DaChan Food (Asia) (HKSE:03999) Days Payable : 33.41 (As of Dec. 2023)

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What is DaChan Food (Asia) Days Payable?

DaChan Food (Asia)'s average Accounts Payable for the three months ended in Dec. 2023 was HK$578 Mil. DaChan Food (Asia)'s Cost of Goods Sold for the three months ended in Dec. 2023 was HK$1,578 Mil. Hence, DaChan Food (Asia)'s Days Payable for the three months ended in Dec. 2023 was 33.41.

The historical rank and industry rank for DaChan Food (Asia)'s Days Payable or its related term are showing as below:

HKSE:03999' s Days Payable Range Over the Past 10 Years
Min: 28.27 Med: 34.95 Max: 46.31
Current: 44.2

During the past 13 years, DaChan Food (Asia)'s highest Days Payable was 46.31. The lowest was 28.27. And the median was 34.95.

HKSE:03999's Days Payable is ranked worse than
52.58% of 1784 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs HKSE:03999: 44.20

DaChan Food (Asia)'s Days Payable increased from Sep. 2022 (25.28) to Dec. 2023 (33.41). It may suggest that DaChan Food (Asia) delayed paying its suppliers.

DaChan Food (Asia) Days Payable Historical Data

The historical data trend for DaChan Food (Asia)'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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DaChan Food (Asia) Days Payable Chart

DaChan Food (Asia) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.00

46.31

34.89

32.02

32.82

DaChan Food (Asia) Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															30.01	-	29.76	33.41	40.02

Competitive Comparison of DaChan Food (Asia)'s Days Payable

For the Packaged Foods subindustry, DaChan Food (Asia)'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.

DaChan Food (Asia)'s Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, DaChan Food (Asia)'s Days Payable distribution charts can be found below:

* The bar in red indicates where DaChan Food (Asia)'s Days Payable falls into.

DaChan Food (Asia) 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.

DaChan Food (Asia)'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
=	( (553.196	+	579.21)	/	2 )	/	6296.093	*	365
=	566.203					/	6296.093	*	365
=	32.82

DaChan Food (Asia)'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (576.576	+	579.21)	/	2 )	/	1578.219	*	365 / 4
=	577.893					/	1578.219	*	365 / 4
=	33.41

DaChan Food (Asia) Days Payable Related Terms

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DaChan Food (Asia) (HKSE:03999) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DaChan Food (Asia) Ltd (HKSE:03999) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 6 Chaowai Street, Room 401, 4th Floor, Office Tower C, Vanton Center, Chaoyang District, Beijing, CHN, 100020

Website

https://www.dfa3999.com

DaChan Food (Asia) Ltd is an investment holding company. It operates through three segments namely, the Chicken Meat segment which carries on a business of broiler farming, hatching of broiler breeder eggs, contract farming, processing and marketing of chilled and frozen chicken meat marketed under the brand of DaChan and Sisters' Kitchen; The Livestock feeds segment manufactures and distributes complete feed, base mix and pre-mix for swine, layer, broiler, duck, and breeder poultry under the brands of Dr. Nupak, DaChan, and Green Knight; and The Processed food segment produces and distributes pickled, pre-fried, and instant food. The geographical regions of the group are The PRC, Japan and Rest of Asia Pacific.

Executives

Great Wall Feedtech (holdings) Ltd.	2101 Beneficial owner
Great Wall Enterprise Co., Ltd.	2201 Interest of corporation controlled by you
Great Wall International (holdings) Ltd.	2201 Interest of corporation controlled by you
Hansen, Inc.	2101 Beneficial owner

DaChan Food (Asia) (HKSE:03999) Headlines

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