Vedan International (Holdings) (HKSE:02317) Days Payable : 21.15 (As of Dec. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Vedan International (Holdings) Days Payable?

Vedan International (Holdings)'s average Accounts Payable for the six months ended in Dec. 2023 was HK$149 Mil. Vedan International (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,283 Mil. Hence, Vedan International (Holdings)'s Days Payable for the six months ended in Dec. 2023 was 21.15.

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

HKSE:02317' s Days Payable Range Over the Past 10 Years
Min: 12.56 Med: 20.66 Max: 25.32
Current: 24.09

During the past 13 years, Vedan International (Holdings)'s highest Days Payable was 25.32. The lowest was 12.56. And the median was 20.66.

HKSE:02317's Days Payable is ranked worse than
80.65% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs HKSE:02317: 24.09

Vedan International (Holdings)'s Days Payable increased from Dec. 2022 (20.91) to Dec. 2023 (21.15). It may suggest that Vedan International (Holdings) delayed paying its suppliers.

Vedan International (Holdings) Days Payable Historical Data

The historical data trend for Vedan International (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.

Vedan International (Holdings) Days Payable Chart

Vedan International (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

21.11

12.56

13.85

20.20

25.32

Vedan International (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															14.96	16.24	20.91	25.79	21.15

Competitive Comparison of Vedan International (Holdings)'s Days Payable

For the Packaged Foods subindustry, Vedan International (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.

Vedan International (Holdings)'s Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vedan International (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Vedan International (Holdings)'s Days Payable falls into.

Vedan International (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.

Vedan International (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
=	( (214.807	+	143.63)	/	2 )	/	2583.021	*	365
=	179.2185					/	2583.021	*	365
=	25.32

Vedan International (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
=	( (153.707	+	143.63)	/	2 )	/	1283.057	*	365 / 2
=	148.6685					/	1283.057	*	365 / 2
=	21.15

Vedan International (Holdings) Days Payable Related Terms

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

Vedan International (Holdings) (HKSE:02317) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vedan International (Holdings) Ltd (HKSE:02317) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

National Road 51, Hamlet 1A, Long Thanh District, Phuoc Thai, Dong Nai Province, Ho Chi Minh, VNM

Website

http://www.vedaninternational.com

Vedan International (Holdings) Ltd is an investment holding company engaged in the manufacture and sale of fermentation-based food additives, biochemical products and cassava starch-based industrial products including modified starch, glucose syrup, Monosodium Glutamate (MSG), soda and glutamic acid (GA). The products are sold to food distributors, international trading companies, and manufacturers of food, paper, textiles, and chemical products in Vietnam, other ASEAN member countries, the People's Republic of China (the PRC), Japan, Taiwan, and several European countries.

Vedan International (Holdings) (HKSE:02317) Headlines

No Headlines