HB Global (XKLS:5187) Days Payable : 88.20 (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is HB Global Days Payable?

HB Global's average Accounts Payable for the three months ended in Jun. 2024 was RM10.56 Mil. HB Global's Cost of Goods Sold for the three months ended in Jun. 2024 was RM10.92 Mil. Hence, HB Global's Days Payable for the three months ended in Jun. 2024 was 88.20.

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

XKLS:5187' s Days Payable Range Over the Past 10 Years
Min: 0.4 Med: 15.61 Max: 73.46
Current: 57.27

During the past 13 years, HB Global's highest Days Payable was 73.46. The lowest was 0.40. And the median was 15.61.

XKLS:5187's Days Payable is ranked better than
62.56% of 1835 companies
in the Consumer Packaged Goods industry
Industry Median: 45.93 vs XKLS:5187: 57.27

HB Global's Days Payable increased from Jun. 2023 (72.01) to Jun. 2024 (88.20). It may suggest that HB Global delayed paying its suppliers.

HB Global Days Payable Historical Data

The historical data trend for HB Global'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.

HB Global Days Payable Chart

HB Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

23.82

73.46

49.73

0.40

HB Global Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															72.01	72.82	27.57	54.89	88.20

Competitive Comparison of HB Global's Days Payable

For the Packaged Foods subindustry, HB Global'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.

HB Global's Days Payable Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where HB Global's Days Payable falls into.

HB Global 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.

HB Global'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
=	( (0.074	+	0.04)	/	2 )	/	51.533	*	365
=	0.057					/	51.533	*	365
=	0.40

HB Global's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (13.746	+	7.369)	/	2 )	/	10.922	*	365 / 4
=	10.5575					/	10.922	*	365 / 4
=	88.20

HB Global Days Payable Related Terms

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

HB Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HB Global Ltd (XKLS:5187) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Weifang Road, Juxian Industry Garden, Shandong Province, Ju County, Rizhao City, CHN

Website

https://www.hbglob.com

HB Global Ltd is an investment holding company. The company and its subsidiaries are primarily a food processing company specializing in the production of a wide variety of ready-to-serve food. The group is organized into business units based on their products and has four reportable operating segments, Ready-to-Serve Food; Frozen Vegetables; Construction contract; and Others. Geographically, the group generates a majority of its revenue from China.

HB Global Headlines

No Headlines