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Lianhua Supermarket Holdings Co (HKSE:00980) Days Payable : 90.89 (As of Dec. 2023)


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What is Lianhua Supermarket Holdings Co Days Payable?

Lianhua Supermarket Holdings Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$4,777 Mil. Lianhua Supermarket Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$9,592 Mil. Hence, Lianhua Supermarket Holdings Co's Days Payable for the six months ended in Dec. 2023 was 90.89.

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

HKSE:00980' s Days Payable Range Over the Past 10 Years
Min: 60.38   Med: 65.7   Max: 86.42
Current: 85.28

During the past 13 years, Lianhua Supermarket Holdings Co's highest Days Payable was 86.42. The lowest was 60.38. And the median was 65.70.

HKSE:00980's Days Payable is ranked better than
69.29% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 54.55 vs HKSE:00980: 85.28

Lianhua Supermarket Holdings Co's Days Payable increased from Dec. 2022 (84.74) to Dec. 2023 (90.89). It may suggest that Lianhua Supermarket Holdings Co delayed paying its suppliers.


Lianhua Supermarket Holdings Co Days Payable Historical Data

The historical data trend for Lianhua Supermarket Holdings Co'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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Lianhua Supermarket Holdings Co Days Payable Chart

Lianhua Supermarket Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.99 61.08 60.84 71.36 86.42

Lianhua Supermarket Holdings Co 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 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 60.27 59.83 84.74 79.44 90.89

Competitive Comparison of Lianhua Supermarket Holdings Co's Days Payable

For the Department Stores subindustry, Lianhua Supermarket Holdings Co'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.


Lianhua Supermarket Holdings Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lianhua Supermarket Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Lianhua Supermarket Holdings Co's Days Payable falls into.



Lianhua Supermarket Holdings Co 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.

Lianhua Supermarket Holdings Co'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
=( (5053.881 + 4815.36) / 2 ) / 20841.745*365
=4934.6205 / 20841.745*365
=86.42

Lianhua Supermarket Holdings Co'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
=( (4738.942 + 4815.36) / 2 ) / 9592.47*365 / 2
=4777.151 / 9592.47*365 / 2
=90.89

* 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.


Lianhua Supermarket Holdings Co Days Payable Related Terms

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Lianhua Supermarket Holdings Co (HKSE:00980) Business Description

Traded in Other Exchanges
Address
No. 1258 Zhen Guang Road, 5th to 14th Floors, Shanghai, CHN
Lianhua Supermarket Holdings Co Ltd is a Hong Kong-based investment holding company engaged in the operation of stores. The company's reportable segments include hypermarkets, supermarkets and convenience stores, and Other operations. These three segments expand under the brand names of Century Mart, Lianhua Supermarket, Hualian Supermarket and Lianhua Quik. Majority of the revenue is derived from Hypermarket segment.
Executives
China Galaxy International Asset Management (hong Kong) Co., Limited 2102 Investment manager
China Galaxy International Spc (acting For And On Behalf Of China Galaxy Value Fund I Sp) 2201 Interest of corporation controlled by you
Xu Zizuo 2101 Beneficial owner

Lianhua Supermarket Holdings Co (HKSE:00980) Headlines

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