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China Wood International Holding Co (HKSE:01822) Days Payable : 19.52 (As of Dec. 2023)


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What is China Wood International Holding Co Days Payable?

China Wood International Holding Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$21.9 Mil. China Wood International Holding Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$204.5 Mil. Hence, China Wood International Holding Co's Days Payable for the six months ended in Dec. 2023 was 19.52.

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

HKSE:01822' s Days Payable Range Over the Past 10 Years
Min: 0.03   Med: 37.84   Max: 232.21
Current: 43.33

During the past 13 years, China Wood International Holding Co's highest Days Payable was 232.21. The lowest was 0.03. And the median was 37.84.

HKSE:01822's Days Payable is ranked worse than
63.21% of 280 companies
in the Forest Products industry
Industry Median: 57.46 vs HKSE:01822: 43.33

China Wood International Holding Co's Days Payable declined from Dec. 2022 (161.53) to Dec. 2023 (19.52). It may suggest that China Wood International Holding Co accelerated paying its suppliers.


China Wood International Holding Co Days Payable Historical Data

The historical data trend for China Wood International 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 Wood International Holding Co Days Payable Chart

China Wood International Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 36.83 180.34 232.21 38.84

China Wood International Holding Co Semi-Annual Data
Jun14 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 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 151.18 376.57 161.53 112.02 19.52

Competitive Comparison of China Wood International Holding Co's Days Payable

For the Lumber & Wood Production subindustry, China Wood International 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 Wood International Holding Co's Days Payable Distribution in the Forest Products Industry

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

* The bar in red indicates where China Wood International Holding Co's Days Payable falls into.



China Wood International 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 Wood International Holding Co'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
=( (57.621 + 2.96) / 2 ) / 284.639*365
=30.2905 / 284.639*365
=38.84

China Wood International 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
=( (40.78 + 2.96) / 2 ) / 204.485*365 / 2
=21.87 / 204.485*365 / 2
=19.52

* 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 Wood International Holding Co Days Payable Related Terms

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China Wood International Holding Co (HKSE:01822) Business Description

Traded in Other Exchanges
N/A
Address
90 Connaught Road Central, Room 1601, 16th Floor, Sun House, Hong Kong, HKG
China Wood International Holding Co Ltd is an investment holding company. It operates in four segments: the Car rental segment, which engages in the provision of car rental services; the Wood-related business segment engages in the processing and distribution of furniture wood, and the manufacturing and sales of antique-style wood furniture and other wooden products; Financing services and investments segment is into money lending business through the provision of loans and financial investment holding; and Others segment is in the provision of services, such as public relations and property investment. It derives prime revenue from the PRC.
Executives
Yam Tak Cheung 2201 Interest of corporation controlled by you
Integrated Capital (asia) Limited 2106 Person having a security interest in shares
Lyu Ning Jiang 2201 Interest of corporation controlled by you
Right Momentum Group Limited 2101 Beneficial owner
Sino Merchant Car Rental Limited 2101 Beneficial owner
Able Planet International Limited
China Wood Scheme Limited
Arab Osman Mohammed
Lai Wing Lun
Dai Yumin 2202 Interest of your spouse
Deng Shufen 2201 Interest of corporation controlled by you
Liu Jiangyuan 2201 Interest of corporation controlled by you
China Orient Alternative Investment Fund 2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you

China Wood International Holding Co (HKSE:01822) Headlines

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