Hoa Sen Group (STC:HSG) Days Payable : 28.70 (As of Dec. 2023)

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What is Hoa Sen Group Days Payable?

Hoa Sen Group's average Accounts Payable for the three months ended in Dec. 2023 was ₫2,555,229 Mil. Hoa Sen Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₫8,123,531 Mil. Hence, Hoa Sen Group's Days Payable for the three months ended in Dec. 2023 was 28.70.

The historical rank and industry rank for Hoa Sen Group's Days Payable or its related term are showing as below:

STC:HSG' s Days Payable Range Over the Past 10 Years
Min: 17.97 Med: 27.25 Max: 44.48
Current: 25.3

During the past 13 years, Hoa Sen Group's highest Days Payable was 44.48. The lowest was 17.97. And the median was 27.25.

STC:HSG's Days Payable is ranked worse than
71.6% of 588 companies
in the Steel industry
Industry Median: 39.7 vs STC:HSG: 25.30

Hoa Sen Group's Days Payable increased from Dec. 2022 (16.46) to Dec. 2023 (28.70). It may suggest that Hoa Sen Group delayed paying its suppliers.

Hoa Sen Group Days Payable Historical Data

The historical data trend for Hoa Sen Group'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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Hoa Sen Group Days Payable Chart

Hoa Sen Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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17.97

22.58

26.33

21.74

25.05

Hoa Sen Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															16.46	29.56	18.70	25.20	28.70

Competitive Comparison of Hoa Sen Group's Days Payable

For the Steel subindustry, Hoa Sen Group'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.

Hoa Sen Group's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hoa Sen Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Hoa Sen Group's Days Payable falls into.

Hoa Sen Group 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.

Hoa Sen Group's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1039714.645	+	2885172.193)	/	2 )	/	28590018.867	*	365
=	1962443.419					/	28590018.867	*	365
=	25.05

Hoa Sen Group'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (2885172.193	+	2225285.263)	/	2 )	/	8123530.59	*	365 / 4
=	2555228.728					/	8123530.59	*	365 / 4
=	28.70

Hoa Sen Group Days Payable Related Terms

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Hoa Sen Group (STC:HSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hoa Sen Group (STC:HSG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Nguyen Van Troi Street, Ward 10, Phu Nhuan District, Ho Chi Minh City, VNM

Website

http://www.hoasengroup.vn

Hoa Sen Group is a steel roofing sheet manufacturing company. It manufactures and distributes building material products in Vietnam. The company's product portfolio includes cold rolled coil, aluminum-zinc alloy coated steel sheets, galvanized steel sheets, pre-painted galvanized steel sheets, pre-painted aluminum-zinc alloy coated steel sheets, pre-painted GL and pre-painted GI with PVDF, and wood pattern steel sheets. In addition, it also produces steel purlins, galvanized purlins, manufactures black steel pipes, galvanized steel pipes and other alloys, steel mesh, galvanized steel wire, steel wire, PVC ceiling and manufacturing and trading of plastic building materials.

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