Global Sweeteners Holdings (HKSE:03889) Days Payable : 82.17 (As of Dec. 2023)

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What is Global Sweeteners Holdings Days Payable?

Global Sweeteners Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$103.8 Mil. Global Sweeteners Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$230.5 Mil. Hence, Global Sweeteners Holdings's Days Payable for the six months ended in Dec. 2023 was 82.17.

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

HKSE:03889' s Days Payable Range Over the Past 10 Years
Min: 46.65 Med: 99.34 Max: 170.65
Current: 88.33

During the past 13 years, Global Sweeteners Holdings's highest Days Payable was 170.65. The lowest was 46.65. And the median was 99.34.

HKSE:03889's Days Payable is ranked better than
78.12% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs HKSE:03889: 88.33

Global Sweeteners Holdings's Days Payable increased from Dec. 2022 (77.97) to Dec. 2023 (82.17). It may suggest that Global Sweeteners Holdings delayed paying its suppliers.

Global Sweeteners Holdings Days Payable Historical Data

The historical data trend for Global Sweeteners 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.

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Global Sweeteners Holdings Days Payable Chart

Global Sweeteners Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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87.65

170.65

97.56

109.67

101.11

Global Sweeteners 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															58.72	119.95	77.97	81.65	82.17

Competitive Comparison of Global Sweeteners Holdings's Days Payable

For the Packaged Foods subindustry, Global Sweeteners 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.

Global Sweeteners Holdings's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Global Sweeteners Holdings's Days Payable falls into.

Global Sweeteners 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.

Global Sweeteners 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
=	( (85.882	+	138.045)	/	2 )	/	404.195	*	365
=	111.9635					/	404.195	*	365
=	101.11

Global Sweeteners 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
=	( (69.527	+	138.045)	/	2 )	/	230.514	*	365 / 2
=	103.786					/	230.514	*	365 / 2
=	82.17

Global Sweeteners Holdings Days Payable Related Terms

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Global Sweeteners Holdings (HKSE:03889) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Global Sweeteners Holdings Ltd (HKSE:03889) » Definitions » Days Payable

Traded in Other Exchanges

3GS:Germany

Address

18 Hung Luen Road, Suite 1002, 10th Floor, Tower A, Cheung Kei Center, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.global-sweeteners.com

Global Sweeteners Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in the manufacturing and selling of corn refined products and corn-based sweetener products. Its segments include Corn refined products segment and Corn sweeteners segment. The Corn refined products segment which comprises the manufacture and sale of corn starch, gluten meal, corn oil and other corn refined products. The Corn sweeteners segment which comprises the manufacture and sale of glucose syrup, maltose syrup, high fructose corn syrup, crystallized glucose, and maltodextrin.

Executives

Wang Tieguang	2101 Beneficial owner
Kong Zhanpeng	2101 Beneficial owner
Hong Kong Huasheng Company Limited	2101 Beneficial owner
Li Tingsheng	2201 Interest of corporation controlled by you
Ji Lin Sheng Hua Sheng Shang Mao You Xian Gong Si	2201 Interest of corporation controlled by you
Global Bio-chem Technology Group Company Limited	2201 Interest of corporation controlled by you
Global Corn Bio-chem Technology Company Limited	2101 Beneficial owner
Modern Agricultural Industry Investment Holdings Limited	2201 Interest of corporation controlled by you
Modern Agricultural Industry Investment Limited	2201 Interest of corporation controlled by you
Ji Lin Sheng Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Ji Lin Sheng Xian Dai Nong Ye Chan Ye Ji Jin You Xian Gong Si	2201 Interest of corporation controlled by you
Ji Lin Sheng Xian Dai Nong Ye Chan Ye Tou Zi Ji Jin You Xian He Huo	2201 Interest of corporation controlled by you
Ji Lin Sheng Nong Ye Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Hartington Profits Limited	2101 Beneficial owner

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