Qian Hu (SGX:BCV) Days Payable : 23.87 (As of Dec. 2023)

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What is Qian Hu Days Payable?

Qian Hu's average Accounts Payable for the six months ended in Dec. 2023 was S$3.16 Mil. Qian Hu's Cost of Goods Sold for the six months ended in Dec. 2023 was S$24.19 Mil. Hence, Qian Hu's Days Payable for the six months ended in Dec. 2023 was 23.87.

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

SGX:BCV' s Days Payable Range Over the Past 10 Years
Min: 22.63 Med: 40.07 Max: 44.46
Current: 24.1

During the past 13 years, Qian Hu's highest Days Payable was 44.46. The lowest was 22.63. And the median was 40.07.

SGX:BCV's Days Payable is ranked worse than
78.44% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs SGX:BCV: 24.10

Qian Hu's Days Payable declined from Dec. 2022 (24.49) to Dec. 2023 (23.87). It may suggest that Qian Hu accelerated paying its suppliers.

Qian Hu Days Payable Historical Data

The historical data trend for Qian Hu'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.

Qian Hu Days Payable Chart

Qian Hu Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.09

37.38

30.04

22.63

24.75

Qian Hu Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															27.41	25.41	24.49	23.67	23.87

Competitive Comparison of Qian Hu's Days Payable

For the Leisure subindustry, Qian Hu'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.

Qian Hu's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Qian Hu's Days Payable distribution charts can be found below:

* The bar in red indicates where Qian Hu's Days Payable falls into.

Qian Hu 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.

Qian Hu'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
=	( (2.932	+	3.409)	/	2 )	/	46.748	*	365
=	3.1705					/	46.748	*	365
=	24.75

Qian Hu'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
=	( (2.918	+	3.409)	/	2 )	/	24.191	*	365 / 2
=	3.1635					/	24.191	*	365 / 2
=	23.87

Qian Hu Days Payable Related Terms

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Qian Hu (SGX:BCV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Qian Hu Corp Ltd (SGX:BCV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 71 Jalan Lekar, Sungei Tengah, Singapore, SGP, 698950

Website

https://www.qianhu.com

Qian Hu Corp Ltd is an integrated ornamental fish service provider in Singapore. Its operating segments are Fish, Accessories, Plastics, and others. The company generates maximum revenue from the Accessories segment. Its Accessories segment includes the manufacturing and distribution of aquarium and pet accessories. The Fish segment includes fish farming, breeding, distribution, and trading of ornamental and edible fish/seafood. Its Plastics segment includes the manufacturing and distribution of plastic bags.

Qian Hu (SGX:BCV) Headlines

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