Tai United Holdings (HKSE:00718) Days Payable : 57.61 (As of Jun. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Tai United Holdings Days Payable?

Tai United Holdings's average Accounts Payable for the six months ended in Jun. 2023 was HK$17.3 Mil. Tai United Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$54.7 Mil. Hence, Tai United Holdings's Days Payable for the six months ended in Jun. 2023 was 57.61.

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

HKSE:00718' s Days Payable Range Over the Past 10 Years
Min: 21.57 Med: 71.23 Max: 607.36
Current: 68.23

During the past 13 years, Tai United Holdings's highest Days Payable was 607.36. The lowest was 21.57. And the median was 71.23.

HKSE:00718's Days Payable is ranked worse than
57.89% of 95 companies
in the Medical Distribution industry
Industry Median: 73.55 vs HKSE:00718: 68.23

Tai United Holdings's Days Payable declined from Jun. 2022 (64.39) to Jun. 2023 (57.61). It may suggest that Tai United Holdings accelerated paying its suppliers.

Tai United Holdings Days Payable Historical Data

The historical data trend for Tai United 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.

Tai United Holdings Days Payable Chart

Tai United Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

60.31

21.57

38.66

82.14

Tai United Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															-	19.75	64.39	77.00	57.61

Competitive Comparison of Tai United Holdings's Days Payable

For the Medical Distribution subindustry, Tai United 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.

Tai United Holdings's Days Payable Distribution in the Medical Distribution Industry

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

* The bar in red indicates where Tai United Holdings's Days Payable falls into.

Tai United 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.

Tai United Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (27.135	+	12.569)	/	2 )	/	88.211	*	365
=	19.852					/	88.211	*	365
=	82.14

Tai United Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (12.569	+	21.977)	/	2 )	/	54.721	*	365 / 2
=	17.273					/	54.721	*	365 / 2
=	57.61

Tai United Holdings Days Payable Related Terms

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

Tai United Holdings (HKSE:00718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Tai United Holdings Ltd (HKSE:00718) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 4202–03A, 42th Floor, China Resource Building, Wanchai, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/taiunited/index.ht

Tai United Holdings Ltd is an investment holding company. Its segments include Property investment segment engaged in property investment and leasing of properties; Medical equipment trading segment; Flooring materials trading segment; Mining and exploitation of natural resources segment engaged in mining and production of tungsten resources activities in the Republic of Mongolia; and Financial services and asset management segment that includes trading equity securities and derivatives and managing of assets arising from acquisition of distressed debts assets. It derives majority of the revenue from the Flooring materials trading segment.

Tai United Holdings (HKSE:00718) Headlines

No Headlines