Vanov Holdings Co (HKSE:02260) Days Payable : 65.09 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Vanov Holdings Co Days Payable?

Vanov Holdings Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$26.1 Mil. Vanov Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$73.3 Mil. Hence, Vanov Holdings Co's Days Payable for the six months ended in Dec. 2023 was 65.09.

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

HKSE:02260' s Days Payable Range Over the Past 10 Years
Min: 75.7 Med: 85.23 Max: 94.95
Current: 75.7

During the past 6 years, Vanov Holdings Co's highest Days Payable was 94.95. The lowest was 75.70. And the median was 85.23.

HKSE:02260's Days Payable is ranked better than
68.21% of 280 companies
in the Forest Products industry
Industry Median: 57.37 vs HKSE:02260: 75.70

Vanov Holdings Co's Days Payable increased from Dec. 2022 (61.83) to Dec. 2023 (65.09). It may suggest that Vanov Holdings Co delayed paying its suppliers.

Vanov Holdings Co Days Payable Historical Data

The historical data trend for Vanov Holdings 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.

* Premium members only.

Vanov Holdings Co Days Payable Chart

Vanov Holdings Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

94.95

83.31

79.28

87.14

77.76

Vanov Holdings Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial					60.50	114.23	61.83	89.33	65.09

Competitive Comparison of Vanov Holdings Co's Days Payable

For the Paper & Paper Products subindustry, Vanov Holdings 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.

Vanov Holdings Co's Days Payable Distribution in the Forest Products Industry

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

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

Vanov Holdings 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.

Vanov Holdings 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
=	( (23.192	+	28.482)	/	2 )	/	121.279	*	365
=	25.837					/	121.279	*	365
=	77.76

Vanov Holdings 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
=	( (23.79	+	28.482)	/	2 )	/	73.286	*	365 / 2
=	26.136					/	73.286	*	365 / 2
=	65.09

Vanov Holdings Co Days Payable Related Terms

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

Vanov Holdings Co (HKSE:02260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Vanov Holdings Co Ltd (HKSE:02260) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 519, Section 2, Xinhua Avenue, Chengdu Strait Science and Technology, Industry Development Park, Sichuan Province, Wenjiang District, Chengdu, CHN

Website

http://www.canov.cn

Vanov Holdings Co Ltd is an investment holding company and its subsidiaries are principally engaged in the design, manufacture and sales of papermaking felts. The company has its variety of products which includes Packaging papermaking felts, Specialty papermaking felts, Printing papermaking felts, Printing papermaking felts, Pulp papermaking felts. The company generates majority of its revenue from The PRC region.

Executives

Shen Genlian	2307 Founder of a discretionary trust who can infl
Vistra Trust (singapore) Pte. Limited	2301 Trustee
Zhou Jun	2202 Interest of your spouse
Perfect Angle Limited	2101 Beneficial owner
Wonderful Advisor Limited

Vanov Holdings Co (HKSE:02260) Headlines

No Headlines