Huabao Flavours & Fragrances Co (SZSE:300741) Days Payable : 79.47 (As of Mar. 2024)

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What is Huabao Flavours & Fragrances Co Days Payable?

Huabao Flavours & Fragrances Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥127 Mil. Huabao Flavours & Fragrances Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥146 Mil. Hence, Huabao Flavours & Fragrances Co's Days Payable for the three months ended in Mar. 2024 was 79.47.

The historical rank and industry rank for Huabao Flavours & Fragrances Co's Days Payable or its related term are showing as below:

SZSE:300741' s Days Payable Range Over the Past 10 Years
Min: 67.13 Med: 96.47 Max: 136.37
Current: 67.13

During the past 10 years, Huabao Flavours & Fragrances Co's highest Days Payable was 136.37. The lowest was 67.13. And the median was 96.47.

SZSE:300741's Days Payable is ranked better than
56.56% of 1501 companies
in the Chemicals industry
Industry Median: 60.59 vs SZSE:300741: 67.13

Huabao Flavours & Fragrances Co's Days Payable declined from Mar. 2023 (91.02) to Mar. 2024 (79.47). It may suggest that Huabao Flavours & Fragrances Co accelerated paying its suppliers.

Huabao Flavours & Fragrances Co Days Payable Historical Data

The historical data trend for Huabao Flavours & Fragrances 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.

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Huabao Flavours & Fragrances Co Days Payable Chart

Huabao Flavours & Fragrances Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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105.76

91.56

83.55

80.29

82.22

Huabao Flavours & Fragrances 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															91.02	65.97	60.82	62.91	79.47

Competitive Comparison of Huabao Flavours & Fragrances Co's Days Payable

For the Specialty Chemicals subindustry, Huabao Flavours & Fragrances 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.

Huabao Flavours & Fragrances Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huabao Flavours & Fragrances Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Huabao Flavours & Fragrances Co's Days Payable falls into.

Huabao Flavours & Fragrances 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.

Huabao Flavours & Fragrances 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
=	( (171.164	+	129.329)	/	2 )	/	666.98	*	365
=	150.2465					/	666.98	*	365
=	82.22

Huabao Flavours & Fragrances 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
=	( (129.329	+	124.511)	/	2 )	/	145.734	*	365 / 4
=	126.92					/	145.734	*	365 / 4
=	79.47

Huabao Flavours & Fragrances Co Days Payable Related Terms

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Huabao Flavours & Fragrances Co (SZSE:300741) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Huabao Flavours & Fragrances Co Ltd (SZSE:300741) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

6th Floor, Investment Tower, Galsang Road, Lhasa Economic and Technological Development Zone, Tibet Autonomous Region, Lhasa, CHN, 851418

Website

http://www.hbflavor.com

Huabao Flavours & Fragrances Co Ltd is principally engaged in the research and development, production, sales and services of tobacco flavors, food flavors, daily chemical flavors and food ingredients. It owns a series of well-known flavor brands, such as Huabao, H&K, Tianhong, HEDON, Hua Fang, Owada, and Amber. Geographically, the business activities of the group are carried out through the region of China.

Executives

Zhu Qi	Supervisors
Zhu Lin Yao	Director

Huabao Flavours & Fragrances Co (SZSE:300741) Headlines

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