Differ Group Auto (HKSE:06878) Days Payable: 542.84 (As of Jun. 2024)

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HKSE:06878 Differ Group Auto Ltd HKSE:06878
4 GF Score
Price HK$0.04
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What is Differ Group Auto Days Payable?

Differ Group Auto HKSE:06878 4 Days Payable is 542.84 as of Jun. 2024. GuruFocus rates HKSE:06878 with a GF Score™ of 4/100.

Differ Group Auto's average Accounts Payable for the six months ended in Jun. 2024 was HK$635 Mil. Differ Group Auto's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$213 Mil. Hence, Differ Group Auto's Days Payable for the six months ended in Jun. 2024 was 542.84.

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

HKSE:06878's Days Payable is not ranked *
in the Credit Services industry.
Industry Median: 32.21
* Ranked among companies with meaningful Days Payable only.

Differ Group Auto's Days Payable increased from Jun. 2023 (92.47) to Jun. 2024 (542.84). It may suggest that Differ Group Auto delayed paying its suppliers.


Differ Group Auto Days Payable Historical Data

* Premium members only.

The historical data trend for Differ Group Auto'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.

Differ Group Auto Days Payable Chart

Differ Group Auto Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.49 32.26 202.28 178.51 89.08

Differ Group Auto Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 247.79 137.06 92.47 76.69 542.84

HKSE:06878 vs V, MA, AXP: Days Payable Comparison

For the Credit Services subindustry, Differ Group Auto'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.


Differ Group Auto Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Differ Group Auto's Days Payable distribution charts can be found below:

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


HKSE:06878
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Differ Group Auto Ltd HKSE:06878
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Differ Group Auto 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.

Differ Group Auto'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
=( (441.972 + 494.28) / 2 ) / 1918.017*365
=468.126 / 1918.017*365
=89.08

Differ Group Auto's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (494.28 + 775.133) / 2 ) / 213.384*365 / 2
=634.7065 / 213.384*365 / 2
=542.84

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 542.84 mean?
Differ Group Auto (HKSE:06878) has a Days Payable of 542.84 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Differ Group Auto and its competitors.
Is Differ Group Auto's Days Payable too high?
Differ Group Auto's current Days Payable is 542.84. The Credit Services industry median Days Payable is 32.21. Differ Group Auto's value of 542.84 is 1585.3% above this industry median. Overall, Differ Group Auto has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Differ Group Auto's Days Payable compare to V and MA?
Differ Group Auto's Days Payable of 542.84 can be compared against companies in the Credit Services industry. The industry median Days Payable is 32.21. Differ Group Auto's value of 542.84 is 1585.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Credit Services company?
The median Days Payable among Credit Services companies is 32.21, based on 301 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Differ Group Auto's current Days Payable of 542.84 is 1585.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Differ Group Auto and its competitors. For the Credit Services industry, the median Days Payable is 32.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Differ Group Auto's current Days Payable is 542.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Differ Group Auto stock overvalued right now?
Differ Group Auto (HKSE:06878) has a current Days Payable of 542.84. The current Days Payable is 542.84 and 1585.3% above the Credit Services industry median of 32.21. Differ Group Auto's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Differ Group Auto (HKSE:06878), the current Days Payable is 542.84 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Differ Group Auto Business Description

Address No. 503 Gaolin Middle Road, 33th Floor, Differ Fortune Centre, Huli District, Fujian Province, Xiamen, CHN
Differ Group Auto Ltd, formerly Differ Group Holding Company Limited, is a China-based investment holding company. The Company conducts its businesses primarily through four segments. The Financial Services segment is principally engaged in the provision of guarantee services, express loan services, advisory services, financial leasing services, financial securities services and asset management. The Property Development and Investment segment is principally engaged in the operation of property development projects and property investment activities. The Commodity Trading segment is mainly engaged in the trading of commodities. The Automotive E-commerce segment is principally engaged in the operation of online automotive e-commerce platforms.
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