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HRSHF (Haier Smart Home Co) Days Payable : 99.80 (As of Dec. 2024)


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What is Haier Smart Home Co Days Payable?

Haier Smart Home Co's average Accounts Payable for the three months ended in Dec. 2024 was $9,933 Mil. Haier Smart Home Co's Cost of Goods Sold for the three months ended in Dec. 2024 was $9,082 Mil. Hence, Haier Smart Home Co's Days Payable for the three months ended in Dec. 2024 was 99.80.

The historical rank and industry rank for Haier Smart Home Co's Days Payable or its related term are showing as below:

HRSHF' s Days Payable Range Over the Past 10 Years
Min: 106.99   Med: 132.88   Max: 157.4
Current: 127.32

During the past 13 years, Haier Smart Home Co's highest Days Payable was 157.40. The lowest was 106.99. And the median was 132.88.

HRSHF's Days Payable is ranked better than
80.95% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.105 vs HRSHF: 127.32

Haier Smart Home Co's Days Payable declined from Dec. 2023 (105.12) to Dec. 2024 (99.80). It may suggest that Haier Smart Home Co accelerated paying its suppliers.


Haier Smart Home Co Days Payable Historical Data

The historical data trend for Haier Smart Home 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.

* Premium members only.

Haier Smart Home Co Days Payable Chart

Haier Smart Home Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 132.43 144.45 153.56 129.21 131.99

Haier Smart Home Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 105.12 137.28 147.49 133.97 99.80

Competitive Comparison of Haier Smart Home Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Haier Smart Home 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.


Haier Smart Home Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Haier Smart Home Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Haier Smart Home Co's Days Payable falls into.


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Haier Smart Home 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.

Haier Smart Home Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (10108.815 + 10402.451) / 2 ) / 28360.88*365
=10255.633 / 28360.88*365
=131.99

Haier Smart Home Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (9464.463 + 10402.451) / 2 ) / 9082.061*365 / 4
=9933.457 / 9082.061*365 / 4
=99.80

* 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.


Haier Smart Home Co Days Payable Related Terms

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Haier Smart Home Co Business Description

Address
Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101
Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2024, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.