Yadea Group Holdings (HKSE:01585) Days Payable : 168.62 (As of Dec. 2023)

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What is Yadea Group Holdings Days Payable?

Yadea Group Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$14,866 Mil. Yadea Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$16,090 Mil. Hence, Yadea Group Holdings's Days Payable for the six months ended in Dec. 2023 was 168.62.

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

HKSE:01585' s Days Payable Range Over the Past 10 Years
Min: 141 Med: 193.14 Max: 219.13
Current: 173

During the past 11 years, Yadea Group Holdings's highest Days Payable was 219.13. The lowest was 141.00. And the median was 193.14.

HKSE:01585's Days Payable is ranked better than
88.43% of 1262 companies
in the Vehicles & Parts industry
Industry Median: 65.86 vs HKSE:01585: 173.00

Yadea Group Holdings's Days Payable increased from Dec. 2022 (167.85) to Dec. 2023 (168.62). It may suggest that Yadea Group Holdings delayed paying its suppliers.

Yadea Group Holdings Days Payable Historical Data

The historical data trend for Yadea 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.

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Yadea Group Holdings Days Payable Chart

Yadea Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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212.84

193.00

185.17

197.82

174.11

Yadea Group Holdings Semi-Annual Data
	Dec13	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															182.83	195.90	167.85	176.42	168.62

Competitive Comparison of Yadea Group Holdings's Days Payable

For the Auto Manufacturers subindustry, Yadea 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.

Yadea Group Holdings's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yadea Group Holdings's Days Payable distribution charts can be found below:

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

Yadea 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.

Yadea Group Holdings'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
=	( (15179.367	+	14954.361)	/	2 )	/	31585.619	*	365
=	15066.864					/	31585.619	*	365
=	174.11

Yadea Group Holdings'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
=	( (14778.51	+	14954.361)	/	2 )	/	16090.096	*	365 / 2
=	14866.4355					/	16090.096	*	365 / 2
=	168.62

Yadea Group Holdings Days Payable Related Terms

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Yadea Group Holdings (HKSE:01585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yadea Group Holdings Ltd (HKSE:01585) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xishan Road, Dacheng Industrial Zone, Anzhen Town, Xishan District, Jiangsu Province, Wuxi, CHN

Website

https://www.yadea.com.cn

Yadea Group Holdings Ltd is an investment holding company. The company and its subsidiaries manufacture and sell electric, two-wheeled vehicles in the People's Republic of China. It is focused on designing, researching, developing, manufacturing and selling electric scooters, electric bicycles, batteries and chargers, and related accessories. The electric two-wheeled vehicles and related accessories segment is mainly engaged in the development, manufacture and sales of electric two-wheeled vehicles and related accessories and the batteries segment is mainly engaged in the production and sales of batteries of the newly acquired Huayu.

Yadea Group Holdings (HKSE:01585) Headlines

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