Arrail Group (HKSE:06639) Days Payable : 23.18 (As of Sep. 2023)

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What is Arrail Group Days Payable?

Arrail Group's average Accounts Payable for the six months ended in Sep. 2023 was HK$93 Mil. Arrail Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$733 Mil. Hence, Arrail Group's Days Payable for the six months ended in Sep. 2023 was 23.18.

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

HKSE:06639' s Days Payable Range Over the Past 10 Years
Min: 23.27 Med: 37.5 Max: 52.45
Current: 23.27

During the past 5 years, Arrail Group's highest Days Payable was 52.45. The lowest was 23.27. And the median was 37.50.

HKSE:06639's Days Payable is ranked worse than
81.56% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 62.11 vs HKSE:06639: 23.27

Arrail Group's Days Payable declined from Sep. 2022 (24.44) to Sep. 2023 (23.18). It may suggest that Arrail Group accelerated paying its suppliers.

Arrail Group Days Payable Historical Data

The historical data trend for Arrail 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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Arrail Group Days Payable Chart

Arrail Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

52.45

48.63

37.50

27.16

24.59

Arrail Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial				32.79	26.88	24.44	23.98	23.18

Competitive Comparison of Arrail Group's Days Payable

For the Medical Care Facilities subindustry, Arrail 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.

Arrail Group's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Arrail Group's Days Payable distribution charts can be found below:

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

Arrail 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.

Arrail Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (91.501	+	96.778)	/	2 )	/	1397.156	*	365
=	94.1395					/	1397.156	*	365
=	24.59

Arrail Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (96.778	+	89.441)	/	2 )	/	732.987	*	365 / 2
=	93.1095					/	732.987	*	365 / 2
=	23.18

Arrail Group Days Payable Related Terms

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Arrail Group (HKSE:06639) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Arrail Group Ltd (HKSE:06639) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

I1D:Germany

Address

No. 18, Ziyue Road, 6th Floor, Building 11, Chaolai Science Park, Chaoyang District, Beijing, CHN

Website

https://www.arrailgroup.com

Arrail Group Ltd is a dental services provider in the premium private dental service market in China.

Executives

Zou Qifang
The Goldman Sachs Group, Inc.
Arrail Sunshine Holdings Limited	2301 Trustee
Kastle Limited	2301 Trustee
Total Success Investment Ltd.	2101 Beneficial owner
Zhang Zheng	2201 Interest of corporation controlled by you
Young Roger K C	2201 Interest of corporation controlled by you
Empire Choice International Limited	2501 Other
Buckley John Paul	2201 Interest of corporation controlled by you
19 Growth Capital Fund Lp	2102 Investment manager
19 Growth Capital Fund Gp Inc.	2102 Investment manager
Rise Day Holdings Limited
United Culture Assets Limited
Qiming Gp Ii, L.p.	2201 Interest of corporation controlled by you
Kpcb China Associates Ltd	2201 Interest of corporation controlled by you

Arrail Group (HKSE:06639) Headlines

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