China YuHua Education (HKSE:06169) Days Payable : 20.79 (As of Aug. 2023)

View and export this data going back to 2017. Start your Free Trial

What is China YuHua Education Days Payable?

China YuHua Education's average Accounts Payable for the six months ended in Aug. 2023 was HK$74 Mil. China YuHua Education's Cost of Goods Sold for the six months ended in Aug. 2023 was HK$650 Mil. Hence, China YuHua Education's Days Payable for the six months ended in Aug. 2023 was 20.79.

The historical rank and industry rank for China YuHua Education's Days Payable or its related term are showing as below:

HKSE:06169' s Days Payable Range Over the Past 10 Years
Min: 11.25 Med: 16.12 Max: 26.11
Current: 17.02

During the past 10 years, China YuHua Education's highest Days Payable was 26.11. The lowest was 11.25. And the median was 16.12.

HKSE:06169's Days Payable is ranked worse than
68.72% of 211 companies
in the Education industry
Industry Median: 35.9 vs HKSE:06169: 17.02

China YuHua Education's Days Payable increased from Aug. 2022 (19.60) to Aug. 2023 (20.79). It may suggest that China YuHua Education delayed paying its suppliers.

China YuHua Education Days Payable Historical Data

The historical data trend for China YuHua Education'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.

China YuHua Education Days Payable Chart

China YuHua Education Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

Get a 7-Day Free Trial

25.36

26.11

18.44

18.84

18.59

China YuHua Education Semi-Annual Data
	Aug14	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Payable	Get a 7-Day Free Trial														12.48	19.60	18.68	20.79	13.83

Competitive Comparison of China YuHua Education's Days Payable

For the Education & Training Services subindustry, China YuHua Education'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.

China YuHua Education's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China YuHua Education's Days Payable distribution charts can be found below:

* The bar in red indicates where China YuHua Education's Days Payable falls into.

China YuHua Education 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.

China YuHua Education's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (67.864	+	67.722)	/	2 )	/	1330.776	*	365
=	67.793					/	1330.776	*	365
=	18.59

China YuHua Education's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (80.316	+	67.722)	/	2 )	/	649.654	*	365 / 2
=	74.019					/	649.654	*	365 / 2
=	20.79

China YuHua Education Days Payable Related Terms

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

China YuHua Education (HKSE:06169) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China YuHua Education Corp Ltd (HKSE:06169) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

2YU:Germany

Address

3 Mazhuang Street, No. 21, 4th Floor, Block 10, Zhengdong New District, Zhengzhou, CHN

Website

http://www.yuhuachina.com

China YuHua Education is a leading private education provider based in Henan, China. It currently offers higher education and secondary education after the deconsolidation of K-9 schools in 2021. YuHua operates 10 schools across mainland China and overseas as of August 2023. Total enrolled students reached 125,631 as of February 2023, ranking fourth among listed private higher education providers in China.

China YuHua Education (HKSE:06169) Headlines

No Headlines