Veson Holdings (HKSE:01399) Days Payable : 119.10 (As of Dec. 2023)

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What is Veson Holdings Days Payable?

Veson Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$2,328 Mil. Veson Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,567 Mil. Hence, Veson Holdings's Days Payable for the six months ended in Dec. 2023 was 119.10.

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

HKSE:01399' s Days Payable Range Over the Past 10 Years
Min: 110.89 Med: 156.76 Max: 186.51
Current: 147.12

During the past 13 years, Veson Holdings's highest Days Payable was 186.51. The lowest was 110.89. And the median was 156.76.

HKSE:01399's Days Payable is ranked better than
76.91% of 2936 companies
in the Industrial Products industry
Industry Median: 76.765 vs HKSE:01399: 147.12

Veson Holdings's Days Payable declined from Dec. 2022 (157.86) to Dec. 2023 (119.10). It may suggest that Veson Holdings accelerated paying its suppliers.

Veson Holdings Days Payable Historical Data

The historical data trend for Veson 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.

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Veson Holdings Days Payable Chart

Veson Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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178.58

176.01

153.19

186.51

160.33

Veson Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															146.88	181.14	157.86	168.87	119.10

Competitive Comparison of Veson Holdings's Days Payable

For the Electrical Equipment & Parts subindustry, Veson 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.

Veson Holdings's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Veson Holdings's Days Payable distribution charts can be found below:

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

Veson 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.

Veson 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
=	( (2918.121	+	2584.298)	/	2 )	/	6263.47	*	365
=	2751.2095					/	6263.47	*	365
=	160.33

Veson 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
=	( (2071.644	+	2584.298)	/	2 )	/	3567.256	*	365 / 2
=	2327.971					/	3567.256	*	365 / 2
=	119.10

Veson Holdings Days Payable Related Terms

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Veson Holdings (HKSE:01399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Veson Holdings Ltd (HKSE:01399) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 98 Jiangbin Avenue East, Fuzhou Pilot Free Trade Zone, Scud Industrial Park, Fujian Province, Mawei District, Fuzhou, CHN

Website

http://www.vesonhldg.com

Veson Holdings Ltd is engaged in the business of original design manufacturing (ODM business) as well as the bare battery cells business. It generates maximum revenue from the ODM business segment which involves the manufacture and supply of lithium-ion battery modules, power banks, motive battery and related accessories for branded mobile phone and tablets and EV manufacturers within and outside China. Geographically, it operates in the PRC. The company's products are used for mobile phones, tablets and digital products battery and related accessories.

Executives

Fang Jin	2201 Interest of corporation controlled by you
Right Grand Holdings Limited	2101 Beneficial owner
Swift Joy Holdings Limited	2101 Beneficial owner

Veson Holdings (HKSE:01399) Headlines

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