Guangdong Hoshion Aluminium Co (SZSE:002824) Days Payable : 98.79 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Guangdong Hoshion Aluminium Co Days Payable?

Guangdong Hoshion Aluminium Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥676 Mil. Guangdong Hoshion Aluminium Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥624 Mil. Hence, Guangdong Hoshion Aluminium Co's Days Payable for the three months ended in Mar. 2024 was 98.79.

The historical rank and industry rank for Guangdong Hoshion Aluminium Co's Days Payable or its related term are showing as below:

SZSE:002824' s Days Payable Range Over the Past 10 Years
Min: 38.33 Med: 53.14 Max: 100.06
Current: 83.23

During the past 13 years, Guangdong Hoshion Aluminium Co's highest Days Payable was 100.06. The lowest was 38.33. And the median was 53.14.

SZSE:002824's Days Payable is ranked worse than
59.76% of 1066 companies
in the Metals & Mining industry
Industry Median: 138.105 vs SZSE:002824: 83.23

Guangdong Hoshion Aluminium Co's Days Payable declined from Mar. 2023 (121.93) to Mar. 2024 (98.79). It may suggest that Guangdong Hoshion Aluminium Co accelerated paying its suppliers.

Guangdong Hoshion Aluminium Co Days Payable Historical Data

The historical data trend for Guangdong Hoshion Aluminium Co'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.

Guangdong Hoshion Aluminium Co Days Payable Chart

Guangdong Hoshion Aluminium Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

59.92

73.20

68.59

85.01

100.06

Guangdong Hoshion Aluminium Co 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															121.93	89.45	73.20	74.92	98.79

Competitive Comparison of Guangdong Hoshion Aluminium Co's Days Payable

For the Aluminum subindustry, Guangdong Hoshion Aluminium Co'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.

Guangdong Hoshion Aluminium Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Guangdong Hoshion Aluminium Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Hoshion Aluminium Co's Days Payable falls into.

Guangdong Hoshion Aluminium Co 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.

Guangdong Hoshion Aluminium Co'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
=	( (652.918	+	675.862)	/	2 )	/	2423.642	*	365
=	664.39					/	2423.642	*	365
=	100.06

Guangdong Hoshion Aluminium Co'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
=	( (675.862	+	676.353)	/	2 )	/	624.49	*	365 / 4
=	676.1075					/	624.49	*	365 / 4
=	98.79

Guangdong Hoshion Aluminium Co Days Payable Related Terms

Thank you for viewing the detailed overview of Guangdong Hoshion Aluminium Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Hoshion Aluminium Co (SZSE:002824) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guangdong Hoshion Aluminium Co Ltd (SZSE:002824) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 5, Meiyuan Road, Qianyu Industrial Zone, Sanxiang Town, Guangdong Province, Zhongshan, CHN, 528463

Website

http://www.hoshion.com/en

Guangdong Hoshion Aluminium Co Ltd is an industrial aluminum manufacturer. The firm research, produce, and develop aluminum casting, anodizing, tooling, extrusion, and other products. It offers consumer electronics, such as OPC and driven rollers for copier printers; power bank housing products; aluminum for TV frames; electronic products extrusion materials; arm of computer hard disc; seamless pipes for lens; and photographic equipment. It also provides automobile anti-collision beams; high precision large sectional rectangle pipes; colied pipesinner thread pipes; and forging parts. In addition, the firm offers seamless pipes for baseball bars; kitchen and bathroom components; aluminum used lighting and snow shoes; electric heating tubes; and conditioner frames.

Executives

Zhang Hong	Independent director
Jin Jiong	Directors, executives
Li Jian Xiang	Director
Chen Hua Ping	Executives
Li Jiang	Secretary, Director
Huang Jia Hui	Director
Zhou Feng Hui	Supervisors

Guangdong Hoshion Aluminium Co (SZSE:002824) Headlines

No Headlines