Yihai International Holdings (HKSE:01579) Days Payable : 30.73 (As of Jun. 2024)

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What is Yihai International Holdings Days Payable?

Yihai International Holdings's average Accounts Payable for the six months ended in Jun. 2024 was HK$372 Mil. Yihai International Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$2,206 Mil. Hence, Yihai International Holdings's Days Payable for the six months ended in Jun. 2024 was 30.73.

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

HKSE:01579' s Days Payable Range Over the Past 10 Years
Min: 25.39 Med: 29.11 Max: 36.79
Current: 25.39

During the past 11 years, Yihai International Holdings's highest Days Payable was 36.79. The lowest was 25.39. And the median was 29.11.

HKSE:01579's Days Payable is ranked worse than
78.38% of 1822 companies
in the Consumer Packaged Goods industry
Industry Median: 45.45 vs HKSE:01579: 25.39

Yihai International Holdings's Days Payable declined from Jun. 2023 (32.36) to Jun. 2024 (30.73). It may suggest that Yihai International Holdings accelerated paying its suppliers.

Yihai International Holdings Days Payable Historical Data

The historical data trend for Yihai International 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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Yihai International Holdings Days Payable Chart

Yihai International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.65

26.46

25.64

30.56

35.03

Yihai International Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															28.80	27.37	32.36	24.56	30.73

Competitive Comparison of Yihai International Holdings's Days Payable

For the Packaged Foods subindustry, Yihai International 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.

Yihai International Holdings's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Yihai International 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.

Yihai International Holdings'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
=	( (442.503	+	440.561)	/	2 )	/	4600.729	*	365
=	441.532					/	4600.729	*	365
=	35.03

Yihai International Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (440.561	+	302.545)	/	2 )	/	2206.286	*	365 / 2
=	371.553					/	2206.286	*	365 / 2
=	30.73

Yihai International Holdings Days Payable Related Terms

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Yihai International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yihai International Holdings Ltd (HKSE:01579) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

YNNHF:USA YIR:Germany

Address

No. 2500 Zhenbei Road, Room 1810, Putuo District, Shanghai, CHN, 200062

Website

http://www.yihchina.com

Yihai International is a leading compound condiment manufacturer in China with a focus on hot pot condiments. It was started by the founder of Haidilao (one of the largest hot pot chains in China), Zhang Yong, as a condiment supplier to the hot pot chain. Yihai started to produce packaged hot pot condiments and ready-to-eat hot pot using the Haidilao brand as Haidilao became well known across China. It has also developed brands such as Magic Cook and Yue Yi Hai to sell other Chinese-style condiments and supply cooking condiments to other restaurants.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Cititrust Private Trust (cayman) Limited	2301 Trustee
Twice Happiness Ltd.	2201 Interest of corporation controlled by you
Lee Hailey	2307 Founder of a discretionary trust who can infl
Shi Sean	2307 Founder of a discretionary trust who can infl
Shu Ping	2307 Founder of a discretionary trust who can infl
Zhang Yong	2307 Founder of a discretionary trust who can infl
Ubs Trustees (b.v.i.) Limited	2301 Trustee
Zysp Yihai Ltd	2101 Beneficial owner
Sp Yh Ltd	2101 Beneficial owner
Jljh Yihai Ltd	2201 Interest of corporation controlled by you
Vistra Trust (hong Kong) Limited	2301 Trustee

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