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Wanjia Group Holdings (HKSE:00401) Days Payable : 65.40 (As of Sep. 2023)


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What is Wanjia Group Holdings Days Payable?

Wanjia Group Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$23.9 Mil. Wanjia Group Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$66.7 Mil. Hence, Wanjia Group Holdings's Days Payable for the six months ended in Sep. 2023 was 65.40.

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

HKSE:00401' s Days Payable Range Over the Past 10 Years
Min: 41.8   Med: 74.55   Max: 258.08
Current: 72.27

During the past 11 years, Wanjia Group Holdings's highest Days Payable was 258.08. The lowest was 41.80. And the median was 74.55.

HKSE:00401's Days Payable is ranked worse than
52.63% of 95 companies
in the Medical Distribution industry
Industry Median: 72.99 vs HKSE:00401: 72.27

Wanjia Group Holdings's Days Payable declined from Sep. 2022 (80.55) to Sep. 2023 (65.40). It may suggest that Wanjia Group Holdings accelerated paying its suppliers.


Wanjia Group Holdings Days Payable Historical Data

The historical data trend for Wanjia 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.

* Premium members only.

Wanjia Group Holdings Days Payable Chart

Wanjia Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 258.08 74.92 41.80 74.18 77.25

Wanjia Group Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 50.57 75.33 80.55 69.22 65.40

Competitive Comparison of Wanjia Group Holdings's Days Payable

For the Medical Distribution subindustry, Wanjia 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.


Wanjia Group Holdings's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Wanjia Group Holdings's Days Payable distribution charts can be found below:

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



Wanjia 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.

Wanjia Group Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (32.46 + 16.965) / 2 ) / 116.766*365
=24.7125 / 116.766*365
=77.25

Wanjia 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
=( (16.965 + 30.844) / 2 ) / 66.704*365 / 2
=23.9045 / 66.704*365 / 2
=65.40

* 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.


Wanjia Group Holdings Days Payable Related Terms

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Wanjia Group Holdings (HKSE:00401) Business Description

Traded in Other Exchanges
N/A
Address
25 Canton Road, Harbour City, Suite 1801, 18th Floor, Tower 1, The Gateway, Kowloon, Hong Kong, HKG
Wanjia Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the company operates in principal activities of Pharmaceutical wholesale and distribution business, and Hemodialysis treatment and consultancy service business. The company generates key revenue from the Hemodialysis treatment and consultancy service business.

Wanjia Group Holdings (HKSE:00401) Headlines

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