AiXin Life International (AiXin Life International) Days Payable : 54.64 (As of Dec. 2023)

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What is AiXin Life International Days Payable?

AiXin Life International's average Accounts Payable for the three months ended in Dec. 2023 was $0.54 Mil. AiXin Life International's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.90 Mil. Hence, AiXin Life International's Days Payable for the three months ended in Dec. 2023 was 54.64.

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

AIXN' s Days Payable Range Over the Past 10 Years
Min: 36.12 Med: 61.95 Max: 151.8
Current: 54.42

During the past 13 years, AiXin Life International's highest Days Payable was 151.80. The lowest was 36.12. And the median was 61.95.

AIXN's Days Payable is ranked better than
64.17% of 307 companies
in the Retail - Defensive industry
Industry Median: 43.45 vs AIXN: 54.42

AiXin Life International's Days Payable declined from Dec. 2022 (55.42) to Dec. 2023 (54.64). It may suggest that AiXin Life International accelerated paying its suppliers.

AiXin Life International Days Payable Historical Data

The historical data trend for AiXin Life International'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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AiXin Life International Days Payable Chart

AiXin Life International Annual Data

Trend

May14

May15

May16

May17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

36.12

61.64

151.80

62.25

55.63

AiXin Life International 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															55.42	70.04	45.48	51.01	54.64

Competitive Comparison of AiXin Life International's Days Payable

For the Food Distribution subindustry, AiXin Life International'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.

AiXin Life International's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, AiXin Life International's Days Payable distribution charts can be found below:

* The bar in red indicates where AiXin Life International's Days Payable falls into.

AiXin Life International 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.

AiXin Life International'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
=	( (0.564	+	0.48)	/	2 )	/	3.425	*	365
=	0.522					/	3.425	*	365
=	55.63

AiXin Life International'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
=	( (0.599	+	0.48)	/	2 )	/	0.901	*	365 / 4
=	0.5395					/	0.901	*	365 / 4
=	54.64

AiXin Life International Days Payable Related Terms

Thank you for viewing the detailed overview of AiXin Life International's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

AiXin Life International (AiXin Life International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » AiXin Life International Inc (OTCPK:AIXN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 69 Qingyun South Avenue, 14th Floor, Hongxing International Business Building 2, Jinjiang District, Sichuan Province, Chengdu, CHN

Website

http://www.aixinjituan.com

AiXin Life International Inc manufactures, market and sell premium-quality healthcare, nutritional products and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods and drinks. The operating segments are Advertising and products, Pharmacies, Hotel, and Manufacture and sale It also provides advertising and marketing services to certain manufacturers and distributors of the products it sells.

Executives

Hsin-liang Christopher Lee	director	3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO LI COUNTY, CHU-HAN F5 F5 350
Guolu Li	officer: Chief Financial Officer	NO.69 QINGYUN SOUTH AVE., JINJIANG DIST., CHENGDU CITY F4 XXXXX
Yao-te Wang	director	704 NO.9 LANE 14, SHIJIAN STREET, TAINAN CITY F5 XXXXX
Quanzhong Lin	director, 10 percent owner, officer: President and CEO	9 AN RONG LU JINGNIU, BLDG 4 UNIT 163, CHENGDU F4 XXXXX
Algodon Wines & Luxury Development Group, Inc.	10 percent owner	112 NE 41ST STREET, SUITE 106, MIAMI FL 33137
Maria I. Echevarria	officer: CFO	135 FIFTH AVENUE, FLOOR 10, NEW YORK NY 10010
Scott L Mathis	director, officer: CEO and President	135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Lawrence Peter J.l.	director	FLAT 6, STAVORDALE LODGE, 10-12 MELBURY ROAD, LONDON X0 W14 8LW
Diversified Private Equity Corp	10 percent owner	135 FIFTH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Ronald S Robbins	officer: Exec. VP and COO	135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Tim F Holderbaum	officer: Exec. VP and CFO	135 5TH AVENUE, 10TH FLOOR, NEW YORK NY 10010
Julian Beale	director	14 MARTIN COURT, UNIT #5, TOORAK, VICTORIA C3 3142
Thomas A Higgins	director, 10 percent owner	1005 COBBLESTONE DR., HIGHLANDS RANCH CO 80126
Allan Bergenfield	director, 10 percent owner
Robert Marsik	director, 10 percent owner, officer: President

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