GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vinh Hoan Corp (STC:VHC) » Definitions » Days Payable

Vinh Hoan (STC:VHC) Days Payable : 14.40 (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Vinh Hoan Days Payable?

Vinh Hoan's average Accounts Payable for the three months ended in Dec. 2024 was ₫414,687 Mil. Vinh Hoan's Cost of Goods Sold for the three months ended in Dec. 2024 was ₫2,628,217 Mil. Hence, Vinh Hoan's Days Payable for the three months ended in Dec. 2024 was 14.40.

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

STC:VHC' s Days Payable Range Over the Past 10 Years
Min: 10.08   Med: 14.14   Max: 18.45
Current: 14.73

During the past 13 years, Vinh Hoan's highest Days Payable was 18.45. The lowest was 10.08. And the median was 14.14.

STC:VHC's Days Payable is ranked worse than
91.48% of 1830 companies
in the Consumer Packaged Goods industry
Industry Median: 45.895 vs STC:VHC: 14.73

Vinh Hoan's Days Payable declined from Dec. 2023 (16.12) to Dec. 2024 (14.40). It may suggest that Vinh Hoan accelerated paying its suppliers.


Vinh Hoan Days Payable Historical Data

The historical data trend for Vinh Hoan'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.

Vinh Hoan Days Payable Chart

Vinh Hoan Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.45 16.65 14.01 16.16 10.08

Vinh Hoan Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.12 13.84 16.86 18.34 14.40

Competitive Comparison of Vinh Hoan's Days Payable

For the Packaged Foods subindustry, Vinh Hoan'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.


Vinh Hoan's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vinh Hoan's Days Payable distribution charts can be found below:

* The bar in red indicates where Vinh Hoan's Days Payable falls into.


;
;

Vinh Hoan 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.

Vinh Hoan's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (308584.163 + 277792.113) / 2 ) / 10617752.698*365
=293188.138 / 10617752.698*365
=10.08

Vinh Hoan's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (551582.595 + 277792.113) / 2 ) / 2628216.887*365 / 4
=414687.354 / 2628216.887*365 / 4
=14.40

* 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.


Vinh Hoan Days Payable Related Terms

Thank you for viewing the detailed overview of Vinh Hoan's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Vinh Hoan Business Description

Traded in Other Exchanges
N/A
Address
National Road 30, Ward 11, Cao Lanh City, Dong Thap, VNM
Vinh Hoan Corp is engaged in fish processing. The business activities of the group are functioned through Vinh Foods, Vinh Aquaculture, and Vinh Wellness segments. The Vinh Foods provides premium seafood from sustainable aquaculture; Vinh Aquaculture, helps advance sustainable tropical aquaculture with a combination of research, development, education, and on-site training; and Vinh Wellness, provides premium wellness products derived from sustainable aquaculture. Geographically, the activities are carried out through the region of Vietnam.