Huidanitary Ware Co (SHSE:603385) Days Payable : 150.30 (As of Mar. 2024)

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What is Huidanitary Ware Co Days Payable?

Huidanitary Ware Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥809 Mil. Huidanitary Ware Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥491 Mil. Hence, Huidanitary Ware Co's Days Payable for the three months ended in Mar. 2024 was 150.30.

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

SHSE:603385' s Days Payable Range Over the Past 10 Years
Min: 35.19 Med: 75.58 Max: 126.47
Current: 101.31

During the past 12 years, Huidanitary Ware Co's highest Days Payable was 126.47. The lowest was 35.19. And the median was 75.58.

SHSE:603385's Days Payable is ranked better than
63.63% of 1603 companies
in the Construction industry
Industry Median: 75.21 vs SHSE:603385: 101.31

Huidanitary Ware Co's Days Payable increased from Mar. 2023 (137.81) to Mar. 2024 (150.30). It may suggest that Huidanitary Ware Co delayed paying its suppliers.

Huidanitary Ware Co Days Payable Historical Data

The historical data trend for Huidanitary Ware 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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Huidanitary Ware Co Days Payable Chart

Huidanitary Ware Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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85.03

126.47

125.42

121.96

107.97

Huidanitary Ware 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															137.81	86.18	92.82	93.59	150.30

Competitive Comparison of Huidanitary Ware Co's Days Payable

For the Building Products & Equipment subindustry, Huidanitary Ware 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.

Huidanitary Ware Co's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Huidanitary Ware Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Huidanitary Ware Co's Days Payable falls into.

Huidanitary Ware 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.

Huidanitary Ware 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
=	( (762.836	+	828.716)	/	2 )	/	2690.215	*	365
=	795.776					/	2690.215	*	365
=	107.97

Huidanitary Ware 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
=	( (828.716	+	789.982)	/	2 )	/	491.384	*	365 / 4
=	809.349					/	491.384	*	365 / 4
=	150.30

Huidanitary Ware Co Days Payable Related Terms

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Huidanitary Ware Co (SHSE:603385) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Huida Sanitary Ware Co Ltd (SHSE:603385) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7, Huida Road, Huida Ceramic World, Huanggezhuang Town, Fengnan District, Hebei Province, Tangshan City, CHN, 063307

Website

http://www.huidagroup.com

Huida Sanitary Ware Co Ltd is a Chinese company engaged in the production and sale of sanitary ceramics products, architectural ceramics, and sanitary ware sanitary ware accessories. It offers products such as sanitary wares, bath cabinets, wall tiles, the plastic fittings, washbasin, faucets, electronic products, the bathtub and the hardware fittings. The entity offers its products to the clients all over the world.

Executives

Wang Jia	Director
Zhang Chun Yu	Directors, senior managers
Yin Kang	Director
Wang Yan Qing	Director
Wang Yan Wei	Director
Wang Hui Wen	Director
Du Guo Feng	Director
Dong Hua Zhong	Director
Yang Chun	senior management

Huidanitary Ware Co (SHSE:603385) Headlines

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