Grand Fortune High Grade (LSE:GFHG) Days Payable : 0.00 (As of Oct. 2023)

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What is Grand Fortune High Grade Days Payable?

Grand Fortune High Grade's average Accounts Payable for the six months ended in Oct. 2023 was £0.00 Mil. Grand Fortune High Grade's Cost of Goods Sold for the six months ended in Oct. 2023 was £0.00 Mil.

The historical rank and industry rank for Grand Fortune High Grade's Days Payable or its related term are showing as below:

LSE:GFHG's Days Payable is not ranked ^*
in the Education industry.
Industry Median: 35.575
* Ranked among companies with meaningful Days Payable only.

Grand Fortune High Grade's Days Payable stayed the same from Oct. 2022 (0.00) to Oct. 2023 (0.00).

Grand Fortune High Grade Days Payable Historical Data

The historical data trend for Grand Fortune High Grade'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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Grand Fortune High Grade Days Payable Chart

Grand Fortune High Grade Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Payable

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Grand Fortune High Grade Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Grand Fortune High Grade's Days Payable

For the Education & Training Services subindustry, Grand Fortune High Grade'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.

Grand Fortune High Grade's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Grand Fortune High Grade's Days Payable distribution charts can be found below:

* The bar in red indicates where Grand Fortune High Grade's Days Payable falls into.

Grand Fortune High Grade 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.

Grand Fortune High Grade's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

	Days Payable (A: Apr. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2022 )	+	Accounts Payable (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0	+	0.001)	/	1 )	/	0	*	365
=	0.001					/	0	*	365
=	N/A

Grand Fortune High Grade's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (0.001	+	0)	/	1 )	/	0	*	365 / 2
=	0.001					/	0	*	365 / 2
=	N/A

Grand Fortune High Grade Days Payable Related Terms

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Grand Fortune High Grade (LSE:GFHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Grand Fortune High Grade Ltd (LSE:GFHG) » Definitions » Days Payable

Comparable Companies

BOM:501370 BOM:532019 OSTO:APRNDR HKSE:08417 HKSE:08160 BOM:533540 ISX:IDEA LEAI HKSE:08363 BOM:534312

Traded in Other Exchanges

N/A

Address

No. 2193 Guangyuan East, Room No. 1805, Times New World Center, Tianhe District, Guangdong Province, Guangzhou, CHN

Website

http://www.gf-hg.com

Grand Fortune High Grade Ltd provides financial training, corporate training, and professional qualification courses. The company is focused on development, by organic growth, it's a financial training business to satisfy the significant demand for financial sector specialists. The firm operates in a single segment namely the Development and operation of financial training courses in China.

Grand Fortune High Grade (LSE:GFHG) Headlines

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