitian International 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
=	( (3608.279	+	3938.402)	/	2 )	/	9700.762	*	365
=	3773.3405					/	9700.762	*	365
=	141.98

Haitian International Holdings'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
=	( (4798.817	+	3938.402)	/	2 )	/	4956.254	*	365 / 2
=	4368.6095					/	4956.254	*	365 / 2
=	160.86

Haitian International Holdings Days Payable Related Terms

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Haitian International Holdings (HKSE:01882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haitian International Holdings Ltd (HKSE:01882) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HI6:Germany

Address

No.1688 Haitian Road, Beilun District, Zhejiang Province, Ningbo, CHN, 315800

Website

https://www.haitianinter.com

Haitian International Holdings Ltd is an investment holding company principally engaged in the manufacture and distribution of plastic injection moulding machines and related products. The main products are hydraulic and electric plastic injection moulding machines. The group operates in Mainland China, Hong Kong, and overseas countries. The company generates a majority of its revenue from Mainland China through sales of plastic injection moulding machines and related products.

Haitian International Holdings (HKSE:01882) Headlines

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