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Huashi Group Holdings (HKSE:01111) Days Payable : 34.70 (As of Dec. 2022)


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What is Huashi Group Holdings Days Payable?

Huashi Group Holdings's average Accounts Payable for the six months ended in Dec. 2022 was HK$11.0 Mil. Huashi Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2022 was HK$116.0 Mil. Hence, Huashi Group Holdings's Days Payable for the six months ended in Dec. 2022 was 17.35.

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

HKSE:01111' s Days Payable Range Over the Past 10 Years
Min: 34.7   Med: 34.77   Max: 199.89
Current: 199.89

During the past 4 years, Huashi Group Holdings's highest Days Payable was 199.89. The lowest was 34.70. And the median was 34.77.

HKSE:01111's Days Payable is ranked better than
77.77% of 922 companies
in the Media - Diversified industry
Industry Median: 80.61 vs HKSE:01111: 199.89

Huashi Group Holdings's Days Payable declined from Dec. 2020 (51.31) to Dec. 2022 (34.70). It may suggest that Huashi Group Holdings accelerated paying its suppliers.

Huashi Group Holdings Days Payable Historical Data

The historical data trend for Huashi Group 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.

* Premium members only.

Huashi Group Holdings Days Payable Chart

Huashi Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
51.31 34.77 34.70 199.89

Huashi Group Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Days Payable 51.31 34.77 34.70 199.89

Competitive Comparison of Huashi Group Holdings's Days Payable

For the Advertising Agencies subindustry, Huashi Group 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.

Huashi Group Holdings's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Huashi Group Holdings's Days Payable distribution charts can be found below:

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


Huashi Group 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.

Huashi Group Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (13.228 + 8.831) / 2 ) / 116.006*365
=11.0295 / 116.006*365
=34.70

Huashi Group Holdings's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

Days Payable (Q: Dec. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (13.228 + 8.831) / 2 ) / 116.006*365 / 2
=11.0295 / 116.006*365 / 2
=17.35

* 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.

Huashi Group Holdings Days Payable Related Terms

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Huashi Group Holdings (HKSE:01111) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huashi Group Holdings Ltd (HKSE:01111) » Definitions » Days Payable
Comparable Companies
Traded in Other Exchanges
N/A
Address
Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN
Website
http://www.youmeimu.com
Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.
Executives
Chen Jicheng 2201 Interest of corporation controlled by you
Wang Shujin 2201 Interest of corporation controlled by you
Nie Xing 2201 Interest of corporation controlled by you
Jia Yi Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
Yuan Jin Wen Hua Chuan Mei You Xian Gong Si 2101 Beneficial owner
You Xin Zi Ben You Xian Gong Si 2101 Beneficial owner

Huashi Group Holdings (HKSE:01111) Headlines

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