HC Group (HKSE:02280) Days Payable : 10.78 (As of Jun. 2024)

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What is HC Group Days Payable?

HC Group's average Accounts Payable for the six months ended in Jun. 2024 was HK$363 Mil. HC Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$6,149 Mil. Hence, HC Group's Days Payable for the six months ended in Jun. 2024 was 10.78.

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

HKSE:02280' s Days Payable Range Over the Past 10 Years
Min: 2.05 Med: 4.63 Max: 14.26
Current: 7.76

During the past 13 years, HC Group's highest Days Payable was 14.26. The lowest was 2.05. And the median was 4.63.

HKSE:02280's Days Payable is ranked worse than
93.5% of 2523 companies
in the Software industry
Industry Median: 48.75 vs HKSE:02280: 7.76

HC Group's Days Payable increased from Jun. 2023 (5.07) to Jun. 2024 (10.78). It may suggest that HC Group delayed paying its suppliers.

HC Group Days Payable Historical Data

The historical data trend for HC Group'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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HC Group Days Payable Chart

HC Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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2.97

7.96

7.15

4.41

4.84

HC Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															5.95	3.21	5.07	5.70	10.78

Competitive Comparison of HC Group's Days Payable

For the Information Technology Services subindustry, HC Group'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.

HC Group's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, HC Group's Days Payable distribution charts can be found below:

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

HC Group 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.

HC Group'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
=	( (203.633	+	320.394)	/	2 )	/	19742.932	*	365
=	262.0135					/	19742.932	*	365
=	4.84

HC Group'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
=	( (320.394	+	405.744)	/	2 )	/	6149.271	*	365 / 2
=	363.069					/	6149.271	*	365 / 2
=	10.78

HC Group Days Payable Related Terms

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HC Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » HC Group Inc (HKSE:02280) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hangxing Science Park, No. 11, Hepingli East Street, o Room B-1, 4 Floor, Building 2, Dongcheng District, Beijing, CHN, 100013

Website

https://www.hcgroup.com

HC Group Inc is a holding company based in China involved in pragmatic and robust development. The company organizes itself into three segments based on service type. The technology-driven new retail segment provides integration services around the retailing of electronics. The smart industries segment provides a business-to-business trading platform as well as anti-counterfeiting products and supply chain management. The platform and corporate services segment operates the media platform HC360.com and provides data-based marketing services. It generates a vast majority of its revenue from the smart industries segment.

Executives

Liu Jun	2101 Beneficial owner
Liu Xiaodong	2101 Beneficial owner
Fortune Value Investment Holdings Limited	2101 Beneficial owner
Zhu Lemin	2201 Interest of corporation controlled by you
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Digital China Holdings Limited
Digital China (bvi) Limited
Talent Gain Developments Limited
Ideal South Limited	2101 Beneficial owner
Wong Luen Hei	2201 Interest of corporation controlled by you

HC Group Headlines

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