Ta Yang Group Holdings (HKSE:01991) Days Payable : 25.37 (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Ta Yang Group Holdings Days Payable?

Ta Yang Group Holdings's average Accounts Payable for the six months ended in Jun. 2024 was HK$66 Mil. Ta Yang Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$477 Mil. Hence, Ta Yang Group Holdings's Days Payable for the six months ended in Jun. 2024 was 25.37.

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

HKSE:01991' s Days Payable Range Over the Past 10 Years
Min: 20.67 Med: 37.42 Max: 91.07
Current: 20.67

During the past 13 years, Ta Yang Group Holdings's highest Days Payable was 91.07. The lowest was 20.67. And the median was 37.42.

HKSE:01991's Days Payable is ranked worse than
91.59% of 1273 companies
in the Vehicles & Parts industry
Industry Median: 66.34 vs HKSE:01991: 20.67

Ta Yang Group Holdings's Days Payable declined from Jun. 2023 (27.40) to Jun. 2024 (25.37). It may suggest that Ta Yang Group Holdings accelerated paying its suppliers.

Ta Yang Group Holdings Days Payable Historical Data

The historical data trend for Ta Yang 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.

Ta Yang Group Holdings Days Payable Chart

Ta Yang Group Holdings Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

71.02

81.76

91.07

21.02

Ta Yang Group Holdings Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															90.20	126.01	27.40	16.89	25.37

Competitive Comparison of Ta Yang Group Holdings's Days Payable

For the Auto Parts subindustry, Ta Yang 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.

Ta Yang Group Holdings's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ta Yang Group Holdings's Days Payable distribution charts can be found below:

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

Ta Yang 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.

Ta Yang 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
=	( (67.119	+	61.967)	/	2 )	/	1120.813	*	365
=	64.543					/	1120.813	*	365
=	21.02

Ta Yang Group 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
=	( (61.967	+	70.623)	/	2 )	/	476.972	*	365 / 2
=	66.295					/	476.972	*	365 / 2
=	25.37

Ta Yang Group Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Ta Yang Group Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ta Yang Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ta Yang Group Holdings Ltd (HKSE:01991) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Pottinger Street, 22nd Floor, H Code, Central, Hong Kong, HKG

Website

https://www.tayanggroup.com

Ta Yang Group Holdings Ltd is an investment holding company. Along with its subsidiaries, it operates in different reportable segments which include Silicone rubber and related products; Retail services; Healthcare and hotel services; and Online marketing solution services. The company derives maximum revenue from the Online marketing solution services segment which provides online marketing solution services in the PRC. Geographically the company's business is spread across the People's Republic of China, Hong Kong, Other Asian countries, America, Europe, and other regions of which, maximum revenue is derived from the PRC.

Executives

Bei Jing Ri Xin Jia Rui Tou Zi Guan Li You Xian Gong Si	2101 Beneficial owner
China Xinhai Group Limited	2101 Beneficial owner
Bei Jing Xing Xiang Ke Ji You Xian Gong Si	2101 Beneficial owner
Mason Group Holdings Limited	2201 Interest of corporation controlled by you
Mason Resources Finance Limited	2106 Person having a security interest in shares
Lyton Maison Limited	2101 Beneficial owner
Shi Qi	2201 Interest of corporation controlled by you

Ta Yang Group Holdings Headlines

No Headlines