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Dongfeng Motor Group Co (HKSE:00489) Days Payable : 193.21 (As of Dec. 2023)


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What is Dongfeng Motor Group Co Days Payable?

Dongfeng Motor Group Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$56,924 Mil. Dongfeng Motor Group Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$53,768 Mil. Hence, Dongfeng Motor Group Co's Days Payable for the six months ended in Dec. 2023 was 193.21.

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

HKSE:00489' s Days Payable Range Over the Past 10 Years
Min: 97.36   Med: 171.32   Max: 205.55
Current: 198.19

During the past 13 years, Dongfeng Motor Group Co's highest Days Payable was 205.55. The lowest was 97.36. And the median was 171.32.

HKSE:00489's Days Payable is ranked better than
91.49% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs HKSE:00489: 198.19

Dongfeng Motor Group Co's Days Payable increased from Dec. 2022 (163.69) to Dec. 2023 (193.21). It may suggest that Dongfeng Motor Group Co delayed paying its suppliers.


Dongfeng Motor Group Co Days Payable Historical Data

The historical data trend for Dongfeng Motor Group Co'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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Dongfeng Motor Group Co Days Payable Chart

Dongfeng Motor Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 176.06 200.66 192.98 205.55 200.54

Dongfeng Motor Group Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 257.00 203.46 163.69 201.61 193.21

Competitive Comparison of Dongfeng Motor Group Co's Days Payable

For the Auto Manufacturers subindustry, Dongfeng Motor Group Co'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.


Dongfeng Motor Group Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dongfeng Motor Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dongfeng Motor Group Co's Days Payable falls into.



Dongfeng Motor Group Co 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.

Dongfeng Motor Group Co'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
=( (46239.806 + 61750.381) / 2 ) / 98274.939*365
=53995.0935 / 98274.939*365
=200.54

Dongfeng Motor Group Co'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (52096.767 + 61750.381) / 2 ) / 53767.983*365 / 2
=56923.574 / 53767.983*365 / 2
=193.21

* 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.


Dongfeng Motor Group Co Days Payable Related Terms

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Dongfeng Motor Group Co (HKSE:00489) Business Description

Traded in Other Exchanges
Address
Special No. 1 Dongfeng Road, Wuhan Economic and Technology Development Zone, Hubei, Wuhan, CHN, 430056
Dongfeng Motor Group Co Ltd is engaged in vehicle manufacturing, covering other complete business systems relating to automobiles such as R&D of automobiles, parts and equipment manufacturing, automobile finance, automobile sales, and travel business. The company's segments include commercial vehicles, passenger vehicles, financing services, and corporate and others. The majority of its revenue is generated from the Passenger vehicles segment.
Executives
Reynolds Margaret (meg) 2201 Interest of corporation controlled by you
Ward Bryan 2201 Interest of corporation controlled by you
Westwood Global Investments, Llc 2102 Investment manager
Blackrock, Inc. 2201 Interest of corporation controlled by you
Dongfeng Motor Corporation 2101 Beneficial owner
Citigroup Inc. 2201 Interest of corporation controlled by you
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Invesco Asset Management Limited 2102 Investment manager
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you

Dongfeng Motor Group Co (HKSE:00489) Headlines

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