Tianli Holdings Group (HKSE:00117) Days Payable : 117.82 (As of Jun. 2024)

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What is Tianli Holdings Group Days Payable?

Tianli Holdings Group's average Accounts Payable for the six months ended in Jun. 2024 was HK$133.7 Mil. Tianli Holdings Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$207.0 Mil. Hence, Tianli Holdings Group's Days Payable for the six months ended in Jun. 2024 was 117.82.

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

HKSE:00117' s Days Payable Range Over the Past 10 Years
Min: 35.72 Med: 77.82 Max: 103.58
Current: 103.58

During the past 13 years, Tianli Holdings Group's highest Days Payable was 103.58. The lowest was 35.72. And the median was 77.82.

HKSE:00117's Days Payable is ranked better than
71.36% of 2406 companies
in the Hardware industry
Industry Median: 69.04 vs HKSE:00117: 103.58

Tianli Holdings Group's Days Payable increased from Jun. 2023 (68.80) to Jun. 2024 (117.82). It may suggest that Tianli Holdings Group delayed paying its suppliers.

Tianli Holdings Group Days Payable Historical Data

The historical data trend for Tianli Holdings 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.

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Tianli Holdings Group Days Payable Chart

Tianli Holdings Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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71.16

76.39

72.03

79.24

104.46

Tianli Holdings Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															64.29	68.80	85.37	117.82	93.06

Competitive Comparison of Tianli Holdings Group's Days Payable

For the Electronic Components subindustry, Tianli Holdings 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.

Tianli Holdings Group's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tianli Holdings Group's Days Payable distribution charts can be found below:

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

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Tianli Holdings 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.

Tianli Holdings Group'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
=	( (67.862	+	126.928)	/	2 )	/	448.611	*	365
=	97.395					/	448.611	*	365
=	79.24

Tianli Holdings Group'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
=	( (126.928	+	140.38)	/	2 )	/	207.025	*	365 / 2
=	133.654					/	207.025	*	365 / 2
=	117.82

Tianli Holdings Group Days Payable Related Terms

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Tianli Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tianli Holdings Group Ltd (HKSE:00117) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Queen’s Road Central, Suites 2711-12, 27th Floor, The Center, Hong Kong, HKG

Website

http://www.tlhg.com.hk

Tianli Holdings Group Ltd is an investment holding company principally engaged in the manufacturing and sales of electronic products with current focus on multi-layer ceramic chips (MLCC) products. It also provides financial services including direct investments in debt, equity and any other assets, asset management, and financial advisory services. The company operates in Mainland China, Hong Kong, and Other countries.

Executives

Cosmic Riches Investments Limited	2101 Beneficial owner
Du Weilin	2201 Interest of corporation controlled by you
Du Weilin	2201 Interest of corporation controlled by you
Cosmic Riches Investments Limited	2101 Beneficial owner
Dong Jufeng	2201 Interest of corporation controlled by you
Jia Tianjiang	2201 Interest of corporation controlled by you
Ningxia Tianyuan Manganese Industry Group Co., Ltd.	2201 Interest of corporation controlled by you

Tianli Holdings Group Headlines

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