Xiabuxiabu Catering Management (China) Hldgs Co (HKSE:00520) Days Payable : 21.24 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Xiabuxiabu Catering Management (China) Hldgs Co Days Payable?

Xiabuxiabu Catering Management (China) Hldgs Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$271 Mil. Xiabuxiabu Catering Management (China) Hldgs Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$2,327 Mil. Hence, Xiabuxiabu Catering Management (China) Hldgs Co's Days Payable for the six months ended in Dec. 2023 was 21.24.

The historical rank and industry rank for Xiabuxiabu Catering Management (China) Hldgs Co's Days Payable or its related term are showing as below:

HKSE:00520' s Days Payable Range Over the Past 10 Years
Min: 21.93 Med: 32.19 Max: 36.59
Current: 21.93

During the past 11 years, Xiabuxiabu Catering Management (China) Hldgs Co's highest Days Payable was 36.59. The lowest was 21.93. And the median was 32.19.

HKSE:00520's Days Payable is ranked worse than
81.47% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs HKSE:00520: 21.93

Xiabuxiabu Catering Management (China) Hldgs Co's Days Payable declined from Dec. 2022 (23.11) to Dec. 2023 (21.24). It may suggest that Xiabuxiabu Catering Management (China) Hldgs Co accelerated paying its suppliers.

Xiabuxiabu Catering Management (China) Hldgs Co Days Payable Historical Data

The historical data trend for Xiabuxiabu Catering Management (China) Hldgs 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.

* Premium members only.

Xiabuxiabu Catering Management (China) Hldgs Co Days Payable Chart

Xiabuxiabu Catering Management (China) Hldgs Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.57

33.88

25.42

27.92

22.88

Xiabuxiabu Catering Management (China) Hldgs Co 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															22.37	27.35	23.11	21.68	21.24

Competitive Comparison of Xiabuxiabu Catering Management (China) Hldgs Co's Days Payable

For the Restaurants subindustry, Xiabuxiabu Catering Management (China) Hldgs 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.

Xiabuxiabu Catering Management (China) Hldgs Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Xiabuxiabu Catering Management (China) Hldgs Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xiabuxiabu Catering Management (China) Hldgs Co's Days Payable falls into.

Xiabuxiabu Catering Management (China) Hldgs 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.

Xiabuxiabu Catering Management (China) Hldgs 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
=	( (271.065	+	294.351)	/	2 )	/	4509.018	*	365
=	282.708					/	4509.018	*	365
=	22.88

Xiabuxiabu Catering Management (China) Hldgs 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (247.313	+	294.351)	/	2 )	/	2327.065	*	365 / 2
=	270.832					/	2327.065	*	365 / 2
=	21.24

Xiabuxiabu Catering Management (China) Hldgs Co Days Payable Related Terms

Thank you for viewing the detailed overview of Xiabuxiabu Catering Management (China) Hldgs Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Xiabuxiabu Catering Management (China) Hldgs Co (HKSE:00520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Xiabuxiabu Catering Management (China) Hldgs Co Ltd (HKSE:00520) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0XI:Germany

Address

Suncun Industrial Development Zone, Huangcun Town, Daxing District, Beijing, CHN

Website

https://www.xiabu.com

Xiabuxiabu Catering Management is a Chinese multibrand restaurant operator. The firm generates most of its revenue from two hot pot restaurant chains—Xiabuxiabu and Coucou. Started in 1998, the namesake Xiabuxiabu brand is known for serving the Chinese hot pot format in a value-oriented, quick-service setting. Diners of Xiabuxiabu usually sit on bar counters, and a pot is provided for each diner. The Coucou brand was launched in 2016 as part of the group's foray into the high-end hot pot market. Unlike the group's namesake restaurant, Coucou serves Taiwanese-style hot pot in a beautifully decorated sit-down setting. The group does not franchise any of its restaurant brands, meaning all of its restaurants are self-operated and company-owned.

Xiabuxiabu Catering Management (China) Hldgs Co (HKSE:00520) Headlines

No Headlines