Health and Happiness (H&H) International Holdings (HKSE:01112) Days Payable : 63.50 (As of Dec. 2023)

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What is Health and Happiness (H&H) International Holdings Days Payable?

Health and Happiness (H&H) International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$1,109 Mil. Health and Happiness (H&H) International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$3,187 Mil. Hence, Health and Happiness (H&H) International Holdings's Days Payable for the six months ended in Dec. 2023 was 63.50.

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

HKSE:01112' s Days Payable Range Over the Past 10 Years
Min: 63.62 Med: 79.44 Max: 92.12
Current: 73.37

During the past 13 years, Health and Happiness (H&H) International Holdings's highest Days Payable was 92.12. The lowest was 63.62. And the median was 79.44.

HKSE:01112's Days Payable is ranked better than
72.6% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs HKSE:01112: 73.37

Health and Happiness (H&H) International Holdings's Days Payable declined from Dec. 2022 (70.60) to Dec. 2023 (63.50). It may suggest that Health and Happiness (H&H) International Holdings accelerated paying its suppliers.

Health and Happiness (H&H) International Holdings Days Payable Historical Data

The historical data trend for Health and Happiness (H&H) 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.

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Health and Happiness (H&H) International Holdings Days Payable Chart

Health and Happiness (H&H) International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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83.17

64.85

63.62

83.02

78.08

Health and Happiness (H&H) International 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															63.94	69.06	70.60	79.08	63.50

Competitive Comparison of Health and Happiness (H&H) International Holdings's Days Payable

For the Packaged Foods subindustry, Health and Happiness (H&H) 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.

Health and Happiness (H&H) International Holdings's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Health and Happiness (H&H) International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Health and Happiness (H&H) International Holdings's Days Payable falls into.

Health and Happiness (H&H) 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.

Health and Happiness (H&H) International 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
=	( (1497.481	+	1138.271)	/	2 )	/	6160.397	*	365
=	1317.876					/	6160.397	*	365
=	78.08

Health and Happiness (H&H) International 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
=	( (1079.437	+	1138.271)	/	2 )	/	3187.066	*	365 / 2
=	1108.854					/	3187.066	*	365 / 2
=	63.50

Health and Happiness (H&H) International Holdings Days Payable Related Terms

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Health and Happiness (H&H) International Holdings (HKSE:01112) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Health and Happiness (H&H) International Holdings Ltd (HKSE:01112) » Definitions » Days Payable

Traded in Other Exchanges

8BI:Germany

Address

18 Westlands Road, Suites 4007-09, 40th Floor, One Island East, Taikoo Place, Quarry Bay, Hong Kong, HKG

Website

https://www.hh.global

Health and Happiness (H&H) International Holdings Ltd manufactures and sells premium pediatric nutrition and baby-care products. The company has core business segments namely Infant formulas; Probiotic supplements; Adult nutrition and care products; Other pediatric products & Pet nutrition and care products. It generates maximum revenue from the Infant formulas segment. The Infant formulas segment comprises the production of infant formulas for children under seven years old and milk formulas for expectant and nursing mothers. Geographically, the majority is from Mainland China.

Health and Happiness (H&H) International Holdings (HKSE:01112) Headlines

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