Vital Innovations Holdings (HKSE:06133) Days Payable : 4.51 (As of Jun. 2023)

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What is Vital Innovations Holdings Days Payable?

Vital Innovations Holdings's average Accounts Payable for the six months ended in Jun. 2023 was HK$9.5 Mil. Vital Innovations Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$383.3 Mil. Hence, Vital Innovations Holdings's Days Payable for the six months ended in Jun. 2023 was 4.51.

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

HKSE:06133' s Days Payable Range Over the Past 10 Years
Min: 3.4 Med: 36.21 Max: 741.78
Current: 3.78

During the past 10 years, Vital Innovations Holdings's highest Days Payable was 741.78. The lowest was 3.40. And the median was 36.21.

HKSE:06133's Days Payable is ranked worse than
99.59% of 2420 companies
in the Hardware industry
Industry Median: 68.065 vs HKSE:06133: 3.78

Vital Innovations Holdings's Days Payable increased from Jun. 2022 (2.61) to Jun. 2023 (4.51). It may suggest that Vital Innovations Holdings delayed paying its suppliers.

Vital Innovations Holdings Days Payable Historical Data

The historical data trend for Vital Innovations 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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Vital Innovations Holdings Days Payable Chart

Vital Innovations Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.41

7.96

10.76

3.40

3.79

Vital Innovations 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															5.00	2.61	4.13	4.51	3.24

Competitive Comparison of Vital Innovations Holdings's Days Payable

For the Consumer Electronics subindustry, Vital Innovations 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.

Vital Innovations Holdings's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vital Innovations Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Vital Innovations Holdings's Days Payable falls into.

Vital Innovations 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.

Vital Innovations Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (13.099	+	9.549)	/	2 )	/	1214.426	*	365
=	11.324					/	1214.426	*	365
=	3.40

Vital Innovations Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (9.549	+	9.381)	/	2 )	/	383.294	*	365 / 2
=	9.465					/	383.294	*	365 / 2
=	4.51

Vital Innovations Holdings Days Payable Related Terms

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Vital Innovations Holdings (HKSE:06133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vital Innovations Holdings Ltd (HKSE:06133) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 55 Jiachuang Second Road, Zone B, 7th Floor, Zhongguancun Science Park, OTPO-Merchatronics Industrial Park, Tongzhou District, Beijing, CHN, 101111

Website

http://www.vitalinno.com

Vital Innovations Holdings Ltd is an investment holding company. It operates in two segments: Trading of mobile telecommunication devices, which includes mobile telecommunication-related components and smart appliances; and Trading of AI and other equipment. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from Hong Kong.

Vital Innovations Holdings (HKSE:06133) Headlines

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