Fujing Holdings Co (HKSE:02497) Days Payable : 43.74 (As of Dec. 2023)

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What is Fujing Holdings Co Days Payable?

Fujing Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was HK$10.49 Mil. Fujing Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$21.89 Mil. Hence, Fujing Holdings Co's Days Payable for the three months ended in Dec. 2023 was 43.74.

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

HKSE:02497' s Days Payable Range Over the Past 10 Years
Min: 29.02 Med: 48.19 Max: 237.81
Current: 237.81

During the past 4 years, Fujing Holdings Co's highest Days Payable was 237.81. The lowest was 29.02. And the median was 48.19.

HKSE:02497's Days Payable is ranked better than
94.29% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs HKSE:02497: 237.81

Fujing Holdings Co's Days Payable increased from Sep. 2022 (0.00) to Dec. 2023 (43.74). It may suggest that Fujing Holdings Co delayed paying its suppliers.

Fujing Holdings Co Days Payable Historical Data

The historical data trend for Fujing 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.

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Fujing Holdings Co Days Payable Chart

Fujing Holdings Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

49.15

29.02

52.64

47.23

Fujing Holdings Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	May23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial			-	67.95	-	-	43.74

Competitive Comparison of Fujing Holdings Co's Days Payable

For the Farm Products subindustry, Fujing 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.

Fujing Holdings Co's Days Payable Distribution in the Consumer Packaged Goods Industry

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

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

Fujing 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.

Fujing 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
=	( (17.367	+	7.919)	/	2 )	/	97.703	*	365
=	12.643					/	97.703	*	365
=	47.23

Fujing 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (13.062	+	7.919)	/	2 )	/	21.885	*	365 / 4
=	10.4905					/	21.885	*	365 / 4
=	43.74

Fujing Holdings Co Days Payable Related Terms

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Fujing Holdings Co (HKSE:02497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fujing Holdings Co Ltd (HKSE:02497) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Huanhu North Road South, Nanbu Village South, Rizhuang Town Laixi, Shandong Province, Qingdao, CHN

Website

http://www.fujingnongye.com

Fujing Holdings Co Ltd is a potted vegetable producer in Shandong province of the PRC. The group mainly sells potted vegetable agricultural products, among which chrysanthemum, rapeseed, bitter chrysanthemum, lettuce, pakchoi, and lettuce are the group's main products.

Executives

Wider International Group Limited	2101 Beneficial owner
Zhang Yonggang	2201 Interest of corporation controlled by you
Beauty Sources Holdings Limited	2101 Beneficial owner
Geng Qi	2201 Interest of corporation controlled by you

Fujing Holdings Co (HKSE:02497) Headlines

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