Vitasoy International Holdings (Vitasoy International Holdings) Days Payable : 99.77 (As of Sep. 2023)

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What is Vitasoy International Holdings Days Payable?

Vitasoy International Holdings's average Accounts Payable for the six months ended in Sep. 2023 was $117.3 Mil. Vitasoy International Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $214.5 Mil. Hence, Vitasoy International Holdings's Days Payable for the six months ended in Sep. 2023 was 99.77.

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

VTSYF' s Days Payable Range Over the Past 10 Years
Min: 55.81 Med: 65.17 Max: 112.16
Current: 112.16

During the past 13 years, Vitasoy International Holdings's highest Days Payable was 112.16. The lowest was 55.81. And the median was 65.17.

VTSYF's Days Payable is ranked better than
85.06% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.55 vs VTSYF: 112.16

Vitasoy International Holdings's Days Payable increased from Sep. 2022 (96.85) to Sep. 2023 (99.77). It may suggest that Vitasoy International Holdings delayed paying its suppliers.

Vitasoy International Holdings Days Payable Historical Data

The historical data trend for Vitasoy 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.

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Vitasoy International Holdings Days Payable Chart

Vitasoy International Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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64.73

65.25

78.42

105.29

103.29

Vitasoy International Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															91.55	111.92	96.85	122.24	99.77

Competitive Comparison of Vitasoy International Holdings's Days Payable

For the Packaged Foods subindustry, Vitasoy 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.

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

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

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

Vitasoy 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.

Vitasoy International Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (127.198	+	112.833)	/	2 )	/	424.116	*	365
=	120.0155					/	424.116	*	365
=	103.29

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

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (112.833	+	121.737)	/	2 )	/	214.536	*	365 / 2
=	117.285					/	214.536	*	365 / 2
=	99.77

Vitasoy International Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Vitasoy International Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Vitasoy International Holdings (Vitasoy International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vitasoy International Holdings Ltd (OTCPK:VTSYF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00345:Hong Kong

Address

Number 1 Kin Wong Street, Tuen Mun, New Territories, Hong Kong, HKG

Website

https://www.vitasoy.com

Vitasoy International Holdings Ltd manufactures and sells tofu, soy and other plant-based milks, dairy milk, juice, and packaged tea and water. Vitasoy's brands include Vitasoy, Vita, Calci-Plus, Sansui, and Unicurd. Its two biggest markets are China and Hong Kong, which collectively account for more than three-quarters of the company's sales. Most remaining sales are generated in North America, Australia, New Zealand, and Singapore, although the company's products are sold in roughly 40 countries worldwide.

Vitasoy International Holdings (Vitasoy International Holdings) Headlines

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