Da Sen Holdings Group (HKSE:01580) Days Payable : 3.13 (As of Sep. 2023)

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What is Da Sen Holdings Group Days Payable?

Da Sen Holdings Group's average Accounts Payable for the six months ended in Sep. 2023 was HK$0.02 Mil. Da Sen Holdings Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$1.19 Mil. Hence, Da Sen Holdings Group's Days Payable for the six months ended in Sep. 2023 was 3.13.

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

HKSE:01580' s Days Payable Range Over the Past 10 Years
Min: 0.61 Med: 3.78 Max: 87.37
Current: 0.61

During the past 10 years, Da Sen Holdings Group's highest Days Payable was 87.37. The lowest was 0.61. And the median was 3.78.

HKSE:01580's Days Payable is ranked worse than
99.64% of 278 companies
in the Forest Products industry
Industry Median: 57.6 vs HKSE:01580: 0.61

Da Sen Holdings Group's Days Payable increased from Dec. 2021 (0.82) to Sep. 2023 (3.13). It may suggest that Da Sen Holdings Group delayed paying its suppliers.

Da Sen Holdings Group Days Payable Historical Data

The historical data trend for Da Sen Holdings Group'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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Da Sen Holdings Group Days Payable Chart

Da Sen Holdings Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar23

Days Payable

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2.60

0.62

0.94

0.81

Da Sen Holdings Group Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep23
Days Payable	Get a 7-Day Free Trial													2.05	1.50	0.82	0.98	3.13

Competitive Comparison of Da Sen Holdings Group's Days Payable

For the Lumber & Wood Production subindustry, Da Sen Holdings Group'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.

Da Sen Holdings Group's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Da Sen Holdings Group's Days Payable distribution charts can be found below:

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

Da Sen Holdings Group 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.

Da Sen Holdings Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.41	+	0.007)	/	2 )	/	0	*	365
=	0.2085					/	0	*	365
=	N/A

Da Sen Holdings Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.039	+	0.002)	/	2 )	/	1.194	*	365 / 2
=	0.0205					/	1.194	*	365 / 2
=	3.13

Da Sen Holdings Group Days Payable Related Terms

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Da Sen Holdings Group (HKSE:01580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Da Sen Holdings Group Ltd (HKSE:01580) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Economic Development Zone, Sunsi Town, Chengwu, Shandong, CHN

Website

http://www.msdscn.com

Da Sen Holdings Group Ltd is an investment holding company. The principal business is the manufacture and sale of plywood products and biomass wood pellets. The company mainly operates through two segments, Manufacturing and sales of plywood and Leasing activities. The highest revenue is generated from the sales of the Plywood segment. The group's operations are located in the PRC.

Executives

Wong Tseng Hon	2101 Beneficial owner
Chai Kaw Sing	2202 Interest of your spouse
Leung Leung Wing Yee Winnie	2104 Agent
Zhang Ayang	2202 Interest of your spouse
Wang Songmao	2101 Beneficial owner
Wu Haiyan	2401 A concert party to an agreement to buy shares
Wu Shican	2401 A concert party to an agreement to buy shares
Ke Mingcai	2401 A concert party to an agreement to buy shares
Lin Qingxiong

Da Sen Holdings Group (HKSE:01580) Headlines

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