GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Haina Intelligent Equipment International Holdings Ltd (HKSE:01645) » Definitions » Days Payable

Haina Intelligent Equipment International Holdings (HKSE:01645) Days Payable : 101.47 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Haina Intelligent Equipment International Holdings Days Payable?

Haina Intelligent Equipment International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$125.6 Mil. Haina Intelligent Equipment International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$225.9 Mil. Hence, Haina Intelligent Equipment International Holdings's Days Payable for the six months ended in Dec. 2023 was 101.47.

The historical rank and industry rank for Haina Intelligent Equipment International Holdings's Days Payable or its related term are showing as below:

HKSE:01645' s Days Payable Range Over the Past 10 Years
Min: 78.7   Med: 119.88   Max: 373.58
Current: 124.66

During the past 8 years, Haina Intelligent Equipment International Holdings's highest Days Payable was 373.58. The lowest was 78.70. And the median was 119.88.

HKSE:01645's Days Payable is ranked better than
71.19% of 2936 companies
in the Industrial Products industry
Industry Median: 76.395 vs HKSE:01645: 124.66

Haina Intelligent Equipment International Holdings's Days Payable increased from Dec. 2022 (92.43) to Dec. 2023 (101.47). It may suggest that Haina Intelligent Equipment International Holdings delayed paying its suppliers.


Haina Intelligent Equipment International Holdings Days Payable Historical Data

The historical data trend for Haina Intelligent Equipment International 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.

Haina Intelligent Equipment International Holdings Days Payable Chart

Haina Intelligent Equipment International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 86.65 78.70 108.01 103.83 131.75

Haina Intelligent Equipment International Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 123.96 102.17 92.43 162.62 101.47

Competitive Comparison of Haina Intelligent Equipment International Holdings's Days Payable

For the Specialty Industrial Machinery subindustry, Haina Intelligent Equipment International 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.


Haina Intelligent Equipment International Holdings's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Haina Intelligent Equipment International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Haina Intelligent Equipment International Holdings's Days Payable falls into.



Haina Intelligent Equipment International 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.

Haina Intelligent Equipment International 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
=( (89.795 + 150.505) / 2 ) / 332.857*365
=120.15 / 332.857*365
=131.75

Haina Intelligent Equipment International 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
=( (100.745 + 150.505) / 2 ) / 225.939*365 / 2
=125.625 / 225.939*365 / 2
=101.47

* 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.


Haina Intelligent Equipment International Holdings Days Payable Related Terms

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


Haina Intelligent Equipment International Holdings (HKSE:01645) Business Description

Traded in Other Exchanges
N/A
Address
Wuli Technology Park, Economic Development Area, Fujian Province, Jinjiang, CHN
Haina Intelligent Equipment International Holdings Ltd is an investment holding company. It is engaged in design and production of automated machines for manufacturing disposable hygiene products, including baby diapers, adult diapers, and lady sanitary napkins in the PRC. The company provides comprehensive services to its customers, from collaborating with customers on product designs and customizing its products based on specifications provided by customers, conducting quality control, delivering products to customers, installing products for customers, and providing after-sales services. Its geographical segments are China, South Korea, Indonesia, Uzbekistan, Vietnam, Thailand, Dubai, Bangladesh, Angola, Pakistan, Cambodia, and other countries.

Haina Intelligent Equipment International Holdings (HKSE:01645) Headlines

No Headlines