Haidilao International Holding (HKSE:06862) Days Payable : 20.51 (As of Dec. 2023)

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What is Haidilao International Holding Days Payable?

Haidilao International Holding's average Accounts Payable for the six months ended in Dec. 2023 was HK$2,032 Mil. Haidilao International Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$18,082 Mil. Hence, Haidilao International Holding's Days Payable for the six months ended in Dec. 2023 was 20.51.

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

HKSE:06862' s Days Payable Range Over the Past 10 Years
Min: 6.92 Med: 17.08 Max: 27.22
Current: 20.55

During the past 9 years, Haidilao International Holding's highest Days Payable was 27.22. The lowest was 6.92. And the median was 17.08.

HKSE:06862's Days Payable is ranked worse than
83.82% of 340 companies
in the Restaurants industry
Industry Median: 38.325 vs HKSE:06862: 20.55

Haidilao International Holding's Days Payable declined from Dec. 2022 (28.44) to Dec. 2023 (20.51). It may suggest that Haidilao International Holding accelerated paying its suppliers.

Haidilao International Holding Days Payable Historical Data

The historical data trend for Haidilao International Holding'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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Haidilao International Holding Days Payable Chart

Haidilao International Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.41

24.15

20.34

27.22

19.53

Haidilao International Holding Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial											19.67	32.08	28.44	21.73	20.51

Competitive Comparison of Haidilao International Holding's Days Payable

For the Restaurants subindustry, Haidilao International Holding'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.

Haidilao International Holding's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Haidilao International Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Haidilao International Holding's Days Payable falls into.

Haidilao International Holding 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.

Haidilao International Holding'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
=	( (1475.18	+	2033.814)	/	2 )	/	32798.117	*	365
=	1754.497					/	32798.117	*	365
=	19.53

Haidilao International Holding'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
=	( (2029.983	+	2033.814)	/	2 )	/	18082.106	*	365 / 2
=	2031.8985					/	18082.106	*	365 / 2
=	20.51

Haidilao International Holding Days Payable Related Terms

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Haidilao International Holding (HKSE:06862) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Haidilao International Holding Ltd (HKSE:06862) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HDALF:USA 8HI:Germany

Address

No. 398 Yard, Zhongdong Road, 7th Floor, No. 1 Building, Dongxiaokou Town, Changping District, Beijing, CHN, 102218

Website

https://www.haidilao.com

Haidilao International is a Chinese hot pot restaurant operator that started in Sichuan in 1998. In 2022, the restaurant chain served over 276 million customers across more than the 1,300 stores it had in Greater China. With CNY 31 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in China, behind Yum China (CNY 68 billion) but ahead of Xiabuxiabu and Jiumaojiu. All of Haidilao's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants than quantity.Haidilao is known for serving Sichuan-style hot pot along with exceptional service. It's still looking to expand its store footprint, but expansion opportunities are now limited to only Greater China following the spinoff of Super Hi—the operator of Haidilao stores overseas.

Haidilao International Holding (HKSE:06862) Headlines

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