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Asian Citrus Holdings (FRA:A2S) Days Payable : 44.65 (As of Dec. 2023)


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What is Asian Citrus Holdings Days Payable?

Asian Citrus Holdings's average Accounts Payable for the six months ended in Dec. 2023 was €1.88 Mil. Asian Citrus Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €7.68 Mil. Hence, Asian Citrus Holdings's Days Payable for the six months ended in Dec. 2023 was 44.65.

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

FRA:A2S' s Days Payable Range Over the Past 10 Years
Min: 8.71   Med: 23.59   Max: 47.77
Current: 25.26

During the past 13 years, Asian Citrus Holdings's highest Days Payable was 47.77. The lowest was 8.71. And the median was 23.59.

FRA:A2S's Days Payable is ranked worse than
82.2% of 309 companies
in the Retail - Defensive industry
Industry Median: 43.96 vs FRA:A2S: 25.26

Asian Citrus Holdings's Days Payable increased from Dec. 2022 (20.55) to Dec. 2023 (44.65). It may suggest that Asian Citrus Holdings delayed paying its suppliers.


Asian Citrus Holdings Days Payable Historical Data

The historical data trend for Asian Citrus 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.

Asian Citrus Holdings Days Payable Chart

Asian Citrus Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.23 8.68 17.16 10.63 47.92

Asian Citrus 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.79 14.89 20.55 26.08 44.65

Competitive Comparison of Asian Citrus Holdings's Days Payable

For the Food Distribution subindustry, Asian Citrus 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.


Asian Citrus Holdings's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Asian Citrus Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Asian Citrus Holdings's Days Payable falls into.



Asian Citrus 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.

Asian Citrus Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0.501 + 3.006) / 2 ) / 13.355*365
=1.7535 / 13.355*365
=47.92

Asian Citrus 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
=( (3.006 + 0.753) / 2 ) / 7.682*365 / 2
=1.8795 / 7.682*365 / 2
=44.65

* 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.


Asian Citrus Holdings Days Payable Related Terms

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Asian Citrus Holdings (FRA:A2S) Business Description

Traded in Other Exchanges
Address
2-12 Queen’s Road West, Room 2510, 25/F, Arion Commercial Centre, Sheung Wan, Hong Kong, HKG
Asian Citrus Holdings Ltd is an investment holding company. The company's segment includes Plantation Business; Fruit Distribution Business and Air-conditioners Distribution Business. It generates maximum revenue from the Fruit Distribution Business segment. The Fruit Distribution Business segment includes the distribution of various fruits.

Asian Citrus Holdings (FRA:A2S) Headlines

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