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China Wantian Holdings (HKSE:01854) Days Payable : 12.76 (As of Sep. 2023)


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What is China Wantian Holdings Days Payable?

China Wantian Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$7.6 Mil. China Wantian Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$108.0 Mil. Hence, China Wantian Holdings's Days Payable for the six months ended in Sep. 2023 was 12.76.

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

HKSE:01854' s Days Payable Range Over the Past 10 Years
Min: 9.07   Med: 30.04   Max: 86.23
Current: 9.07

During the past 8 years, China Wantian Holdings's highest Days Payable was 86.23. The lowest was 9.07. And the median was 30.04.

HKSE:01854's Days Payable is ranked worse than
96.39% of 305 companies
in the Retail - Defensive industry
Industry Median: 44.54 vs HKSE:01854: 9.07

China Wantian Holdings's Days Payable increased from Sep. 2022 (5.81) to Sep. 2023 (12.76). It may suggest that China Wantian Holdings delayed paying its suppliers.


China Wantian Holdings Days Payable Historical Data

The historical data trend for China Wantian 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.

China Wantian Holdings Days Payable Chart

China Wantian Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Days Payable
Get a 7-Day Free Trial 37.91 22.17 13.19 14.29 10.06

China Wantian Holdings 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 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 14.21 12.50 5.81 10.93 12.76

Competitive Comparison of China Wantian Holdings's Days Payable

For the Food Distribution subindustry, China Wantian 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.


China Wantian Holdings's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, China Wantian Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China Wantian Holdings's Days Payable falls into.



China Wantian 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.

China Wantian Holdings's Days Payable for the fiscal year that ended in Mar. 2022 is calculated as

Days Payable (A: Mar. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2021 ) + Accounts Payable (A: Mar. 2022 )) / count ) / Cost of Goods Sold (A: Mar. 2022 )*Days in Period
=( (3.893 + 2.11) / 2 ) / 108.929*365
=3.0015 / 108.929*365
=10.06

China Wantian Holdings'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
=( (12.137 + 2.974) / 2 ) / 108.025*365 / 2
=7.5555 / 108.025*365 / 2
=12.76

* 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 Wantian Holdings Days Payable Related Terms

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China Wantian Holdings (HKSE:01854) Business Description

Traded in Other Exchanges
N/A
Address
Exchange Tower 33 Wang Chiu Road, Suite 2106A, 21/F, Kowloon Bay, Hong Kong, HKG
China Wantian Holdings Ltd is engaged in the provision of vegetables and fruits. It provides procurement, selection, packaging, treating, processing and distribution of vegetables and fruit ingredients. The company offers leaf vegetables, melon and fruit vegetables, root and rhizome vegetables, herbs and spices, mushrooms, fruits, processed fruits and vegetables, and others. The group's business falls under the primary segment of Sourcing, processing and supplying food ingredients to foodservice operators in Hong Kong. The Group has three reportable segments, namely green food supply; green catering; and environmental protection and technology.
Executives
Yap Yuk Kiew
Yek Hon Su
Yap Su Chai
Yap Siew Ngoh
Yap Siew Chow
Yap Kong Meng
Yap Hong Leng
Yap Hong Kek
Yap Hong Akiw
Yap Global Investment Limited
Yap Fong Kee
Wise Global Holding Limited
Leong Kwai Ho
Hooy Siew Kuen
Hooy Say Kai

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