ANTA Sports Products (HKSE:02020) Days Payable : 40.97 (As of Dec. 2023)

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What is ANTA Sports Products Days Payable?

ANTA Sports Products's average Accounts Payable for the six months ended in Dec. 2023 was HK$3,054 Mil. ANTA Sports Products's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$13,604 Mil. Hence, ANTA Sports Products's Days Payable for the six months ended in Dec. 2023 was 40.97.

The historical rank and industry rank for ANTA Sports Products's Days Payable or its related term are showing as below:

HKSE:02020' s Days Payable Range Over the Past 10 Years
Min: 43.87 Med: 57.87 Max: 64.59
Current: 43.87

During the past 13 years, ANTA Sports Products's highest Days Payable was 64.59. The lowest was 43.87. And the median was 57.87.

HKSE:02020's Days Payable is ranked worse than
61.04% of 752 companies
in the Travel & Leisure industry
Industry Median: 59.82 vs HKSE:02020: 43.87

ANTA Sports Products's Days Payable declined from Dec. 2022 (44.40) to Dec. 2023 (40.97). It may suggest that ANTA Sports Products accelerated paying its suppliers.

ANTA Sports Products Days Payable Historical Data

The historical data trend for ANTA Sports Products'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.

ANTA Sports Products Days Payable Chart

ANTA Sports Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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63.35

63.69

52.88

53.40

47.27

ANTA Sports Products 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															42.29	55.48	44.40	43.53	40.97

Competitive Comparison of ANTA Sports Products's Days Payable

For the Leisure subindustry, ANTA Sports Products'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.

ANTA Sports Products's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ANTA Sports Products's Days Payable distribution charts can be found below:

* The bar in red indicates where ANTA Sports Products's Days Payable falls into.

ANTA Sports Products 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.

ANTA Sports Products'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
=	( (3091.066	+	3517.593)	/	2 )	/	25515.674	*	365
=	3304.3295					/	25515.674	*	365
=	47.27

ANTA Sports Products'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
=	( (2591.166	+	3517.593)	/	2 )	/	13604.422	*	365 / 2
=	3054.3795					/	13604.422	*	365 / 2
=	40.97

ANTA Sports Products Days Payable Related Terms

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ANTA Sports Products (HKSE:02020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ANTA Sports Products Ltd (HKSE:02020) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ANPDY:USA ANPDF:USA ANTA:Mexico AS7:Germany

Address

Anta Headquarters Building, Dongshan Industrial Zone, Chidian Town, Fujian Province, Jinjiang, CHN, 362212

Website

https://www.anta.com

Anta Sports is the largest Chinese sportswear company, engaging in the design, manufacturing, and marketing of sportswear. Brands under Anta's management include the Anta core brand, Fila, Descente, Sprandi, Kolon, and KingKow. As of the end of 2020, the company had 12,260 stores, of which 9,922 were Anta stores and 2,006 were Fila stores.

ANTA Sports Products (HKSE:02020) Headlines

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