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EHGO (Eshallgo) Days Payable : 32.83 (As of Sep. 2024)


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What is Eshallgo Days Payable?

Eshallgo's average Accounts Payable for the six months ended in Sep. 2024 was $0.92 Mil. Eshallgo's Cost of Goods Sold for the six months ended in Sep. 2024 was $5.14 Mil. Hence, Eshallgo's Days Payable for the six months ended in Sep. 2024 was 32.83.

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

EHGO' s Days Payable Range Over the Past 10 Years
Min: 25.62   Med: 38.43   Max: 44.37
Current: 44.37

During the past 5 years, Eshallgo's highest Days Payable was 44.37. The lowest was 25.62. And the median was 38.43.

EHGO's Days Payable is ranked worse than
74.58% of 2942 companies
in the Industrial Products industry
Industry Median: 76.25 vs EHGO: 44.37

Eshallgo's Days Payable declined from Sep. 2023 (49.01) to Sep. 2024 (32.83). It may suggest that Eshallgo accelerated paying its suppliers.

Eshallgo Days Payable Historical Data

The historical data trend for Eshallgo'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.

Eshallgo Days Payable Chart

Eshallgo Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
41.40 30.41 25.62 38.43 39.10

Eshallgo Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Days Payable Get a 7-Day Free Trial Premium Member Only 31.78 40.46 49.01 35.33 32.83

Competitive Comparison of Eshallgo's Days Payable

For the Business Equipment & Supplies subindustry, Eshallgo'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.

Eshallgo's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eshallgo's Days Payable distribution charts can be found below:

* The bar in red indicates where Eshallgo's Days Payable falls into.


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Eshallgo 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.

Eshallgo's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1.731 + 0.924) / 2 ) / 12.393*365
=1.3275 / 12.393*365
=39.10

Eshallgo's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.924 + 0) / 1 ) / 5.136*365 / 2
=0.924 / 5.136*365 / 2
=32.83

* 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.

Eshallgo Days Payable Related Terms

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

Eshallgo Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Eshallgo Inc (NAS:EHGO) » Definitions » Days Payable
Comparable Companies
SDST EPOW ELPW CETY TRSG TPCS PGDE INLF FLUX CVV TSE:7752 TSE:6448 SZSE:002152 SHSE:603899 TSE:8060 TSE:7984 BOM:544045 TSE:4902 SZSE:300130 TSE:7994
Traded in Other Exchanges
N/A
Address
No. 70, Lane 818, Xianing Road, Room 2554, Jinshan Industrial Zone, Pudong New District, Shanghai, CHN, 201506
Website
http://www.eshallgo.com
Eshallgo Inc. focuses on two distinct market sectors: office supply sale and leasing, and after-sale maintenance and repair. It is an authorized distributor of brands of office equipment, including HP, Epson, Xerox, Sharp, Toshiba, Konica, Kyocera, and other brands.