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Hengan International Group Co (HKSE:01044) Days Payable : 61.27 (As of Dec. 2023)


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What is Hengan International Group Co Days Payable?

Hengan International Group Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$2,696 Mil. Hengan International Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$8,030 Mil. Hence, Hengan International Group Co's Days Payable for the six months ended in Dec. 2023 was 61.27.

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

HKSE:01044' s Days Payable Range Over the Past 10 Years
Min: 61.03   Med: 67.8   Max: 83.55
Current: 61.03

During the past 13 years, Hengan International Group Co's highest Days Payable was 83.55. The lowest was 61.03. And the median was 67.80.

HKSE:01044's Days Payable is ranked better than
65.7% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.77 vs HKSE:01044: 61.03

Hengan International Group Co's Days Payable declined from Dec. 2022 (61.79) to Dec. 2023 (61.27). It may suggest that Hengan International Group Co accelerated paying its suppliers.


Hengan International Group Co Days Payable Historical Data

The historical data trend for Hengan International Group 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.

* Premium members only.

Hengan International Group Co Days Payable Chart

Hengan International Group 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 64.42 61.10 66.27 69.96 66.25

Hengan International Group 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 56.11 60.93 61.79 55.94 61.27

Competitive Comparison of Hengan International Group Co's Days Payable

For the Household & Personal Products subindustry, Hengan International Group 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.


Hengan International Group Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Hengan International Group Co's Days Payable falls into.



Hengan International Group 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.

Hengan International Group 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
=( (3253.82 + 3002.844) / 2 ) / 17234.946*365
=3128.332 / 17234.946*365
=66.25

Hengan International Group 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
=( (2388.985 + 3002.844) / 2 ) / 8029.642*365 / 2
=2695.9145 / 8029.642*365 / 2
=61.27

* 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.


Hengan International Group Co Days Payable Related Terms

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Hengan International Group Co (HKSE:01044) Business Description

Traded in Other Exchanges
Address
Hengan Industrial City, Anhai Town, Fujian Province, Jinjiang, CHN, 362261
Hengan International is a leading personal care product manufacturer in China. Its business comprises tissue paper products (54% of sales), sanitary napkins (27% of sales), disposable diapers (5% of sales), and others.

Hengan International Group Co (HKSE:01044) Headlines

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