Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Days Payable : 31.26 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Yue Yuen Industrial (Holdings) Days Payable?

Yue Yuen Industrial (Holdings)'s average Accounts Payable for the three months ended in Dec. 2023 was $476 Mil. Yue Yuen Industrial (Holdings)'s Cost of Goods Sold for the three months ended in Dec. 2023 was $1,388 Mil. Hence, Yue Yuen Industrial (Holdings)'s Days Payable for the three months ended in Dec. 2023 was 31.26.

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

YUEIY' s Days Payable Range Over the Past 10 Years
Min: 23.73 Med: 27.51 Max: 84.15
Current: 84.15

During the past 13 years, Yue Yuen Industrial (Holdings)'s highest Days Payable was 84.15. The lowest was 23.73. And the median was 27.51.

YUEIY's Days Payable is ranked better than
69.76% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs YUEIY: 84.15

Yue Yuen Industrial (Holdings)'s Days Payable declined from Sep. 2022 (65.55) to Dec. 2023 (31.26). It may suggest that Yue Yuen Industrial (Holdings) accelerated paying its suppliers.

Yue Yuen Industrial (Holdings) Days Payable Historical Data

The historical data trend for Yue Yuen Industrial (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.

* Premium members only.

Yue Yuen Industrial (Holdings) Days Payable Chart

Yue Yuen Industrial (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

23.71

30.28

35.08

28.72

27.61

Yue Yuen Industrial (Holdings) Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															65.55	25.64	-	66.89	31.26

Competitive Comparison of Yue Yuen Industrial (Holdings)'s Days Payable

For the Footwear & Accessories subindustry, Yue Yuen Industrial (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.

Yue Yuen Industrial (Holdings)'s Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Yue Yuen Industrial (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Yue Yuen Industrial (Holdings)'s Days Payable falls into.

Yue Yuen Industrial (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.

Yue Yuen Industrial (Holdings)'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
=	( (426.93	+	475.505)	/	2 )	/	5964.854	*	365
=	451.2175					/	5964.854	*	365
=	27.61

Yue Yuen Industrial (Holdings)'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
=	( (0	+	475.505)	/	1 )	/	1387.816	*	365 / 4
=	475.505					/	1387.816	*	365 / 4
=	31.26

Yue Yuen Industrial (Holdings) Days Payable Related Terms

Thank you for viewing the detailed overview of Yue Yuen Industrial (Holdings)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Yue Yuen Industrial (Holdings) Ltd (OTCPK:YUEIY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

YUEIF:USA 00551:Hong Kong YUE1:Germany

Address

108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.yueyuen.com

Yue Yuen Industrial (Holdings) Ltd is engaged in footwear businesses. The company operates in two reportable segments: Manufacturing Business and Retailing Business. Manufacturing Business contributes the majority of the revenue. Its products include athletic shoes, casual shoes, outdoor shoes, sports sandals, soles, components, and Apparel wholesale. The company operates in the United States, China, Europe, Asia, and Others.

Yue Yuen Industrial (Holdings) (Yue Yuen Industrial (Holdings)) Headlines

From GuruFocus

Brandes Investment Trust Comments on Yue Yuen

By Holly LaFon • 12-04-2015