Zhidao International (Holdings) (HKSE:01220) Days Payable : 105.67 (As of Sep. 2023)

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What is Zhidao International (Holdings) Days Payable?

Zhidao International (Holdings)'s average Accounts Payable for the six months ended in Sep. 2023 was HK$96.3 Mil. Zhidao International (Holdings)'s Cost of Goods Sold for the six months ended in Sep. 2023 was HK$166.2 Mil. Hence, Zhidao International (Holdings)'s Days Payable for the six months ended in Sep. 2023 was 105.67.

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

HKSE:01220' s Days Payable Range Over the Past 10 Years
Min: 0.47 Med: 55.46 Max: 277.19
Current: 80.75

During the past 13 years, Zhidao International (Holdings)'s highest Days Payable was 277.19. The lowest was 0.47. And the median was 55.46.

HKSE:01220's Days Payable is ranked worse than
60.32% of 1066 companies
in the Metals & Mining industry
Industry Median: 138.105 vs HKSE:01220: 80.75

Zhidao International (Holdings)'s Days Payable declined from Sep. 2022 (126.38) to Sep. 2023 (105.67). It may suggest that Zhidao International (Holdings) accelerated paying its suppliers.

Zhidao International (Holdings) Days Payable Historical Data

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.

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Zhidao International (Holdings) Days Payable Chart

Zhidao International (Holdings) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

79.03

117.79

277.19

54.78

56.13

Zhidao International (Holdings) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															43.81	79.36	126.38	37.64	105.67

Competitive Comparison of Zhidao International (Holdings)'s Days Payable

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)'s Days Payable Distribution in the 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.

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. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (28.908	+	38.458)	/	2 )	/	219.039	*	365
=	33.683					/	219.039	*	365
=	56.13

Zhidao International (Holdings)'s Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (38.458	+	154.054)	/	2 )	/	166.241	*	365 / 2
=	96.256					/	166.241	*	365 / 2
=	105.67

Zhidao International (Holdings) Days Payable Related Terms

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Zhidao International (Holdings) (HKSE:01220) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zhidao International (Holdings) Ltd (HKSE:01220) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

302-308 Hennessy Road, Room 2606, 26th Floor, C C Wu Building, Wan Chai, Hong Kong, HKG

Website

http://www.zdihl.com

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.

Executives

Kwok Tao Capital Investment Limited	2201 Interest of corporation controlled by you
Xu Jiao	2201 Interest of corporation controlled by you

Zhidao International (Holdings) (HKSE:01220) Headlines

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