Haier Smart Home Co (SHSE:600690) Days Payable : 153.81 (As of Dec. 2023)

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What is Haier Smart Home Co Days Payable?

Haier Smart Home Co's average Accounts Payable for the three months ended in Dec. 2023 was ¥69,802 Mil. Haier Smart Home Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ¥41,412 Mil. Hence, Haier Smart Home Co's Days Payable for the three months ended in Dec. 2023 was 153.81.

The historical rank and industry rank for Haier Smart Home Co's Days Payable or its related term are showing as below:

SHSE:600690' s Days Payable Range Over the Past 10 Years
Min: 106.99 Med: 137.88 Max: 157.4
Current: 141.21

During the past 13 years, Haier Smart Home Co's highest Days Payable was 157.40. The lowest was 106.99. And the median was 137.88.

SHSE:600690's Days Payable is ranked better than
85.71% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.76 vs SHSE:600690: 141.21

Haier Smart Home Co's Days Payable declined from Dec. 2022 (155.32) to Dec. 2023 (153.81). It may suggest that Haier Smart Home Co accelerated paying its suppliers.

Haier Smart Home Co Days Payable Historical Data

The historical data trend for Haier Smart Home 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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Haier Smart Home Co Days Payable Chart

Haier Smart Home Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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130.84

136.88

146.20

146.61

138.88

Haier Smart Home Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															155.32	134.14	141.20	139.27	153.81

Competitive Comparison of Haier Smart Home Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Haier Smart Home 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.

Haier Smart Home Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Haier Smart Home Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Haier Smart Home Co's Days Payable falls into.

Haier Smart Home 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.

Haier Smart Home 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
=	( (66983.872	+	69277.516)	/	2 )	/	179053.96	*	365
=	68130.694					/	179053.96	*	365
=	138.88

Haier Smart Home 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (70326.644	+	69277.516)	/	2 )	/	41411.991	*	365 / 4
=	69802.08					/	41411.991	*	365 / 4
=	153.81

Haier Smart Home Co Days Payable Related Terms

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Haier Smart Home Co (SHSE:600690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Haier Smart Home Co Ltd (SHSE:600690) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HSHCY:USA HRSHF:USA 06690:Hong Kong 690D:Germany

Address

Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101

Website

https://smart-home.haier.com/cn

Haier Smart Home Co Ltd manufactures and distributes household electrical appliances. It offers products such as refrigerators, air conditioners, washing machine, microwave ovens, smoke exhausters, gas stoves, dishwashers, electrical water heaters and others under the brand name Haier, Casarte, Leader, AQUA and Fisher & Paykel. The company has three business segments namely China smart home business: Overseas home appliance and smart home business segment Other business segments. The products of the group are traded in mainland China and in other overseas markets including Hong Kong, Macau, and Taiwan.

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