Golden Heaven Group Holdings (Golden Heaven Group Holdings) Days Payable : 113.12 (As of Sep. 2023)

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What is Golden Heaven Group Holdings Days Payable?

Golden Heaven Group Holdings's average Accounts Payable for the six months ended in Sep. 2023 was $4.26 Mil. Golden Heaven Group Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $6.87 Mil. Hence, Golden Heaven Group Holdings's Days Payable for the six months ended in Sep. 2023 was 113.12.

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

GDHG' s Days Payable Range Over the Past 10 Years
Min: 27.05 Med: 31.03 Max: 124.66
Current: 124.66

During the past 4 years, Golden Heaven Group Holdings's highest Days Payable was 124.66. The lowest was 27.05. And the median was 31.03.

GDHG's Days Payable is ranked better than
73.84% of 753 companies
in the Travel & Leisure industry
Industry Median: 57.9 vs GDHG: 124.66

Golden Heaven Group Holdings's Days Payable increased from Sep. 2022 (0.00) to Sep. 2023 (113.12). It may suggest that Golden Heaven Group Holdings delayed paying its suppliers.

Golden Heaven Group Holdings Days Payable Historical Data

The historical data trend for Golden Heaven Group 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.

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Golden Heaven Group Holdings Days Payable Chart

Golden Heaven Group Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Days Payable

31.03

27.05

124.66

Golden Heaven Group Holdings Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			-	-	-	-	113.12

Competitive Comparison of Golden Heaven Group Holdings's Days Payable

For the Leisure subindustry, Golden Heaven Group 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.

Golden Heaven Group Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Golden Heaven Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Golden Heaven Group Holdings's Days Payable falls into.

Golden Heaven Group 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.

Golden Heaven Group Holdings's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0	+	4.26)	/	1 )	/	12.473	*	365
=	4.26					/	12.473	*	365
=	124.66

Golden Heaven Group Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	4.26)	/	1 )	/	6.873	*	365 / 2
=	4.26					/	6.873	*	365 / 2
=	113.12

Golden Heaven Group Holdings Days Payable Related Terms

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Golden Heaven Group Holdings (Golden Heaven Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Golden Heaven Group Holdings Ltd (NAS:GDHG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Banhouhaichuan Road, Xiqin Town, Yanping District, Fujian Province, Nanping City, CHN, 353001

Website

http://www.jsyoule.com

Golden Heaven Group Holdings Ltd is an offshore holding company. Through the operating entities in China, It manages and operates six properties consisting of amusement parks, water parks, and complementary recreational facilities. The parks offer a broad selection of exhilarating and recreational experiences, including both thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities. The parks collectively contain nearly 159 rides and attractions. The firm's revenue is primarily generated from selling access to rides and attractions, charging fees for special event rentals, and collecting regular rental payments from commercial tenants.