Hywin Holdings (Hywin Holdings) Days Payable : 8.72 (As of Dec. 2022)

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What is Hywin Holdings Days Payable?

Hywin Holdings's average Accounts Payable for the six months ended in Dec. 2022 was $4.1 Mil. Hywin Holdings's Cost of Goods Sold for the six months ended in Dec. 2022 was $86.4 Mil. Hence, Hywin Holdings's Days Payable for the six months ended in Dec. 2022 was 8.72.

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

HYW' s Days Payable Range Over the Past 10 Years
Min: 0.99 Med: 0.99 Max: 4.81
Current: 4.81

During the past 6 years, Hywin Holdings's highest Days Payable was 4.81. The lowest was 0.99. And the median was 0.99.

HYW's Days Payable is ranked worse than
94.23% of 468 companies
in the Asset Management industry
Industry Median: 72.31 vs HYW: 4.81

Hywin Holdings's Days Payable increased from Dec. 2021 (0.00) to Dec. 2022 (8.72). It may suggest that Hywin Holdings delayed paying its suppliers.

Hywin Holdings Days Payable Historical Data

The historical data trend for Hywin 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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Hywin Holdings Days Payable Chart

Hywin Holdings Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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0.99

Hywin Holdings Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial					-	-	-	8.72	4.78

Competitive Comparison of Hywin Holdings's Days Payable

For the Asset Management subindustry, Hywin 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.

Hywin Holdings's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hywin Holdings's Days Payable distribution charts can be found below:

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

Hywin 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.

Hywin Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0.465)	/	1 )	/	171.874	*	365
=	0.465					/	171.874	*	365
=	0.99

Hywin Holdings's Days Payable for the quarter that ended in Dec. 2022 is calculated as:

	Days Payable (Q: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2022 )	+	Accounts Payable (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0	+	4.13)	/	1 )	/	86.395	*	365 / 2
=	4.13					/	86.395	*	365 / 2
=	8.72

Hywin Holdings Days Payable Related Terms

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Hywin Holdings (Hywin Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hywin Holdings Ltd (NAS:HYW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Yincheng Mid. Road, F3, Hywin Financial Centre, Pudong New District, Shanghai, CHN, 200120

Website

http://www.hywinwealth.com

Hywin Holdings Ltd is a wealth management service provider in China. It primarily provide wealth management services, insurance brokerage services, asset management services and other services to clients.