CAOHF (FDG Electric Vehicles) Days Payable: 394.51 (As of Sep. 2019)


CAOHF FDG Electric Vehicles Ltd CAOHF
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What is FDG Electric Vehicles Days Payable?

FDG Electric Vehicles CAOHF 12 Days Payable is 394.51 as of Sep. 2019. GuruFocus rates CAOHF with a GF Score™ of 12/100.

FDG Electric Vehicles's average Accounts Payable for the six months ended in Sep. 2019 was $125.35 Mil. FDG Electric Vehicles's Cost of Goods Sold for the six months ended in Sep. 2019 was $57.99 Mil. Hence, FDG Electric Vehicles's Days Payable for the six months ended in Sep. 2019 was 394.51.

The historical rank and industry rank for FDG Electric Vehicles's Days Payable or its related term are showing as below:

CAOHF's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 67.035
* Ranked among companies with meaningful Days Payable only.

FDG Electric Vehicles's Days Payable declined from Sep. 2018 (1,318.88) to Sep. 2019 (394.51). It may suggest that FDG Electric Vehicles accelerated paying its suppliers.

FDG Electric Vehicles Days Payable Historical Data

* Premium members only.

The historical data trend for FDG Electric Vehicles'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.

FDG Electric Vehicles Days Payable Chart

FDG Electric Vehicles Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 452.02 1,026.75 337.15 550.13 1,299.27

FDG Electric Vehicles Semi-Annual Data
Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 844.26 405.00 1,318.88 1,004.59 394.51

CAOHF vs APTV: Days Payable Comparison

For the Auto Parts subindustry, FDG Electric Vehicles'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.

FDG Electric Vehicles Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FDG Electric Vehicles's Days Payable distribution charts can be found below:

* The bar in red indicates where FDG Electric Vehicles's Days Payable falls into.


CAOHF
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FDG Electric Vehicles Ltd CAOHF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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FDG Electric Vehicles 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.

FDG Electric Vehicles's Days Payable for the fiscal year that ended in Mar. 2019 is calculated as

Days Payable (A: Mar. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2018 ) + Accounts Payable (A: Mar. 2019 )) / count ) / Cost of Goods Sold (A: Mar. 2019 )*Days in Period
=( (180.625 + 108.625) / 2 ) / 40.629*365
=144.625 / 40.629*365
=1,299.27

FDG Electric Vehicles's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable (Q: Sep. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2019 ) + Accounts Payable (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (108.625 + 142.074) / 2 ) / 57.986*365 / 2
=125.3495 / 57.986*365 / 2
=394.51

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 394.51 mean?
FDG Electric Vehicles (CAOHF) has a Days Payable of 394.51 as of Sep. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on FDG Electric Vehicles and its competitors.
Is FDG Electric Vehicles' Days Payable too high?
FDG Electric Vehicles' current Days Payable is 394.51. The Vehicles & Parts industry median Days Payable is 67.04. FDG Electric Vehicles' value of 394.51 is 488.5% above this industry median. Overall, FDG Electric Vehicles has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does FDG Electric Vehicles' Days Payable compare to APTV?
FDG Electric Vehicles' Days Payable of 394.51 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.04. FDG Electric Vehicles' value of 394.51 is 488.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.04, based on 1,308 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FDG Electric Vehicles's current Days Payable of 394.51 is 488.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on FDG Electric Vehicles and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FDG Electric Vehicles's current Days Payable is 394.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FDG Electric Vehicles stock overvalued right now?
FDG Electric Vehicles (CAOHF) has a current Days Payable of 394.51. The current Days Payable is 394.51 and 488.5% above the Vehicles & Parts industry median of 67.04. FDG Electric Vehicles' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For FDG Electric Vehicles (CAOHF), the current Days Payable is 394.51 as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

FDG Electric Vehicles Business Description

Address 26 Harbour Road, Rooms 3001-3005, 30th Floor, China Resources Building, Wanchai, Hong Kong, HKG
FDG Electric Vehicles Ltd is a Hong Kong-based investment holding company principally engaged in the production and distribution of new energy electric vehicles and their core components. The group is principally engaged in research and development, production and sale of lithium-ion batteries and related products. In addition, it is also engaged in vehicle design, manufacture and sale of electric vehicles, leasing of electric vehicles. The company derives the majority of its revenue from selling lithium-ion batteries in China.
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