Chaoda Modern Agriculture (Holdings) (FRA:CHA) Days Payable : 13.87 (As of Jun. 2024)

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

What is Chaoda Modern Agriculture (Holdings) Days Payable?

Chaoda Modern Agriculture (Holdings)'s average Accounts Payable for the six months ended in Jun. 2024 was €0.23 Mil. Chaoda Modern Agriculture (Holdings)'s Cost of Goods Sold for the six months ended in Jun. 2024 was €2.99 Mil. Hence, Chaoda Modern Agriculture (Holdings)'s Days Payable for the six months ended in Jun. 2024 was 13.87.

The historical rank and industry rank for Chaoda Modern Agriculture (Holdings)'s Days Payable or its related term are showing as below:

FRA:CHA' s Days Payable Range Over the Past 10 Years
Min: 2.47 Med: 13.78 Max: 15.97
Current: 13.51

During the past 13 years, Chaoda Modern Agriculture (Holdings)'s highest Days Payable was 15.97. The lowest was 2.47. And the median was 13.78.

FRA:CHA's Days Payable is ranked worse than
93.08% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 45.78 vs FRA:CHA: 13.51

Chaoda Modern Agriculture (Holdings)'s Days Payable declined from Jun. 2023 (14.69) to Jun. 2024 (13.87). It may suggest that Chaoda Modern Agriculture (Holdings) accelerated paying its suppliers.

Chaoda Modern Agriculture (Holdings) Days Payable Historical Data

The historical data trend for Chaoda Modern Agriculture (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.

Chaoda Modern Agriculture (Holdings) Days Payable Chart

Chaoda Modern Agriculture (Holdings) Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

Get a 7-Day Free Trial

15.71

16.31

15.11

15.21

13.56

Chaoda Modern Agriculture (Holdings) Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															16.52	15.40	14.69	13.16	13.87

Competitive Comparison of Chaoda Modern Agriculture (Holdings)'s Days Payable

For the Farm Products subindustry, Chaoda Modern Agriculture (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.

Chaoda Modern Agriculture (Holdings)'s Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chaoda Modern Agriculture (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Chaoda Modern Agriculture (Holdings)'s Days Payable falls into.

Chaoda Modern Agriculture (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.

Chaoda Modern Agriculture (Holdings)'s Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0.263	+	0.217)	/	2 )	/	6.459	*	365
=	0.24					/	6.459	*	365
=	13.56

Chaoda Modern Agriculture (Holdings)'s Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.238	+	0.217)	/	2 )	/	2.994	*	365 / 2
=	0.2275					/	2.994	*	365 / 2
=	13.87

Chaoda Modern Agriculture (Holdings) Days Payable Related Terms

Thank you for viewing the detailed overview of Chaoda Modern Agriculture (Holdings)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Chaoda Modern Agriculture (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chaoda Modern Agriculture (Holdings) Ltd (FRA:CHA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CMGHF:USA 00682:Hong Kong CHA:Germany

Address

133 Wan Chai Road, Room B, 21st Floor, Times Media Centre, Wanchai, Hong Kong, HKG

Website

http://www.chaoda.hk.cn

Chaoda Modern Agriculture (Holdings) Ltd operates as an investment holding company. Along with its subsidiaries, it engages in the production and sale of agricultural products. The company's main businesses include the growing and sales of crops, as well as the breeding and sales of livestock. Its product offerings include various vegetables and fruits such as broccoli, sweet corn, cabbage, pumpkin, lettuce, and tangerine, among others which are sold under the Chaoda brand. The firm earns a majority of its revenue from the sales of crops in Hong Kong.