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China Youran Dairy Group (HKSE:09858) Days Payable : 47.87 (As of Dec. 2023)


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What is China Youran Dairy Group Days Payable?

China Youran Dairy Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$2,077 Mil. China Youran Dairy Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$7,920 Mil. Hence, China Youran Dairy Group's Days Payable for the six months ended in Dec. 2023 was 47.87.

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

HKSE:09858' s Days Payable Range Over the Past 10 Years
Min: 27.19   Med: 50.08   Max: 62.67
Current: 55.97

During the past 6 years, China Youran Dairy Group's highest Days Payable was 62.67. The lowest was 27.19. And the median was 50.08.

HKSE:09858's Days Payable is ranked better than
60.16% of 1792 companies
in the Consumer Packaged Goods industry
Industry Median: 46.105 vs HKSE:09858: 55.97

China Youran Dairy Group's Days Payable declined from Dec. 2022 (52.43) to Dec. 2023 (47.87). It may suggest that China Youran Dairy Group accelerated paying its suppliers.


China Youran Dairy Group Days Payable Historical Data

The historical data trend for China Youran Dairy Group'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.

* Premium members only.

China Youran Dairy Group Days Payable Chart

China Youran Dairy Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 29.57 44.10 56.05 62.67 62.33

China Youran Dairy Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.86 46.27 52.43 57.89 47.87

Competitive Comparison of China Youran Dairy Group's Days Payable

For the Farm Products subindustry, China Youran Dairy Group'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 Youran Dairy Group's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Youran Dairy Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Youran Dairy Group's Days Payable falls into.



China Youran Dairy Group 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 Youran Dairy Group'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
=( (3002.375 + 2311.365) / 2 ) / 15558.033*365
=2656.87 / 15558.033*365
=62.33

China Youran Dairy Group'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
=( (1843.616 + 2311.365) / 2 ) / 7919.644*365 / 2
=2077.4905 / 7919.644*365 / 2
=47.87

* 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.


China Youran Dairy Group Days Payable Related Terms

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China Youran Dairy Group (HKSE:09858) Business Description

Traded in Other Exchanges
N/A
Address
No. 169, Hexi Road, Saihan District, Inner Mongolia, Hohhot, CHN
China Youran Dairy Group Ltd is primarily engaged in the production and sale of raw milk, and the trading, production and sale of dairy farming products in the China. The group operates through two business segments, namely, Raw Milk and Comprehensive Ruminant Farming Solutions. It provides premium raw milk to large-scale dairy manufacturers and offer ruminant farming products and services to dairy farms.
Executives
Pacific Alliance Group Limited 2201 Interest of corporation controlled by you
Pag 2201 Interest of corporation controlled by you
Pag Capital Limited 2201 Interest of corporation controlled by you
Shan Weijian 2201 Interest of corporation controlled by you
Pag Dairy Gp I Limited 2201 Interest of corporation controlled by you
Pag Dairy I Lp 2201 Interest of corporation controlled by you
Pagac Yogurt Holding Ii Limited 2101 Beneficial owner
Shan Weijian 2201 Interest of corporation controlled by you
Pagac Yogurt Holding Iii Limited 2101 Beneficial owner
Pag Asia Capital Gp I Limited 2201 Interest of corporation controlled by you
Pag Asia I Lp 2201 Interest of corporation controlled by you
Pagac Yogurt Holding I Limited 2101 Beneficial owner
Meadowland Investment Limited Partnership 2101 Beneficial owner
Nei Meng Gu Yi Li Shi Ye Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo You Ran Mu Ye Kong Gu You Xian Gong Si 2101 Beneficial owner

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