Yip's Chemical Holdings (HKSE:00408) Days Payable : 101.39 (As of Dec. 2024)

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What is Yip's Chemical Holdings Days Payable?

Yip's Chemical Holdings's average Accounts Payable for the six months ended in Dec. 2024 was HK$678 Mil. Yip's Chemical Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$1,221 Mil. Hence, Yip's Chemical Holdings's Days Payable for the six months ended in Dec. 2024 was 101.39.

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

HKSE:00408' s Days Payable Range Over the Past 10 Years
Min: 60.77 Med: 69.61 Max: 265.42
Current: 104.25

During the past 13 years, Yip's Chemical Holdings's highest Days Payable was 265.42. The lowest was 60.77. And the median was 69.61.

HKSE:00408's Days Payable is ranked better than
78.28% of 1510 companies
in the Chemicals industry
Industry Median: 58.215 vs HKSE:00408: 104.25

Yip's Chemical Holdings's Days Payable declined from Dec. 2023 (102.24) to Dec. 2024 (101.39). It may suggest that Yip's Chemical Holdings accelerated paying its suppliers.

Yip's Chemical Holdings Days Payable Historical Data

The historical data trend for Yip's Chemical 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.

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Yip's Chemical Holdings Days Payable Chart

Yip's Chemical Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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70.73

265.42

234.88

105.34

107.07

Yip's Chemical Holdings 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															181.69	104.55	102.24	104.32	101.39

Competitive Comparison of Yip's Chemical Holdings's Days Payable

For the Specialty Chemicals subindustry, Yip's Chemical 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.

Yip's Chemical Holdings's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Yip's Chemical Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Yip's Chemical Holdings's Days Payable falls into.

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Yip's Chemical 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.

Yip's Chemical Holdings's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (716.29	+	702.736)	/	2 )	/	2418.745	*	365
=	709.513					/	2418.745	*	365
=	107.07

Yip's Chemical Holdings's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (653.473	+	702.736)	/	2 )	/	1220.624	*	365 / 2
=	678.1045					/	1220.624	*	365 / 2
=	101.39

Yip's Chemical Holdings Days Payable Related Terms

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Yip's Chemical Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Yip's Chemical Holdings Ltd (HKSE:00408) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

YIPCF:USA

Address

Nos. 77-79 Gloucester Road, 27th Floor, Fortis Tower, Wanchai, Hong Kong, HKG

Website

https://www.yipschemical.com

Yip's Chemical Holdings Ltd produces petrochemical products. It has four segments, coatings, inks, lubricants, and properties. The Coatings, Inks, and Lubricants segments are in the manufacturing and trading of coatings, inks, and lubricants-related products. The Properties segment includes property investment and holding of the Group's properties not used for production plants, central administration office, and not used for other operating segments, including but not limited to properties for rental.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Yip Tsz Hin	2202 Interest of your spouse
Ip Chi Shing	2101 Beneficial owner
Ip Fung Kuen	2101 Beneficial owner
Fidelity Puritan Trust	2101 Beneficial owner

Yip's Chemical Holdings Headlines

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