China Wan Tong Yuan (Holdings) (HKSE:06966) Days Payable : 213.27 (As of Dec. 2023)

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What is China Wan Tong Yuan (Holdings) Days Payable?

China Wan Tong Yuan (Holdings)'s average Accounts Payable for the six months ended in Dec. 2023 was HK$6.32 Mil. China Wan Tong Yuan (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$5.41 Mil. Hence, China Wan Tong Yuan (Holdings)'s Days Payable for the six months ended in Dec. 2023 was 213.27.

The historical rank and industry rank for China Wan Tong Yuan (Holdings)'s Days Payable or its related term are showing as below:

HKSE:06966' s Days Payable Range Over the Past 10 Years
Min: 46.4 Med: 126.81 Max: 262.81
Current: 251.24

During the past 9 years, China Wan Tong Yuan (Holdings)'s highest Days Payable was 262.81. The lowest was 46.40. And the median was 126.81.

HKSE:06966's Days Payable is ranked better than
89.8% of 98 companies
in the Personal Services industry
Industry Median: 30.825 vs HKSE:06966: 251.24

China Wan Tong Yuan (Holdings)'s Days Payable declined from Dec. 2022 (384.02) to Dec. 2023 (213.27). It may suggest that China Wan Tong Yuan (Holdings) accelerated paying its suppliers.

China Wan Tong Yuan (Holdings) Days Payable Historical Data

The historical data trend for China Wan Tong Yuan (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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China Wan Tong Yuan (Holdings) Days Payable Chart

China Wan Tong Yuan (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

46.40

126.81

262.68

242.89

262.81

China Wan Tong Yuan (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial												180.48	384.02	218.56	213.27	380.01

Competitive Comparison of China Wan Tong Yuan (Holdings)'s Days Payable

For the Personal Services subindustry, China Wan Tong Yuan (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.

China Wan Tong Yuan (Holdings)'s Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, China Wan Tong Yuan (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where China Wan Tong Yuan (Holdings)'s Days Payable falls into.

China Wan Tong Yuan (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.

China Wan Tong Yuan (Holdings)'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
=	( (6.46	+	7.998)	/	2 )	/	10.04	*	365
=	7.229					/	10.04	*	365
=	262.81

China Wan Tong Yuan (Holdings)'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
=	( (4.637	+	7.998)	/	2 )	/	5.406	*	365 / 2
=	6.3175					/	5.406	*	365 / 2
=	213.27

China Wan Tong Yuan (Holdings) Days Payable Related Terms

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China Wan Tong Yuan (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » China Wan Tong Yuan (Holdings) Ltd (HKSE:06966) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 48, Louzhuang Road, Langfang Development Area, Hebei, Langfang, CHN

Website

http://www.chinawty.com

China Wan Tong Yuan (Holdings) Ltd is a burial services provider in Langfang, Hebei Province, China. It offers cemetery services under the brand Wan Tong Yuan and burial services, including traditional and artistic burial services. The group's businesses involve the Sales of burial plots; Sales of columbarium units; Provision of other burial-related services; and Provision of cemetery maintenance services. It derives key revenue from the sales of burial plots. The group operates in the PRC.

Executives

Tai Shing International Investment Company Limited	2101 Beneficial owner
Lily Charm Holding Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Zhao Ying	2307 Founder of a discretionary trust who can infl
Fairich Trading Limited	2101 Beneficial owner
Xing Junying	2101 Beneficial owner
Zhao Ying

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