China Harmony Auto Holding (HKSE:03836) Days Payable : 19.42 (As of Dec. 2023)

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What is China Harmony Auto Holding Days Payable?

China Harmony Auto Holding's average Accounts Payable for the six months ended in Dec. 2023 was HK$941 Mil. China Harmony Auto Holding's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$8,845 Mil. Hence, China Harmony Auto Holding's Days Payable for the six months ended in Dec. 2023 was 19.42.

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

HKSE:03836' s Days Payable Range Over the Past 10 Years
Min: 4.03 Med: 9.69 Max: 45.44
Current: 18.46

During the past 12 years, China Harmony Auto Holding's highest Days Payable was 45.44. The lowest was 4.03. And the median was 9.69.

HKSE:03836's Days Payable is ranked worse than
92.72% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs HKSE:03836: 18.46

China Harmony Auto Holding's Days Payable increased from Dec. 2022 (12.44) to Dec. 2023 (19.42). It may suggest that China Harmony Auto Holding delayed paying its suppliers.

China Harmony Auto Holding Days Payable Historical Data

The historical data trend for China Harmony Auto Holding'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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China Harmony Auto Holding Days Payable Chart

China Harmony Auto Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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4.03

5.06

5.32

10.46

19.62

China Harmony Auto Holding 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															5.15	8.31	12.44	16.24	19.42

Competitive Comparison of China Harmony Auto Holding's Days Payable

For the Auto & Truck Dealerships subindustry, China Harmony Auto Holding'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 Harmony Auto Holding's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, China Harmony Auto Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where China Harmony Auto Holding's Days Payable falls into.

China Harmony Auto Holding 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 Harmony Auto Holding'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
=	( (709.265	+	1126.492)	/	2 )	/	17079.574	*	365
=	917.8785					/	17079.574	*	365
=	19.62

China Harmony Auto Holding'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
=	( (755.949	+	1126.492)	/	2 )	/	8845.474	*	365 / 2
=	941.2205					/	8845.474	*	365 / 2
=	19.42

China Harmony Auto Holding Days Payable Related Terms

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China Harmony Auto Holding (HKSE:03836) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Harmony Auto Holding Ltd (HKSE:03836) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HA5:Germany

Address

No. 16, Shangwuneihuan Road, 15A, Tower A, World Trade Center Building, CBD Zhengdong New District, Henan Province, Zhengzhou, CHN, 450000

Website

http://www.hexieauto.com

China Harmony Auto Holding Ltd is a China car dealer involved mainly in the business of high-end luxury and ultra-luxury vehicles. The company distributes luxury and ultra-luxury cars in China, including Rolls-Royce, Aston Martin, BMW, Lexus, Land Rover, Ferrari, and Maserati, through more than 70 dealerships dispersed across large and midsize cities such as Beijing, Shanghai, Xiamen, Guangzhou, and Wuhan.

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