Hainan Airlines Holding Co (SHSE:900945) Days Payable : 76.90 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Hainan Airlines Holding Co Days Payable?

Hainan Airlines Holding Co's average Accounts Payable for the three months ended in Mar. 2024 was $1,754 Mil. Hainan Airlines Holding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,081 Mil. Hence, Hainan Airlines Holding Co's Days Payable for the three months ended in Mar. 2024 was 76.90.

The historical rank and industry rank for Hainan Airlines Holding Co's Days Payable or its related term are showing as below:

SHSE:900945' s Days Payable Range Over the Past 10 Years
Min: 60.7 Med: 81.22 Max: 149.91
Current: 72.89

During the past 13 years, Hainan Airlines Holding Co's highest Days Payable was 149.91. The lowest was 60.70. And the median was 81.22.

SHSE:900945's Days Payable is ranked better than
76.24% of 930 companies
in the Transportation industry
Industry Median: 39.16 vs SHSE:900945: 72.89

Hainan Airlines Holding Co's Days Payable increased from Mar. 2023 (61.82) to Mar. 2024 (76.90). It may suggest that Hainan Airlines Holding Co delayed paying its suppliers.

Hainan Airlines Holding Co Days Payable Historical Data

The historical data trend for Hainan Airlines Holding 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.

Hainan Airlines Holding Co Days Payable Chart

Hainan Airlines Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

75.63

146.09

126.22

91.33

67.50

Hainan Airlines Holding 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															61.82	69.24	61.16	82.77	76.90

Competitive Comparison of Hainan Airlines Holding Co's Days Payable

For the Airlines subindustry, Hainan Airlines Holding 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.

Hainan Airlines Holding Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hainan Airlines Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hainan Airlines Holding Co's Days Payable falls into.

Hainan Airlines Holding 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.

Hainan Airlines Holding 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
=	( (1088.883	+	1630.112)	/	2 )	/	7351.749	*	365
=	1359.4975					/	7351.749	*	365
=	67.50

Hainan Airlines Holding 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
=	( (1630.112	+	1877.842)	/	2 )	/	2081.387	*	365 / 4
=	1753.977					/	2081.387	*	365 / 4
=	76.90

Hainan Airlines Holding Co Days Payable Related Terms

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

Hainan Airlines Holding Co (SHSE:900945) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hainan Airlines Holding Co Ltd (SHSE:900945) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

600221:China

Address

No. 7 Guoxing Avenue, Hainan Airlines Building, Hainan Province, Haikou, CHN, 570203

Website

http://www.hnair.com

Hainan Airlines Holding Co Ltd is an airline company. The company is engaged in international and domestic air passenger and postal transport business. Its services include aviation travel, production of onboard supplies, aviation equipment, aviation ground equipment and spare parts, terminal service and operation; insurance, and agency service.

Hainan Airlines Holding Co (SHSE:900945) Headlines

No Headlines