Hengtai Securities Co (HKSE:01476) Days Payable

: 29,212.30 (As of Dec. 2023)

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Hengtai Securities Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$12,327 Mil. Hengtai Securities Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$77 Mil. Hence, Hengtai Securities Co's Days Payable for the six months ended in Dec. 2023 was 29,212.30.

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

HKSE:01476' s Days Payable Range Over the Past 10 Years
Min: 2367.45 Med: 3451.3 Max: 25639.7
Current: 25639.7

During the past 10 years, Hengtai Securities Co's highest Days Payable was 25639.70. The lowest was 2367.45. And the median was 3451.30.

HKSE:01476's Days Payable is ranked better than
99.05% of 524 companies
in the Capital Markets industry
Industry Median: 94.035 vs HKSE:01476: 25639.70

Hengtai Securities Co's Days Payable increased from Dec. 2022 (25,765.26) to Dec. 2023 (29,212.30). It may suggest that Hengtai Securities Co delayed paying its suppliers.

Hengtai Securities Co Days Payable Historical Data

The historical data trend for Hengtai Securities 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.

* Premium members only.

Hengtai Securities Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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2,434.97

2,428.84

12,668.97

23,646.28

25,069.02

Hengtai Securities Co Semi-Annual Data
	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														-	23,286.16	25,765.26	23,450.92	29,212.30

Competitive Comparison

For the Capital Markets subindustry, Hengtai Securities 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.

Hengtai Securities Co Days Payable Distribution

For the Capital Markets industry and Financial Services sector, Hengtai Securities Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hengtai Securities Co's Days Payable falls into.

Hengtai Securities 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.

Hengtai Securities Co'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
=	( (13138.237	+	11495.753)	/	2 )	/	179.333	*	365
=	12316.995					/	179.333	*	365
=	25,069.02

Hengtai Securities 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
=	( (13158.149	+	11495.753)	/	2 )	/	77.011	*	365 / 2
=	12326.951					/	77.011	*	365 / 2
=	29,212.30

Hengtai Securities Co Days Payable Related Terms

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Hengtai Securities Co (HKSE:01476) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Hengtai Securities Co Ltd (HKSE:01476) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 17 Finance Street, 11th Floor, China Life Centre, Xicheng District, Beijing, CHN, 100033

Website

https://www.cnht.com.cn

Hengtai Securities Co Ltd offers financial products and services to individuals, corporations, financial institutions, and government entities. The company's operating segment includes Brokerage and wealth management; Investment banking; Proprietary trading; Investment management and Others. It generates maximum revenue from the Brokerage and wealth management segment. Brokerage and wealth management segment engaged in the trading of stocks, funds, bonds and futures on behalf of the clients, and also providing investment and financing solutions to high end, professional and institutional clients. In addition, the sale of financial products, margin financing, and securities lending.

Hengtai Securities Co (HKSE:01476) Headlines

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