Fosun International (HKSE:00656) Days Payable : 62.46 (As of Dec. 2023)

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What is Fosun International Days Payable?

Fosun International's average Accounts Payable for the six months ended in Dec. 2023 was HK$28,539 Mil. Fosun International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$83,393 Mil. Hence, Fosun International's Days Payable for the six months ended in Dec. 2023 was 62.46.

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

HKSE:00656' s Days Payable Range Over the Past 10 Years
Min: 74.4 Med: 108.41 Max: 140.67
Current: 74.4

During the past 13 years, Fosun International's highest Days Payable was 140.67. The lowest was 74.40. And the median was 108.41.

HKSE:00656's Days Payable is ranked better than
62.61% of 468 companies
in the Conglomerates industry
Industry Median: 58.265 vs HKSE:00656: 74.40

Fosun International's Days Payable declined from Dec. 2022 (75.38) to Dec. 2023 (62.46). It may suggest that Fosun International accelerated paying its suppliers.

Fosun International Days Payable Historical Data

The historical data trend for Fosun International'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.

Fosun International Days Payable Chart

Fosun International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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98.67

112.91

86.73

64.65

63.53

Fosun International Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															76.19	77.70	75.38	64.99	62.46

Competitive Comparison of Fosun International's Days Payable

For the Conglomerates subindustry, Fosun International'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.

Fosun International's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fosun International's Days Payable distribution charts can be found below:

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

Fosun International 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.

Fosun International'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
=	( (27240.683	+	28884.152)	/	2 )	/	161226.67	*	365
=	28062.4175					/	161226.67	*	365
=	63.53

Fosun International's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (28194.645	+	28884.152)	/	2 )	/	83393.16	*	365 / 2
=	28539.3985					/	83393.16	*	365 / 2
=	62.46

Fosun International Days Payable Related Terms

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Fosun International (HKSE:00656) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Fosun International Ltd (HKSE:00656) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

FOSUY:USA FOSUF:USA FNI:Germany FNI:Germany

Address

3 Garden Road, Room 808, Industrial and Commercial Bank of China Building, Central, Hong Kong, HKG

Website

https://www.fosun.com

Fosun International Ltd is an investment holding company. The company's operating segments include Health; Happiness; Insurance; Asset Management and Intelligent Manufacturing. It generates maximum revenue from the Happiness segment. The Wealth Segment includes two major sub-segments: Insurance and Asset Management. The Happiness segment comprises principally the operation and investments in tourism and leisure, fashion consumer, and lifestyle industries. Geographically, it derives a majority of its revenue from the Chinese Mainland.

Fosun International (HKSE:00656) Headlines

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