Pu`er Lancang Ancient Tea Co (HKSE:06911) Days Payable : 271.61 (As of Dec. 2023)

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What is Pu`er Lancang Ancient Tea Co Days Payable?

Pu`er Lancang Ancient Tea Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$133.5 Mil. Pu`er Lancang Ancient Tea Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$89.7 Mil. Hence, Pu`er Lancang Ancient Tea Co's Days Payable for the six months ended in Dec. 2023 was 271.61.

The historical rank and industry rank for Pu`er Lancang Ancient Tea Co's Days Payable or its related term are showing as below:

HKSE:06911' s Days Payable Range Over the Past 10 Years
Min: 69.9 Med: 146.55 Max: 295.45
Current: 295.45

During the past 4 years, Pu`er Lancang Ancient Tea Co's highest Days Payable was 295.45. The lowest was 69.90. And the median was 146.55.

HKSE:06911's Days Payable is ranked better than
96.24% of 1836 companies
in the Consumer Packaged Goods industry
Industry Median: 45.92 vs HKSE:06911: 295.45

Pu`er Lancang Ancient Tea Co's Days Payable declined from Dec. 2022 (321.77) to Dec. 2023 (271.61). It may suggest that Pu`er Lancang Ancient Tea Co accelerated paying its suppliers.

Pu`er Lancang Ancient Tea Co Days Payable Historical Data

The historical data trend for Pu`er Lancang Ancient Tea Co'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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Pu`er Lancang Ancient Tea Co Days Payable Chart

Pu`er Lancang Ancient Tea Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

102.21

69.90

190.89

247.50

Pu`er Lancang Ancient Tea Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			86.09	321.77	252.12	271.61	296.92

Competitive Comparison of Pu`er Lancang Ancient Tea Co's Days Payable

For the Farm Products subindustry, Pu`er Lancang Ancient Tea Co'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.

Pu`er Lancang Ancient Tea Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pu`er Lancang Ancient Tea Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Pu`er Lancang Ancient Tea Co's Days Payable falls into.

Pu`er Lancang Ancient Tea Co 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.

Pu`er Lancang Ancient Tea Co'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
=	( (135.022	+	123.419)	/	2 )	/	190.566	*	365
=	129.2205					/	190.566	*	365
=	247.50

Pu`er Lancang Ancient Tea Co'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
=	( (143.625	+	123.419)	/	2 )	/	89.716	*	365 / 2
=	133.522					/	89.716	*	365 / 2
=	271.61

Pu`er Lancang Ancient Tea Co Days Payable Related Terms

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Pu`er Lancang Ancient Tea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pu`er Lancang Ancient Tea Co Ltd (HKSE:06911) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pingzhang Road, West Suburb Hot Spring Community, Lancang Lahu Ethnic Autonomous County, Yunnan Province, Menglang Town, Puer, CHN

Website

http://www.lcgc.cn

Pu`er Lancang Ancient Tea Co Ltd is principally engaged in the development, manufacturing and sales of tea products, primarily Pu'er tea products in China.

Executives

China Credit Trust Co., Ltd	2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd.	2201 Interest of corporation controlled by you
Lan Cang Lv Se Zi Yuan Tou Zi You Xian Gong Si	2101 Beneficial owner
Lan Cang Xian Guo You Zi Chan Jing Ying You Xian Ze Ren Gong Si	2201 Interest of corporation controlled by you
Lan Cang Xian Tou Zi Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Sheng Song Lan Cang Sheng Shi Cha Xiang Yi Hao Si Mu Zheng Quan Tou Zi Ji Jin	2101 Beneficial owner
Dong Xing An Xin Hao Dan Yi Zi Chan Guan Li Ji Hua	2301 Trustee
Wang Chen	2201 Interest of corporation controlled by you
Zhang Liang	2201 Interest of corporation controlled by you
Zhong Guo Hai Jing Ji Tuan You Xian Gong Si	2101 Beneficial owner
Wang Chunyu	2101 Beneficial owner

Pu`er Lancang Ancient Tea Co Headlines

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