Fulu Holdings (HKSE:02101) Days Payable : 287.71 (As of Dec. 2023)

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What is Fulu Holdings Days Payable?

Fulu Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$134.5 Mil. Fulu Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$85.3 Mil. Hence, Fulu Holdings's Days Payable for the six months ended in Dec. 2023 was 287.71.

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

HKSE:02101' s Days Payable Range Over the Past 10 Years
Min: 129.58 Med: 154.2 Max: 294.18
Current: 294.18

During the past 7 years, Fulu Holdings's highest Days Payable was 294.18. The lowest was 129.58. And the median was 154.20.

HKSE:02101's Days Payable is ranked better than
94.08% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.41 vs HKSE:02101: 294.18

Fulu Holdings's Days Payable increased from Dec. 2022 (221.38) to Dec. 2023 (287.71). It may suggest that Fulu Holdings delayed paying its suppliers.

Fulu Holdings Days Payable Historical Data

The historical data trend for Fulu 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.

Fulu Holdings Days Payable Chart

Fulu Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

129.58

162.01

145.42

228.43

273.12

Fulu Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							228.02	225.41	221.38	324.76	287.71

Competitive Comparison of Fulu Holdings's Days Payable

For the Internet Retail subindustry, Fulu 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.

Fulu Holdings's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fulu Holdings's Days Payable distribution charts can be found below:

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

Fulu 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.

Fulu 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
=	( (112.377	+	123.715)	/	2 )	/	157.757	*	365
=	118.046					/	157.757	*	365
=	273.12

Fulu 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
=	( (145.355	+	123.715)	/	2 )	/	85.339	*	365 / 2
=	134.535					/	85.339	*	365 / 2
=	287.71

Fulu Holdings Days Payable Related Terms

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Fulu Holdings (HKSE:02101) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fulu Holdings Ltd (HKSE:02101) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 77, Guanggu Avenue, 2nd Floor, Building B2, Optics Valley Financial Port, East Lake High-tech Development Zone, Hubei Province, Wuhan, CHN

Website

https://www.fulu.com

Fulu Holdings Ltd is a third-party virtual goods and services platform operator in China. Its platform connects virtual goods vendors and virtual goods sales channels. It serves virtual goods vendors, covering leisure and entertainment, games, telecommunications, and lifestyle services, providing virtual goods vendors with access to a variety of sales channels, such as e-commerce and online payment platforms. It generates revenues from providing business-to-business services to virtual goods vendors and sales channels, including facilitating virtual goods transactions between virtual goods vendors and virtual goods sales channels and providing value-added services. It generates revenue from four business segments: leisure and entertainment; games; telecommunications; and lifestyle.

Executives

Xu Jian	2201 Interest of corporation controlled by you
Luzhi Holdings Limited	2101 Beneficial owner
Fu Xi	2307 Founder of a discretionary trust who can infl
Zhang Yuguo	2101 Beneficial owner
Fuxi Limited	2201 Interest of corporation controlled by you
Zhangyuguo Holdings Limited	2101 Beneficial owner

Fulu Holdings (HKSE:02101) Headlines

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