Digital China Holdings (Digital China Holdings) Days Payable : 65.79 (As of Dec. 2023)

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What is Digital China Holdings Days Payable?

Digital China Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $506 Mil. Digital China Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,404 Mil. Hence, Digital China Holdings's Days Payable for the six months ended in Dec. 2023 was 65.79.

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

DCHIF' s Days Payable Range Over the Past 10 Years
Min: 62.09 Med: 89.92 Max: 374.61
Current: 84.28

During the past 13 years, Digital China Holdings's highest Days Payable was 374.61. The lowest was 62.09. And the median was 89.92.

DCHIF's Days Payable is ranked better than
67.38% of 469 companies
in the Conglomerates industry
Industry Median: 58.24 vs DCHIF: 84.28

Digital China Holdings's Days Payable declined from Dec. 2022 (75.56) to Dec. 2023 (65.79). It may suggest that Digital China Holdings accelerated paying its suppliers.

Digital China Holdings Days Payable Historical Data

The historical data trend for Digital China 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.

Digital China Holdings Days Payable Chart

Digital China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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88.08

82.49

85.99

91.59

88.08

Digital China 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															78.21	114.34	75.56	112.63	65.79

Competitive Comparison of Digital China Holdings's Days Payable

For the Conglomerates subindustry, Digital China 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.

Digital China Holdings's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Digital China Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Digital China Holdings's Days Payable falls into.

Digital China 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.

Digital China 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
=	( (500.638	+	553.488)	/	2 )	/	2184.209	*	365
=	527.063					/	2184.209	*	365
=	88.08

Digital China 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
=	( (459.066	+	553.488)	/	2 )	/	1404.37	*	365 / 2
=	506.277					/	1404.37	*	365 / 2
=	65.79

Digital China Holdings Days Payable Related Terms

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Digital China Holdings (Digital China Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Digital China Holdings Ltd (OTCPK:DCHIF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DCHIY:USA 910861:Taiwan 00861:Hong Kong DIN:Germany

Address

77-79 Gloucester Road, 31st Floor, Fortis Tower, Wanchai, Hong Kong, HKG

Website

https://www.dcholdings.com

Digital China Holdings is a holding company that through its subsidiaries provides information technology services. The company organizes itself into thre primary segments based on services provided. such as The Big Data Products and Solutions business segment, The Software and Operating Services business segment and The Traditional and Localization Services business segment. Company generates majority revenue from Traditional and Localization Services segment.

Digital China Holdings (Digital China Holdings) Headlines

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