Vohringer Home Technology Co (SHSE:603226) Days Payable : 108.32 (As of Mar. 2024)

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What is Vohringer Home Technology Co Days Payable?

Vohringer Home Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥54.4 Mil. Vohringer Home Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥45.8 Mil. Hence, Vohringer Home Technology Co's Days Payable for the three months ended in Mar. 2024 was 108.32.

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

SHSE:603226' s Days Payable Range Over the Past 10 Years
Min: 36.93 Med: 43.63 Max: 86.59
Current: 71.23

During the past 12 years, Vohringer Home Technology Co's highest Days Payable was 86.59. The lowest was 36.93. And the median was 43.63.

SHSE:603226's Days Payable is ranked better than
52.61% of 403 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.13 vs SHSE:603226: 71.23

Vohringer Home Technology Co's Days Payable increased from Mar. 2023 (90.60) to Mar. 2024 (108.32). It may suggest that Vohringer Home Technology Co delayed paying its suppliers.

Vohringer Home Technology Co Days Payable Historical Data

The historical data trend for Vohringer Home Technology 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.

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Vohringer Home Technology Co Days Payable Chart

Vohringer Home Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.93

47.25

44.17

76.19

86.59

Vohringer Home Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															90.60	57.63	80.97	73.78	108.32

Competitive Comparison of Vohringer Home Technology Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Vohringer Home Technology 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.

Vohringer Home Technology Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

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

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

Vohringer Home Technology 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.

Vohringer Home Technology Co'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
=	( (96.044	+	62.689)	/	2 )	/	334.558	*	365
=	79.3665					/	334.558	*	365
=	86.59

Vohringer Home Technology Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (62.689	+	46.097)	/	2 )	/	45.821	*	365 / 4
=	54.393					/	45.821	*	365 / 4
=	108.32

Vohringer Home Technology Co Days Payable Related Terms

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Vohringer Home Technology Co (SHSE:603226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Vohringer Home Technology Co Ltd (SHSE:603226) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

7001 Linhai Road, Qingcun Township, Fengxian District, Shanghai, CHN, 201414

Website

http://www.vohringer.com

Vohringer Home Technology Co Ltd, formerly Shanghai Vohringer Wood Product Co Ltd is engaged in the development and sale of wood flooring and wood custom furniture for the whole house. The company's main products include laminate flooring, multi-layer parquet, three-layer solid wood flooring, pure wooden floors and custom homes throughout the house.

Executives

Liu Dun Yin	Directors, senior managers
Tao Yuan	senior management
Sun Zhen Wei	senior management
Li Cong	senior management
Ji Fu Tang	senior management
Li Yun	senior management

Vohringer Home Technology Co (SHSE:603226) Headlines

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