China Finance Investment Holdings (HKSE:00875) Days Payable : 127.45 (As of Dec. 2023)

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What is China Finance Investment Holdings Days Payable?

China Finance Investment Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$234 Mil. China Finance Investment Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$335 Mil. Hence, China Finance Investment Holdings's Days Payable for the six months ended in Dec. 2023 was 127.45.

The historical rank and industry rank for China Finance Investment Holdings's Days Payable or its related term are showing as below:

HKSE:00875' s Days Payable Range Over the Past 10 Years
Min: 41.47 Med: 136.42 Max: 334.45
Current: 56.62

During the past 13 years, China Finance Investment Holdings's highest Days Payable was 334.45. The lowest was 41.47. And the median was 136.42.

HKSE:00875's Days Payable is ranked better than
61.07% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 46.18 vs HKSE:00875: 56.62

China Finance Investment Holdings's Days Payable increased from Dec. 2022 (64.83) to Dec. 2023 (127.45). It may suggest that China Finance Investment Holdings delayed paying its suppliers.

China Finance Investment Holdings Days Payable Historical Data

The historical data trend for China Finance Investment 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.

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China Finance Investment Holdings Days Payable Chart

China Finance Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.70

133.56

204.62

116.69

60.87

China Finance Investment Holdings 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															303.33	201.34	64.83	31.41	127.45

Competitive Comparison of China Finance Investment Holdings's Days Payable

For the Farm Products subindustry, China Finance Investment 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.

China Finance Investment Holdings's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, China Finance Investment Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China Finance Investment Holdings's Days Payable falls into.

China Finance Investment 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.

China Finance Investment 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
=	( (180.524	+	284.341)	/	2 )	/	1393.805	*	365
=	232.4325					/	1393.805	*	365
=	60.87

China Finance Investment 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (183.824	+	284.341)	/	2 )	/	335.182	*	365 / 2
=	234.0825					/	335.182	*	365 / 2
=	127.45

China Finance Investment Holdings Days Payable Related Terms

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China Finance Investment Holdings (HKSE:00875) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Finance Investment Holdings Ltd (HKSE:00875) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Salisbury Road, Unit 32A, 15th Floor, Star House, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.cfih.hk

China Finance Investment Holdings Ltd is engaged in growing of agricultural produce, trading of agricultural and meat produce, poultry, seafood and prepared food in the PRC. The company has only one operating and reportable segment, being agricultural and meat business. The company earns majority of its revenue from the PRC.

Executives

Lin Yuhao	2101 Beneficial owner
Sino Richest Investment Holdings Limited
Hui Jia Investments Limited	2101 Beneficial owner
Chen Huifang	2201 Interest of corporation controlled by you

China Finance Investment Holdings (HKSE:00875) Headlines

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