Zhongzheng International Co (FRA:FRZS) Days Payable : 780.84 (As of Dec. 2023)

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What is Zhongzheng International Co Days Payable?

Zhongzheng International Co's average Accounts Payable for the six months ended in Dec. 2023 was €39.32 Mil. Zhongzheng International Co's Cost of Goods Sold for the six months ended in Dec. 2023 was €9.19 Mil. Hence, Zhongzheng International Co's Days Payable for the six months ended in Dec. 2023 was 780.84.

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

FRA:FRZS' s Days Payable Range Over the Past 10 Years
Min: 46.57 Med: 60.56 Max: 1561.08
Current: 1561.08

During the past 13 years, Zhongzheng International Co's highest Days Payable was 1561.08. The lowest was 46.57. And the median was 60.56.

FRA:FRZS's Days Payable is ranked better than
98.66% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs FRA:FRZS: 1561.08

Zhongzheng International Co's Days Payable declined from Dec. 2021 (1,386.97) to Dec. 2023 (780.84). It may suggest that Zhongzheng International Co accelerated paying its suppliers.

Zhongzheng International Co Days Payable Historical Data

The historical data trend for Zhongzheng International 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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Zhongzheng International Co Days Payable Chart

Zhongzheng International Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Jun23

Days Payable

Get a 7-Day Free Trial

58.62

86.87

76.76

265.71

56.46

Zhongzheng International Co Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															206.48	1,999.30	1,386.97	-	780.84

Competitive Comparison of Zhongzheng International Co's Days Payable

For the Household & Personal Products subindustry, Zhongzheng International 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.

Zhongzheng International Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zhongzheng International Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhongzheng International Co's Days Payable falls into.

Zhongzheng International 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.

Zhongzheng International Co's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (14.371	+	8.203)	/	2 )	/	72.966	*	365
=	11.287					/	72.966	*	365
=	56.46

Zhongzheng International Co'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
=	( (8.203	+	70.429)	/	2 )	/	9.189	*	365 / 2
=	39.316					/	9.189	*	365 / 2
=	780.84

Zhongzheng International Co Days Payable Related Terms

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Zhongzheng International Co (FRA:FRZS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zhongzheng International Co Ltd (FRA:FRZS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00943:Hong Kong

Address

56 Gloucester Road, Bank of East Asia Harbour View Centre, Room 1005, Wanchai, Hong Kong, HKG

Website

https://www.zhongzheng.com.hk

Zhongzheng International Co Ltd is an investment holding company. The company's segment includes Property development; Primary land development; Money lending business; Coal mining business and Healthcare and household business. It generates maximum revenue from the Healthcare and household business segments. Geographically, it derives a majority of its revenue from The People's Republic of China.

Zhongzheng International Co (FRA:FRZS) Headlines

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