Vesync Co (HKSE:02148) Days Payable : 112.21 (As of Dec. 2023)

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What is Vesync Co Days Payable?

Vesync Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$765 Mil. Vesync Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,244 Mil. Hence, Vesync Co's Days Payable for the six months ended in Dec. 2023 was 112.21.

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

HKSE:02148' s Days Payable Range Over the Past 10 Years
Min: 37.37 Med: 54.51 Max: 101.88
Current: 100.15

During the past 7 years, Vesync Co's highest Days Payable was 101.88. The lowest was 37.37. And the median was 54.51.

HKSE:02148's Days Payable is ranked better than
75.02% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs HKSE:02148: 100.15

Vesync Co's Days Payable increased from Dec. 2022 (43.10) to Dec. 2023 (112.21). It may suggest that Vesync Co delayed paying its suppliers.

Vesync Co Days Payable Historical Data

The historical data trend for Vesync Co'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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Vesync Co Days Payable Chart

Vesync Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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48.18

60.52

54.51

51.67

101.88

Vesync Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							37.01	51.58	43.10	85.90	112.21

Competitive Comparison of Vesync Co's Days Payable

For the Internet Retail subindustry, Vesync Co'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.

Vesync Co's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Vesync Co's Days Payable falls into.

Vesync Co 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.

Vesync Co'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
=	( (472.971	+	883.382)	/	2 )	/	2429.723	*	365
=	678.1765					/	2429.723	*	365
=	101.88

Vesync Co'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
=	( (646.481	+	883.382)	/	2 )	/	1244.085	*	365 / 2
=	764.9315					/	1244.085	*	365 / 2
=	112.21

Vesync Co Days Payable Related Terms

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Vesync Co (HKSE:02148) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vesync Co Ltd (HKSE:02148) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Zhongshan Park Road, Room 402 and 501–502, Block F3, TCL International E City, Nanshan District, Guangdong Province, Shenzhen, CHN

Website

https://www.vesync.com

Vesync focuses on the online marketing and sale of self-designed and self-developed small home appliances and smart home devices. In 2022, more than 80% of sales were generated through Amazon. The company owns three core brands: Levoit for home environment appliances, Etekcity for smart home gadgets, health monitoring devices, outdoor recreation products, and personal-care products, and Cosori for kitchen and dining appliances.

Executives

Yang Hai
Yang Lin
Yang Yuzheng
Chen Shuyong
Li Jisu
Xu Bo
North Point Trust Company L.l.c.
Caerus Co., Ltd
Karis I Llc
Karis Ii Llc
Siempre Ptc Llc
Swcs Trust Limited	2301 Trustee
Hhlr Advisors, Ltd.	2102 Investment manager
Hhlr Fund, L.p.	2101 Beneficial owner

Vesync Co (HKSE:02148) Headlines

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