Puhui Wealth Investment Management Co (Puhui Wealth Investment Management Co) Days Payable : 0.00 (As of Dec. 2021)

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What is Puhui Wealth Investment Management Co Days Payable?

Puhui Wealth Investment Management Co's average Accounts Payable for the six months ended in Dec. 2021 was $0.00 Mil. Puhui Wealth Investment Management Co's Cost of Goods Sold for the six months ended in Dec. 2021 was $0.14 Mil. Hence, Puhui Wealth Investment Management Co's Days Payable for the six months ended in Dec. 2021 was 0.00.

The historical rank and industry rank for Puhui Wealth Investment Management Co's Days Payable or its related term are showing as below:

PHCFF's Days Payable is not ranked ^*
in the Asset Management industry.
Industry Median: 74.53
* Ranked among companies with meaningful Days Payable only.

Puhui Wealth Investment Management Co's Days Payable stayed the same from Dec. 2020 (0.00) to Dec. 2021 (0.00).

Puhui Wealth Investment Management Co Days Payable Historical Data

The historical data trend for Puhui Wealth Investment Management 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.

Puhui Wealth Investment Management Co Days Payable Chart

Puhui Wealth Investment Management Co Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Days Payable

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Puhui Wealth Investment Management Co Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Days Payable	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Puhui Wealth Investment Management Co's Days Payable

For the Asset Management subindustry, Puhui Wealth Investment Management 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.

Puhui Wealth Investment Management Co's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Puhui Wealth Investment Management Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Puhui Wealth Investment Management Co's Days Payable falls into.

Puhui Wealth Investment Management 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.

Puhui Wealth Investment Management Co's Days Payable for the fiscal year that ended in Jun. 2021 is calculated as

	Days Payable (A: Jun. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2020 )	+	Accounts Payable (A: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2021 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.26	*	365
=	0					/	0.26	*	365
=	0.00

Puhui Wealth Investment Management Co's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2021 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.136	*	365 / 2
=	0					/	0.136	*	365 / 2
=	0.00

Puhui Wealth Investment Management Co Days Payable Related Terms

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Puhui Wealth Investment Management Co (Puhui Wealth Investment Management Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Puhui Wealth Investment Management Co Ltd (OTCPK:PHCFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Chang An Street, Room 801, 802, 8th Floor, W1 Office Building, Oriental Commerce Tower, Dong Cheng District, Beijing, CHN, 100006

Website

https://www.puhuiwealth.com

Puhui Wealth Investment Management Co Ltd is a third-party wealth management service provider. The company is focused on the marketing of financial products, and managing funds for individuals and corporate clients. It generates its revenue from the commissions and recurring service fees generated through wealth management product-related services.