HERB (Yasheng Group) Days Payable: 5.61 (As of Dec. 2015)


What is Yasheng Group Days Payable?

Yasheng Group HERB -1.00% Days Payable is 5.61 as of Dec. 2015.

Yasheng Group's average Accounts Payable for the three months ended in Dec. 2015 was $12.6 Mil. Yasheng Group's Cost of Goods Sold for the three months ended in Dec. 2015 was $204.2 Mil. Hence, Yasheng Group's Days Payable for the three months ended in Dec. 2015 was 5.61.

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

HERB's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.145
* Ranked among companies with meaningful Days Payable only.

Yasheng Group's Days Payable declined from Dec. 2014 (10.10) to Dec. 2015 (5.61). It may suggest that Yasheng Group accelerated paying its suppliers.

Yasheng Group Days Payable Historical Data

* Premium members only.

The historical data trend for Yasheng Group'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.

Yasheng Group Days Payable Chart

Yasheng Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.88 14.03 11.89 12.37 6.10

Yasheng Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 10.10 12.82 11.39 10.13 5.61

HERB vs BIQI: Days Payable Comparison

For the Farm Products subindustry, Yasheng Group'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.

Yasheng Group Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yasheng Group's Days Payable distribution charts can be found below:

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


Yasheng Group 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.

Yasheng Group's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (27.403 + 0.017) / 2 ) / 819.738*365
=13.71 / 819.738*365
=6.10

Yasheng Group's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable (Q: Dec. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2015 ) + Accounts Payable (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (25.092 + 0.017) / 2 ) / 204.245*365 / 4
=12.5545 / 204.245*365 / 4
=5.61

* 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 5.61 mean?
Yasheng Group (HERB) has a Days Payable of 5.61 as of Dec. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Yasheng Group and its competitors.
Is Yasheng Group's Days Payable too high?
Yasheng Group's current Days Payable is 5.61. The Consumer Packaged Goods industry median Days Payable is 44.15. Yasheng Group's value of 5.61 is 87.3% below this industry median.
How does Yasheng Group's Days Payable compare to BIQI?
Yasheng Group's Days Payable of 5.61 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.15. Yasheng Group's value of 5.61 is 87.3% below 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 Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,882 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. Yasheng Group's current Days Payable of 5.61 is 87.3% below 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 Yasheng Group and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yasheng Group's current Days Payable is 5.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yasheng Group stock overvalued right now?
Yasheng Group (HERB) has a current Days Payable of 5.61. The current Days Payable is 5.61 and 87.3% below the Consumer Packaged Goods industry median of 44.15. 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 Yasheng Group (HERB), the current Days Payable is 5.61 as of Dec. 2015. 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.

Yasheng Group Business Description

Address 710 Lakeway Drive, Suite 200, Sunnyvale, CA, USA, 94085
Yasheng Group is a Colorado corporation, a U.S. company that conducts business operations in the U.S., China, and the Philippines through four segments: Mining, Agriculture and Biotechnology, and Blockchain+ IOT. The company's agricultural products include herbal medicines, organic herbal food products, ginkgo, songaricum, betel nut, coconut, coffee, wolfberry, hemp, and other specialty crops. It also designs, develops, and markets new technologies related to agriculture and genetic biology.