Hoang Huy Investment Services JSC (STC:HHS) Days Payable : 48.75 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Hoang Huy Investment Services JSC Days Payable?

Hoang Huy Investment Services JSC's average Accounts Payable for the three months ended in Mar. 2024 was ₫65,298 Mil. Hoang Huy Investment Services JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫122,226 Mil. Hence, Hoang Huy Investment Services JSC's Days Payable for the three months ended in Mar. 2024 was 48.75.

The historical rank and industry rank for Hoang Huy Investment Services JSC's Days Payable or its related term are showing as below:

STC:HHS' s Days Payable Range Over the Past 10 Years
Min: 9.12 Med: 37.11 Max: 111.11
Current: 83.79

During the past 13 years, Hoang Huy Investment Services JSC's highest Days Payable was 111.11. The lowest was 9.12. And the median was 37.11.

STC:HHS's Days Payable is ranked better than
56.59% of 205 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 72.32 vs STC:HHS: 83.79

Hoang Huy Investment Services JSC's Days Payable declined from Mar. 2023 (414.14) to Mar. 2024 (48.75). It may suggest that Hoang Huy Investment Services JSC accelerated paying its suppliers.

Hoang Huy Investment Services JSC Days Payable Historical Data

The historical data trend for Hoang Huy Investment Services JSC'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.

Hoang Huy Investment Services JSC Days Payable Chart

Hoang Huy Investment Services JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

38.14

14.68

36.07

65.47

60.99

Hoang Huy Investment Services JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															414.14	258.23	68.78	48.29	48.75

Competitive Comparison of Hoang Huy Investment Services JSC's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Hoang Huy Investment Services JSC'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.

Hoang Huy Investment Services JSC's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hoang Huy Investment Services JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Hoang Huy Investment Services JSC's Days Payable falls into.

Hoang Huy Investment Services JSC 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.

Hoang Huy Investment Services JSC'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
=	( (59887.433	+	49049.662)	/	2 )	/	325971.614	*	365
=	54468.5475					/	325971.614	*	365
=	60.99

Hoang Huy Investment Services JSC's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (49049.662	+	81546.813)	/	2 )	/	122226.402	*	365 / 4
=	65298.2375					/	122226.402	*	365 / 4
=	48.75

Hoang Huy Investment Services JSC Days Payable Related Terms

Thank you for viewing the detailed overview of Hoang Huy Investment Services JSC's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hoang Huy Investment Services JSC (STC:HHS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hoang Huy Investment Services JSC (STC:HHS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

116 Nguyen Duc Canh, Cat Dai Ward, Le Chan District, Hai Phong City, VNM

Website

http://www.hhs.hoanghuy.com.vn

Hoang Huy Investment Services JSC is a Vietnam based company engaged in the business of manufacturing and importing medium and heavy trucks with DONGFENG brand - HO BAC. It is also involved in investing in large-scale real estate projects. The products offered by the company covers tractor truck, 3-foot ben cart, Ben8 ton truck, 4-legged truck, 2-foot barrel truck, trucks 5-foot container, concrete mixing car, and specialized vehicles.