Giant Biogene Holding Co (HKSE:02367) Days Payable : 58.47 (As of Dec. 2023)

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What is Giant Biogene Holding Co Days Payable?

Giant Biogene Holding Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$113 Mil. Giant Biogene Holding Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$353 Mil. Hence, Giant Biogene Holding Co's Days Payable for the six months ended in Dec. 2023 was 58.47.

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

HKSE:02367' s Days Payable Range Over the Past 10 Years
Min: 39.81 Med: 51.97 Max: 59.75
Current: 55.31

During the past 5 years, Giant Biogene Holding Co's highest Days Payable was 59.75. The lowest was 39.81. And the median was 51.97.

HKSE:02367's Days Payable is ranked better than
60.72% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 45.76 vs HKSE:02367: 55.31

Giant Biogene Holding Co's Days Payable increased from Dec. 2022 (44.81) to Dec. 2023 (58.47). It may suggest that Giant Biogene Holding Co delayed paying its suppliers.

Giant Biogene Holding Co Days Payable Historical Data

The historical data trend for Giant Biogene Holding 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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Giant Biogene Holding Co Days Payable Chart

Giant Biogene Holding Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

51.97

53.06

50.23

39.81

59.75

Giant Biogene Holding Co Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	30.70	44.81	46.29	58.47

Competitive Comparison of Giant Biogene Holding Co's Days Payable

For the Household & Personal Products subindustry, Giant Biogene Holding 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.

Giant Biogene Holding Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Giant Biogene Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Giant Biogene Holding Co's Days Payable falls into.

Giant Biogene Holding 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.

Giant Biogene Holding 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
=	( (61.032	+	145.592)	/	2 )	/	631.117	*	365
=	103.312					/	631.117	*	365
=	59.75

Giant Biogene Holding 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
=	( (80.281	+	145.592)	/	2 )	/	352.53	*	365 / 2
=	112.9365					/	352.53	*	365 / 2
=	58.47

Giant Biogene Holding Co Days Payable Related Terms

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Giant Biogene Holding Co (HKSE:02367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Giant Biogene Holding Co Ltd (HKSE:02367) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1855, Shanglin Yuan 7th Road, Chang’an District, Shaanxi Province, Xi’an, CHN

Website

http://www.xajuzi.com

Giant Biogene Holding Co Ltd design, develop and manufacture professional skin treatment products with recombinant collagen as the key bioactive ingredient. The company also develops and manufactures rare ginsenosides technology-based functional foods. The company utilizes proprietary synthetic biology technology to develop and manufacture multiple types of recombinant collagen and rare ginsenosides in-house. Bioactive ingredients offer a wealth of beauty and health properties such as skin repair, anti-aging, whitening, moisturizing and immunity improvement with a broad range of applications in the beauty and health sectors.

Giant Biogene Holding Co (HKSE:02367) Headlines

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