Hao Tian International Construction Investment Group (HKSE:01341) Days Payable : 33.80 (As of Sep. 2023)

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What is Hao Tian International Construction Investment Group Days Payable?

Hao Tian International Construction Investment Group's average Accounts Payable for the six months ended in Sep. 2023 was HK$10.0 Mil. Hao Tian International Construction Investment Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$54.0 Mil. Hence, Hao Tian International Construction Investment Group's Days Payable for the six months ended in Sep. 2023 was 33.80.

The historical rank and industry rank for Hao Tian International Construction Investment Group's Days Payable or its related term are showing as below:

HKSE:01341' s Days Payable Range Over the Past 10 Years
Min: 12.67 Med: 22.35 Max: 45.28
Current: 35.27

During the past 9 years, Hao Tian International Construction Investment Group's highest Days Payable was 45.28. The lowest was 12.67. And the median was 22.35.

HKSE:01341's Days Payable is ranked worse than
61.26% of 924 companies
in the Business Services industry
Industry Median: 47.74 vs HKSE:01341: 35.27

Hao Tian International Construction Investment Group's Days Payable increased from Sep. 2022 (29.66) to Sep. 2023 (33.80). It may suggest that Hao Tian International Construction Investment Group delayed paying its suppliers.

Hao Tian International Construction Investment Group Days Payable Historical Data

The historical data trend for Hao Tian International Construction Investment Group'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.

Hao Tian International Construction Investment Group Days Payable Chart

Hao Tian International Construction Investment Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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44.15

45.28

31.61

12.67

21.14

Hao Tian International Construction Investment Group Semi-Annual Data
	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													11.90	13.38	29.66	35.85	33.80

Competitive Comparison of Hao Tian International Construction Investment Group's Days Payable

For the Rental & Leasing Services subindustry, Hao Tian International Construction Investment Group'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.

Hao Tian International Construction Investment Group's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hao Tian International Construction Investment Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Hao Tian International Construction Investment Group's Days Payable falls into.

Hao Tian International Construction Investment Group 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.

Hao Tian International Construction Investment Group'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
=	( (6	+	13)	/	2 )	/	164	*	365
=	9.5					/	164	*	365
=	21.14

Hao Tian International Construction Investment Group'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
=	( (13	+	7)	/	2 )	/	54	*	365 / 2
=	10					/	54	*	365 / 2
=	33.80

Hao Tian International Construction Investment Group Days Payable Related Terms

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Hao Tian International Construction Investment Group (HKSE:01341) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hao Tian International Construction Investment Group Ltd (HKSE:01341) » Definitions » Days Payable

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Traded in Other Exchanges

HAOTF:USA

Address

6-8 Harbour Road, Rooms 2510-2518, 25th Floor, Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.haotianint.com.hk

Hao Tian International Construction Investment Group Ltd is an investment holding company. The company's operating segment includes the Rental and sale of construction machinery and spare parts business which generates majority revenue to the business; Provision of repair and maintenance and transportation service business; Money lending business; Provision of asset management, securities brokerage, commodities, futures, and other financial services business and Property development business. The company operates in Hong Kong, The People's Republic of China, Macau, and Cambodia geographically.

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