Guangdong Hallsmart Intelligence Technology (BJSE:870726) Days Payable : 83.71 (As of Mar. 2024)

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What is Guangdong Hallsmart Intelligence Technology Days Payable?

Guangdong Hallsmart Intelligence Technology's average Accounts Payable for the three months ended in Mar. 2024 was ¥73.3 Mil. Guangdong Hallsmart Intelligence Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥79.9 Mil. Hence, Guangdong Hallsmart Intelligence Technology's Days Payable for the three months ended in Mar. 2024 was 83.71.

The historical rank and industry rank for Guangdong Hallsmart Intelligence Technology's Days Payable or its related term are showing as below:

BJSE:870726' s Days Payable Range Over the Past 10 Years
Min: 61.63 Med: 74.47 Max: 99.69
Current: 68.93

During the past 9 years, Guangdong Hallsmart Intelligence Technology's highest Days Payable was 99.69. The lowest was 61.63. And the median was 74.47.

BJSE:870726's Days Payable is ranked better than
50.37% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.15 vs BJSE:870726: 68.93

Guangdong Hallsmart Intelligence Technology's Days Payable declined from Mar. 2023 (84.99) to Mar. 2024 (83.71). It may suggest that Guangdong Hallsmart Intelligence Technology accelerated paying its suppliers.

Guangdong Hallsmart Intelligence Technology Days Payable Historical Data

The historical data trend for Guangdong Hallsmart Intelligence Technology'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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Guangdong Hallsmart Intelligence Technology Days Payable Chart

Guangdong Hallsmart Intelligence Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

81.22

66.79

69.60

63.47

61.63

Guangdong Hallsmart Intelligence Technology Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															84.99	63.37	66.50	64.71	83.71

Competitive Comparison of Guangdong Hallsmart Intelligence Technology's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Hallsmart Intelligence Technology'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 Hallsmart Intelligence Technology's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Hallsmart Intelligence Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Hallsmart Intelligence Technology's Days Payable falls into.

Guangdong Hallsmart Intelligence Technology 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 Hallsmart Intelligence Technology's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (59.854	+	62.539)	/	2 )	/	362.414	*	365
=	61.1965					/	362.414	*	365
=	61.63

Guangdong Hallsmart Intelligence Technology'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
=	( (77.938	+	68.649)	/	2 )	/	79.893	*	365 / 4
=	73.2935					/	79.893	*	365 / 4
=	83.71

Guangdong Hallsmart Intelligence Technology Days Payable Related Terms

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Guangdong Hallsmart Intelligence Technology (BJSE:870726) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangdong Hallsmart Intelligence Technology Corp Ltd (BJSE:870726) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

West of the intersection of Guangzhan Road, Guandu Town, Potou District, Guangdong Province, Zhanjiang City, CHN, 524051

Website

https://www.hallsmart.com.cn

Guangdong Hallsmart Intelligence Technology Corp Ltd engages in research and development, production, and sales of small household appliances such as rice cookers, slow cookers, pressure cookers, and baking products.

Guangdong Hallsmart Intelligence Technology (BJSE:870726) Headlines

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