Tongdao Liepin Group (HKSE:06100) Days Payable : 57.80 (As of Dec. 2023)

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What is Tongdao Liepin Group Days Payable?

Tongdao Liepin Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$109 Mil. Tongdao Liepin Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$345 Mil. Hence, Tongdao Liepin Group's Days Payable for the six months ended in Dec. 2023 was 57.80.

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

HKSE:06100' s Days Payable Range Over the Past 10 Years
Min: 32.48 Med: 36.95 Max: 102.64
Current: 70.29

During the past 9 years, Tongdao Liepin Group's highest Days Payable was 102.64. The lowest was 32.48. And the median was 36.95.

HKSE:06100's Days Payable is ranked better than
64.05% of 929 companies
in the Business Services industry
Industry Median: 46.74 vs HKSE:06100: 70.29

Tongdao Liepin Group's Days Payable declined from Dec. 2022 (64.88) to Dec. 2023 (57.80). It may suggest that Tongdao Liepin Group accelerated paying its suppliers.

Tongdao Liepin Group Days Payable Historical Data

The historical data trend for Tongdao Liepin 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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Tongdao Liepin Group Days Payable Chart

Tongdao Liepin Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.49

36.66

32.48

60.35

69.00

Tongdao Liepin Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial											30.48	42.15	64.88	86.23	57.80

Competitive Comparison of Tongdao Liepin Group's Days Payable

For the Staffing & Employment Services subindustry, Tongdao Liepin 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.

Tongdao Liepin Group's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tongdao Liepin Group's Days Payable distribution charts can be found below:

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

Tongdao Liepin 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.

Tongdao Liepin 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
=	( (151.994	+	90.508)	/	2 )	/	641.426	*	365
=	121.251					/	641.426	*	365
=	69.00

Tongdao Liepin Group'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
=	( (128.07	+	90.508)	/	2 )	/	345.071	*	365 / 2
=	109.289					/	345.071	*	365 / 2
=	57.80

Tongdao Liepin Group Days Payable Related Terms

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Tongdao Liepin Group (HKSE:06100) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tongdao Liepin Group (HKSE:06100) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TGDLF:USA

Address

Gaoliangqiaoxie Road, Room 415–3, Building No. 5, Courtyard No. 59, Haidian District, Beijing, CHN

Website

https://www.liepin.com

Tongdao Liepin Group is a China-based company engaged in the provision of talent acquisition services to individuals, businesses, and headhunters. The company provides a platform for job seekers to seek career opportunities by connecting them to companies hiring. The firm delivers talent services to individual users mainly through its website, mobile application, and WeChat official account.

Executives

Fmr Llc	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co.	2502 Approved lending agent
Fidelity Funds	2101 Beneficial owner
Yiheng Capital, Llc
Dai Kebin	2307 Founder of a discretionary trust who can infl
Song Yueting	2202 Interest of your spouse
May Flower Information Technology Co., Limited	2501 Other
Morgan Stanley	2201 Interest of corporation controlled by you
Warburg Pincus Partners Ii, L.p.	2201 Interest of corporation controlled by you
Giant Lilly Investment Ltd	2101 Beneficial owner
Warburg Pincus & Co.	2201 Interest of corporation controlled by you
Wp Global Llc	2201 Interest of corporation controlled by you

Tongdao Liepin Group (HKSE:06100) Headlines

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