Yadong Group Holdings (HKSE:01795) Days Payable : 49.56 (As of Dec. 2023)

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What is Yadong Group Holdings Days Payable?

Yadong Group Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$160 Mil. Yadong Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$589 Mil. Hence, Yadong Group Holdings's Days Payable for the six months ended in Dec. 2023 was 49.56.

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

HKSE:01795' s Days Payable Range Over the Past 10 Years
Min: 55.3 Med: 72.38 Max: 99.57
Current: 55.3

During the past 7 years, Yadong Group Holdings's highest Days Payable was 99.57. The lowest was 55.30. And the median was 72.38.

HKSE:01795's Days Payable is ranked better than
50.49% of 1020 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.1 vs HKSE:01795: 55.30

Yadong Group Holdings's Days Payable declined from Dec. 2022 (60.76) to Dec. 2023 (49.56). It may suggest that Yadong Group Holdings accelerated paying its suppliers.

Yadong Group Holdings Days Payable Historical Data

The historical data trend for Yadong 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.

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Yadong Group Holdings Days Payable Chart

Yadong Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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72.38

99.57

89.44

60.36

57.82

Yadong Group Holdings Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial							67.97	60.76	63.37	49.56	67.92

Competitive Comparison of Yadong Group Holdings's Days Payable

For the Textile Manufacturing subindustry, Yadong 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.

Yadong Group Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yadong Group Holdings's Days Payable distribution charts can be found below:

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

Yadong 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.

Yadong Group 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
=	( (155.553	+	170.095)	/	2 )	/	1027.908	*	365
=	162.824					/	1027.908	*	365
=	57.82

Yadong Group Holdings'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
=	( (149.568	+	170.095)	/	2 )	/	588.569	*	365 / 2
=	159.8315					/	588.569	*	365 / 2
=	49.56

Yadong Group Holdings Days Payable Related Terms

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Yadong Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yadong Group Holdings Ltd (HKSE:01795) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

288 Des Voeux Road, Unit B, 11th Floor Eton Building, Central, Hong Kong, HKG

Website

http://www.yadongtextile.com

Yadong Group Holdings Ltd is engaged in designing, processing and sale of textile fabric products. It is also engaged in the provision of just processing services. The company's textile fabric products are categorized into two broad types, namely plain weave Fabrics, and Corduroy fabrics. The company sell its textile fabric products mainly to garment manufacturers as well as trading companies.

Executives

Hu Beixia	2202 Interest of your spouse
Oriental Ever Holdings Limited	2101 Beneficial owner
Xue Shidong	2201 Interest of corporation controlled by you

Yadong Group Holdings Headlines

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