Hoa Phat Group JSC (STC:HPG) Days Payable : 35.47 (As of Dec. 2023)

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What is Hoa Phat Group JSC Days Payable?

Hoa Phat Group JSC's average Accounts Payable for the three months ended in Dec. 2023 was ₫11,628,196 Mil. Hoa Phat Group JSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₫29,912,195 Mil. Hence, Hoa Phat Group JSC's Days Payable for the three months ended in Dec. 2023 was 35.47.

The historical rank and industry rank for Hoa Phat Group JSC's Days Payable or its related term are showing as below:

STC:HPG' s Days Payable Range Over the Past 10 Years
Min: 38.06 Med: 47.31 Max: 58.24
Current: 42.41

During the past 13 years, Hoa Phat Group JSC's highest Days Payable was 58.24. The lowest was 38.06. And the median was 47.31.

STC:HPG's Days Payable is ranked better than
51.7% of 588 companies
in the Steel industry
Industry Median: 39.59 vs STC:HPG: 42.41

Hoa Phat Group JSC's Days Payable declined from Dec. 2022 (43.89) to Dec. 2023 (35.47). It may suggest that Hoa Phat Group JSC accelerated paying its suppliers.

Hoa Phat Group JSC Days Payable Historical Data

The historical data trend for Hoa Phat Group JSC'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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Hoa Phat Group JSC Days Payable Chart

Hoa Phat Group JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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56.39

47.21

58.24

51.01

40.44

Hoa Phat Group JSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															43.89	46.10	47.22	44.05	35.47

Competitive Comparison of Hoa Phat Group JSC's Days Payable

For the Steel subindustry, Hoa Phat Group JSC'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.

Hoa Phat Group JSC's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hoa Phat Group JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Hoa Phat Group JSC's Days Payable falls into.

Hoa Phat Group JSC 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.

Hoa Phat Group JSC'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
=	( (11107162.924	+	12387496.434)	/	2 )	/	106015187.198	*	365
=	11747329.679					/	106015187.198	*	365
=	40.44

Hoa Phat Group JSC'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (10868894.567	+	12387496.434)	/	2 )	/	29912194.885	*	365 / 4
=	11628195.5005					/	29912194.885	*	365 / 4
=	35.47

Hoa Phat Group JSC Days Payable Related Terms

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Hoa Phat Group JSC (STC:HPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hoa Phat Group JSC (STC:HPG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Nguyen Du, P. Nguyen Du, Hai Ba Trung District, Hanoi, VNM

Website

http://www.hoaphat.com.vn

Hoa Phat Group JSC is engaged in the business of steel production and trading. The company operates through four segments which include Production and trading of steel:, Other industrial production, Construction and development of real estate, and Agriculture. The core segment for operations is the steel production and trading accounts for the majority of the Groups revenue.

Hoa Phat Group JSC (STC:HPG) Headlines

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