Dafeng Port Heshun Technology Co (HKSE:08310) Days Payable : 35.99 (As of Dec. 2023)

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What is Dafeng Port Heshun Technology Co Days Payable?

Dafeng Port Heshun Technology Co's average Accounts Payable for the three months ended in Dec. 2023 was HK$194 Mil. Dafeng Port Heshun Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$493 Mil. Hence, Dafeng Port Heshun Technology Co's Days Payable for the three months ended in Dec. 2023 was 35.99.

The historical rank and industry rank for Dafeng Port Heshun Technology Co's Days Payable or its related term are showing as below:

HKSE:08310' s Days Payable Range Over the Past 10 Years
Min: 16.76 Med: 77.94 Max: 138.33
Current: 92.3

During the past 12 years, Dafeng Port Heshun Technology Co's highest Days Payable was 138.33. The lowest was 16.76. And the median was 77.94.

HKSE:08310's Days Payable is ranked better than
80.56% of 931 companies
in the Transportation industry
Industry Median: 39.08 vs HKSE:08310: 92.30

Dafeng Port Heshun Technology Co's Days Payable declined from Dec. 2022 (79.69) to Dec. 2023 (35.99). It may suggest that Dafeng Port Heshun Technology Co accelerated paying its suppliers.

Dafeng Port Heshun Technology Co Days Payable Historical Data

The historical data trend for Dafeng Port Heshun Technology 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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Dafeng Port Heshun Technology Co Days Payable Chart

Dafeng Port Heshun Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

138.33

67.40

60.91

105.60

96.79

Dafeng Port Heshun Technology Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															79.69	9,287.16	57.63	100.94	35.99

Competitive Comparison of Dafeng Port Heshun Technology Co's Days Payable

For the Integrated Freight & Logistics subindustry, Dafeng Port Heshun Technology 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.

Dafeng Port Heshun Technology Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Dafeng Port Heshun Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dafeng Port Heshun Technology Co's Days Payable falls into.

Dafeng Port Heshun Technology 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.

Dafeng Port Heshun Technology 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
=	( (415.047	+	194.289)	/	2 )	/	1148.906	*	365
=	304.668					/	1148.906	*	365
=	96.79

Dafeng Port Heshun Technology 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	194.289)	/	1 )	/	492.591	*	365 / 4
=	194.289					/	492.591	*	365 / 4
=	35.99

Dafeng Port Heshun Technology Co Days Payable Related Terms

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Dafeng Port Heshun Technology Co (HKSE:08310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Dafeng Port Heshun Technology Co Ltd (HKSE:08310) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Wang Chiu Road, Unit 1009, Exchange Tower, Kowloon Bay, Kowloon, HKG

Website

http://dfport.com.hk

Dafeng Port Heshun Technology Co Ltd is engaged in the trading and import and export businesses of electronic products, petrochemical products, and other products. The company operates through Integrated logistics handling services, Petrochemical products storage business and trading business.

Executives

Jiang Su Yan Cheng Gang Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Yan Cheng Shi Ren Min Zheng Fu	2201 Interest of corporation controlled by you
Jiang Wen	2101 Beneficial owner
Li Qiuhua	2202 Interest of your spouse
Dafeng Port Overseas Investment Holdings Limited	2101 Beneficial owner
Da Feng Qu Ren Min Zheng Fu	2201 Interest of corporation controlled by you
Jiang Su Da Feng Hai Gang Kong Gu Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

Dafeng Port Heshun Technology Co (HKSE:08310) Headlines

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