Haichang Ocean Park Holdings (HKSE:02255) Days Payable : 162.75 (As of Dec. 2023)

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What is Haichang Ocean Park Holdings Days Payable?

Haichang Ocean Park Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$794 Mil. Haichang Ocean Park Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$890 Mil. Hence, Haichang Ocean Park Holdings's Days Payable for the six months ended in Dec. 2023 was 162.75.

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

HKSE:02255' s Days Payable Range Over the Past 10 Years
Min: 136.04 Med: 211.72 Max: 581.18
Current: 189.27

During the past 12 years, Haichang Ocean Park Holdings's highest Days Payable was 581.18. The lowest was 136.04. And the median was 211.72.

HKSE:02255's Days Payable is ranked better than
81.49% of 751 companies
in the Travel & Leisure industry
Industry Median: 60.61 vs HKSE:02255: 189.27

Haichang Ocean Park Holdings's Days Payable declined from Dec. 2022 (183.97) to Dec. 2023 (162.75). It may suggest that Haichang Ocean Park Holdings accelerated paying its suppliers.

Haichang Ocean Park Holdings Days Payable Historical Data

The historical data trend for Haichang Ocean Park 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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Haichang Ocean Park Holdings Days Payable Chart

Haichang Ocean Park Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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316.71

246.61

163.62

222.34

187.84

Haichang Ocean Park 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															191.49	295.67	183.97	230.58	162.75

Competitive Comparison of Haichang Ocean Park Holdings's Days Payable

For the Leisure subindustry, Haichang Ocean Park 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.

Haichang Ocean Park Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Haichang Ocean Park Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Haichang Ocean Park Holdings's Days Payable falls into.

Haichang Ocean Park 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.

Haichang Ocean Park 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
=	( (725.852	+	804.541)	/	2 )	/	1486.868	*	365
=	765.1965					/	1486.868	*	365
=	187.84

Haichang Ocean Park 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
=	( (782.654	+	804.541)	/	2 )	/	889.896	*	365 / 2
=	793.5975					/	889.896	*	365 / 2
=	162.75

Haichang Ocean Park Holdings Days Payable Related Terms

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Haichang Ocean Park Holdings (HKSE:02255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Haichang Ocean Park Holdings Ltd (HKSE:02255) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phase 1, No. 4, Lane 255 Dongyu Road, 31st Floor, Building A, Foreshore Beach World Trade Centre, Pudong New District, Shanghai, CHN, 200123

Website

https://www.haichangoceanpark.com

Haichang Ocean Park Holdings Ltd is a leisure company focused on theme parks. The company operates several theme parks in China with ocean, adventure, and water themes. In addition to theme parks, Haichang owns ancillary commercial properties adjacent to its theme parks that offer complementary services. The company's theme parks and surrounding properties provide rides, sightseeing, entertainment, dining, and shopping. Ocean-themed parks, the style in which Haichang themes most of its parks, focus on marine animal breeding and conservation. Its segments include Park Operations, Operation as a service, and Property Development. Nearly all of its revenues come from Mainland China.

Haichang Ocean Park Holdings (HKSE:02255) Headlines

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