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Tianyun International Holdings (HKSE:06836) Days Payable : 26.96 (As of Jun. 2023)


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What is Tianyun International Holdings Days Payable?

Tianyun International Holdings's average Accounts Payable for the six months ended in Jun. 2023 was HK$41.3 Mil. Tianyun International Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$279.7 Mil. Hence, Tianyun International Holdings's Days Payable for the six months ended in Jun. 2023 was 26.96.

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

HKSE:06836' s Days Payable Range Over the Past 10 Years
Min: 9.87   Med: 13.19   Max: 29.49
Current: 29.49

During the past 9 years, Tianyun International Holdings's highest Days Payable was 29.49. The lowest was 9.87. And the median was 13.19.

HKSE:06836's Days Payable is ranked worse than
72.54% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs HKSE:06836: 29.49

Tianyun International Holdings's Days Payable increased from Jun. 2022 (23.92) to Jun. 2023 (26.96). It may suggest that Tianyun International Holdings delayed paying its suppliers.


Tianyun International Holdings Days Payable Historical Data

The historical data trend for Tianyun 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.

Tianyun International Holdings Days Payable Chart

Tianyun International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only 14.34 13.47 13.95 10.55 11.14

Tianyun International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.94 9.50 23.92 21.13 26.96

Competitive Comparison of Tianyun International Holdings's Days Payable

For the Packaged Foods subindustry, Tianyun 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.


Tianyun International Holdings's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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



Tianyun 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.

Tianyun International Holdings'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
=( (21.601 + 11.855) / 2 ) / 548.172*365
=16.728 / 548.172*365
=11.14

Tianyun International Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (11.855 + 70.793) / 2 ) / 279.723*365 / 2
=41.324 / 279.723*365 / 2
=26.96

* 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.


Tianyun International Holdings Days Payable Related Terms

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Tianyun International Holdings (HKSE:06836) Business Description

Traded in Other Exchanges
Address
Middle Phoenix Street, Hedong District, Shandong Province, Linyi, CHN
Tianyun International Holdings Ltd is an investment holding company, which engages in the manufacture, process, and trade of fruits in the People's Republic of China and internationally. The company provides processed fruit products packaged in metal containers, plastic cups, glass containers and aluminium foil bags; the production and sales of beverage products; and trading of fresh fruit. Processed fruit products are sold under its own brands Bingo Time, Tiantong Times and fruit zz. Beverage products are sold under its own brand Shiok Party. Its segment includes manufacturing and trading of fresh fruits and processed fruit products.

Tianyun International Holdings (HKSE:06836) Headlines

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