ZDAOF (Zhidao International (Holdings)) Days Payable: 21,402.78 (As of Sep. 2024)

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ZDAOF Zhidao International (Holdings) Ltd ZDAOF
9 GF Score
Price $0.23
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What is Zhidao International (Holdings) Days Payable?

Zhidao International (Holdings) ZDAOF 9 Days Payable is 21,402.78 as of Sep. 2024. GuruFocus rates ZDAOF with a GF Score™ of 9/100.

Zhidao International (Holdings)'s average Accounts Payable for the six months ended in Sep. 2024 was $11.49 Mil. Zhidao International (Holdings)'s Cost of Goods Sold for the six months ended in Sep. 2024 was $0.10 Mil. Hence, Zhidao International (Holdings)'s Days Payable for the six months ended in Sep. 2024 was 21,402.78.

The historical rank and industry rank for Zhidao International (Holdings)'s Days Payable or its related term are showing as below:

ZDAOF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 125.6
* Ranked among companies with meaningful Days Payable only.

Zhidao International (Holdings)'s Days Payable increased from Sep. 2023 (105.62) to Sep. 2024 (21,402.78). It may suggest that Zhidao International (Holdings) delayed paying its suppliers.

Zhidao International (Holdings) Days Payable Related Terms

Zhidao International (Holdings) Days Payable Historical Data

* Premium members only.

The historical data trend for Zhidao International (Holdings)'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.

Zhidao International (Holdings) Days Payable Chart

Zhidao International (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.61 277.17 54.93 56.21 252.33

Zhidao International (Holdings) Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 126.57 37.65 105.62 0.00 21,402.78

ZDAOF vs AA: Days Payable Comparison

For the Aluminum subindustry, Zhidao International (Holdings)'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.

Zhidao International (Holdings) Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zhidao International (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Zhidao International (Holdings)'s Days Payable falls into.


ZDAOF
9GF Score
Zhidao International (Holdings) Ltd ZDAOF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Zhidao International (Holdings) 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.

Zhidao International (Holdings)'s Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (4.9 + 11.762) / 2 ) / 12.051*365
=8.331 / 12.051*365
=252.33

Zhidao International (Holdings)'s Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (11.762 + 11.224) / 2 ) / 0.098*365 / 2
=11.493 / 0.098*365 / 2
=21,402.78

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 21,402.78 mean?
Zhidao International (Holdings) (ZDAOF) has a Days Payable of 21,402.78 as of Sep. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zhidao International (Holdings) and its competitors.
Is Zhidao International (Holdings)'s Days Payable too high?
Zhidao International (Holdings)'s current Days Payable is 21,402.78. The Metals & Mining industry median Days Payable is 125.60. Zhidao International (Holdings)'s value of 21,402.78 is 16940.4% above this industry median. Overall, Zhidao International (Holdings) has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Zhidao International (Holdings)'s Days Payable compare to AA?
Zhidao International (Holdings)'s Days Payable of 21,402.78 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 125.60. Zhidao International (Holdings)'s value of 21,402.78 is 16940.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 125.60, based on 1,065 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zhidao International (Holdings)'s current Days Payable of 21,402.78 is 16940.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Zhidao International (Holdings) and its competitors. For the Metals & Mining industry, the median Days Payable is 125.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zhidao International (Holdings)'s current Days Payable is 21,402.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhidao International (Holdings) stock overvalued right now?
Zhidao International (Holdings) (ZDAOF) has a current Days Payable of 21,402.78. The current Days Payable is 21,402.78 and 16940.4% above the Metals & Mining industry median of 125.60. Zhidao International (Holdings)'s overall GF Score™ is 9/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Zhidao International (Holdings) (ZDAOF), the current Days Payable is 21,402.78 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zhidao International (Holdings) Business Description

Address 302-308 Hennessy Road, Room 2606, 26th Floor, C C Wu Building, Wan Chai, Hong Kong, HKG
Zhidao International (Holdings) Ltd trades and supplies aluminum products. Its segments include trading of aluminum products, construction projects, and money lending. The company generates maximum revenue from the construction projects segment. The construction projects segment includes a supply of aluminum products in construction projects and an extension to the provision of construction and engineering services. Geographically, it derives a majority of its revenue from Macau.
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