Grace Wine Holdings (HKSE:08146) Days Payable : 0.00 (As of Jun. 2024)

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What is Grace Wine Holdings Days Payable?

Grace Wine Holdings's average Accounts Payable for the three months ended in Jun. 2024 was HK$0.05 Mil. Grace Wine Holdings's Cost of Goods Sold for the three months ended in Jun. 2024 was HK$0.00 Mil.

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

HKSE:08146' s Days Payable Range Over the Past 10 Years
Min: 1.91 Med: 10.1 Max: 61.83
Current: 22.71

During the past 10 years, Grace Wine Holdings's highest Days Payable was 61.83. The lowest was 1.91. And the median was 10.10.

HKSE:08146's Days Payable is ranked worse than
91.96% of 199 companies
in the Beverages - Alcoholic industry
Industry Median: 79.89 vs HKSE:08146: 22.71

Grace Wine Holdings's Days Payable declined from Mar. 2023 (2.05) to Jun. 2024 (0.00). It may suggest that Grace Wine Holdings accelerated paying its suppliers.

Grace Wine Holdings Days Payable Historical Data

The historical data trend for Grace Wine 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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Grace Wine Holdings Days Payable Chart

Grace Wine Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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61.83

56.06

53.34

1.91

27.93

Grace Wine Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															6.28	6.30	0.10	-	-

Competitive Comparison of Grace Wine Holdings's Days Payable

For the Beverages - Wineries & Distilleries subindustry, Grace Wine 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.

Grace Wine Holdings's Days Payable Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Grace Wine Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Grace Wine Holdings's Days Payable falls into.

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Grace Wine 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.

Grace Wine 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
=	( (0.194	+	0.005)	/	2 )	/	18.966	*	365
=	0.0995					/	18.966	*	365
=	1.91

Grace Wine Holdings'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
=	( (0.005	+	0.089)	/	2 )	/	0	*	365 / 4
=	0.047					/	0	*	365 / 4
=	N/A

Grace Wine Holdings Days Payable Related Terms

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Grace Wine Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Grace Wine Holdings Ltd (HKSE:08146) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 20 Westlands Road, Unit 2304, 23rd Floor, Westlands Centre, Quarry Bay, Hong Kong, HKG

Website

http://www.gracewine.com.hk

Grace Wine Holdings Ltd is a China-based company engaged in the Winemaking business. Its wine product portfolio includes higher-end wine and entry-level wine. It offers Red wine, White and Sparkling wine, and Rose wine. The company mainly engaged in two reporting segments, namely the production of wines; and the production of spirits. The majority of revenue derives from the production of the wine segment. Geographically the group mainly operates in the PRC.

Executives

Chan Chun Keung	2202 Interest of your spouse
Wong Shu Ying	2101 Beneficial owner
Macmillan Equity Limited	2101 Beneficial owner
Chan Judy	2201 Interest of corporation controlled by you
Ting Tan Ming	2101 Beneficial owner
Palgrave Enterprises Limited	2101 Beneficial owner

Grace Wine Holdings Headlines

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