Huabao International Holdings (Huabao International Holdings) Days Payable : 74.01 (As of Dec. 2023)

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What is Huabao International Holdings Days Payable?

Huabao International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $57.3 Mil. Huabao International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $141.4 Mil. Hence, Huabao International Holdings's Days Payable for the six months ended in Dec. 2023 was 74.01.

The historical rank and industry rank for Huabao International Holdings's Days Payable or its related term are showing as below:

HUIHY' s Days Payable Range Over the Past 10 Years
Min: 98.73 Med: 161.59 Max: 207.14
Current: 103.09

During the past 13 years, Huabao International Holdings's highest Days Payable was 207.14. The lowest was 98.73. And the median was 161.59.

HUIHY's Days Payable is ranked better than
77.67% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs HUIHY: 103.09

Huabao International Holdings's Days Payable declined from Dec. 2022 (120.26) to Dec. 2023 (74.01). It may suggest that Huabao International Holdings accelerated paying its suppliers.

Huabao International Holdings Days Payable Historical Data

The historical data trend for Huabao International Holdings'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.

Huabao International Holdings Days Payable Chart

Huabao International Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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170.51

164.25

158.81

144.13

98.95

Huabao International Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															134.57	150.22	120.26	143.65	74.01

Competitive Comparison of Huabao International Holdings's Days Payable

For the Specialty Chemicals subindustry, Huabao International Holdings'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 International Holdings's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Huabao International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Huabao International Holdings's Days Payable falls into.

Huabao International Holdings 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 International Holdings'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
=	( (103.581	+	36.03)	/	2 )	/	257.482	*	365
=	69.8055					/	257.482	*	365
=	98.95

Huabao International Holdings'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
=	( (78.647	+	36.03)	/	2 )	/	141.383	*	365 / 2
=	57.3385					/	141.383	*	365 / 2
=	74.01

Huabao International Holdings Days Payable Related Terms

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Huabao International Holdings (Huabao International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Huabao International Holdings Ltd (OTCPK:HUIHY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HUABF:USA 00336:Hong Kong CEY2:Germany

Address

18 Harbour Road, Suite 3008, 30th Floor, Central Plaza, Wanchai, Hong Kong, HKG

Website

http://www.huabao.com.hk

Huabao International Holdings Ltd is an investment holding company. Its segments are Flavours and fragrances, Tobacco raw materials, aroma raw materials, and Condiments. The company generates maximum revenue from Flavours and fragrances segment. Its Flavours and fragrances segment includes research and development, production and sale of flavors and fragrances products.

Huabao International Holdings (Huabao International Holdings) Headlines

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