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China Health Technology Group Holding Co (HKSE:01069) Days Payable : 22.56 (As of Dec. 2023)


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What is China Health Technology Group Holding Co Days Payable?

China Health Technology Group Holding Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$2.06 Mil. China Health Technology Group Holding Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$16.69 Mil. Hence, China Health Technology Group Holding Co's Days Payable for the six months ended in Dec. 2023 was 22.56.

The historical rank and industry rank for China Health Technology Group Holding Co's Days Payable or its related term are showing as below:

HKSE:01069' s Days Payable Range Over the Past 10 Years
Min: 1.59   Med: 54.1   Max: 784.07
Current: 29.05

During the past 13 years, China Health Technology Group Holding Co's highest Days Payable was 784.07. The lowest was 1.59. And the median was 54.10.

HKSE:01069's Days Payable is ranked worse than
79.64% of 280 companies
in the Forest Products industry
Industry Median: 57.37 vs HKSE:01069: 29.05

China Health Technology Group Holding Co's Days Payable declined from Dec. 2022 (35.63) to Dec. 2023 (22.56). It may suggest that China Health Technology Group Holding Co accelerated paying its suppliers.


China Health Technology Group Holding Co Days Payable Historical Data

The historical data trend for China Health Technology Group Holding 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.

China Health Technology Group Holding Co Days Payable Chart

China Health Technology Group Holding Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.10 43.78 - 62.32 9.45

China Health Technology Group Holding Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 52.41 - 35.63 28.08 22.56

Competitive Comparison of China Health Technology Group Holding Co's Days Payable

For the Lumber & Wood Production subindustry, China Health Technology Group Holding 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.


China Health Technology Group Holding Co's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, China Health Technology Group Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Health Technology Group Holding Co's Days Payable falls into.



China Health Technology Group Holding 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.

China Health Technology Group Holding Co'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
=( (0.328 + 2.346) / 2 ) / 51.635*365
=1.337 / 51.635*365
=9.45

China Health Technology Group Holding 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
=( (2.346 + 1.782) / 2 ) / 16.694*365 / 2
=2.064 / 16.694*365 / 2
=22.56

* 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.


China Health Technology Group Holding Co Days Payable Related Terms

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China Health Technology Group Holding Co (HKSE:01069) Business Description

Traded in Other Exchanges
Address
Binhe Road South, Room 4101, Phase II Jingji Binhe Shidai Tower North, Futian District, Shenzhen, CHN
China Health Technology Group Holding Co Ltd Formerly China Bozza Development Holdings Ltd is an investment holding company. It is engaged in the business of management of new agriculture and forestry resources in the People's Republic of China. The company has two reportable segments including the Forestry business and Ginseng Business. The forestry management business includes plantation, logging, and sale of timber-related products and the Ginseng Business includes ginseng plantation and trading of related products. The company generates a majority of its revenue from the Ginseng business segment. Geographically company generates its key revenue from the PRC.
Executives
Huang Hou 2201 Interest of corporation controlled by you
Huang Hou 2101 Beneficial owner
Able Planet International Limited
China Bozza Scheme Limited
Arab Osman Mohammed
Lai Wing Lun
Wang Yue 2101 Beneficial owner
Long Yijia 2202 Interest of your spouse

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