Feiyang International Holdings Group (HKSE:01901) Days Payable : 570.15 (As of Dec. 2023)

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What is Feiyang International Holdings Group Days Payable?

Feiyang International Holdings Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$109.9 Mil. Feiyang International Holdings Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$35.2 Mil. Hence, Feiyang International Holdings Group's Days Payable for the six months ended in Dec. 2023 was 570.15.

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

HKSE:01901' s Days Payable Range Over the Past 10 Years
Min: 25.85 Med: 48.08 Max: 89.16
Current: 55.47

During the past 8 years, Feiyang International Holdings Group's highest Days Payable was 89.16. The lowest was 25.85. And the median was 48.08.

HKSE:01901's Days Payable is ranked worse than
51.65% of 759 companies
in the Travel & Leisure industry
Industry Median: 59.8 vs HKSE:01901: 55.47

Feiyang International Holdings Group's Days Payable increased from Dec. 2022 (38.02) to Dec. 2023 (570.15). It may suggest that Feiyang International Holdings Group delayed paying its suppliers.

Feiyang International Holdings Group Days Payable Historical Data

The historical data trend for Feiyang International Holdings Group'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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Feiyang International Holdings Group Days Payable Chart

Feiyang International Holdings Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.85

81.74

65.24

89.16

59.95

Feiyang International Holdings Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									102.01	415.91	38.02	16.09	570.15

Competitive Comparison of Feiyang International Holdings Group's Days Payable

For the Travel Services subindustry, Feiyang International Holdings Group'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.

Feiyang International Holdings Group's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Feiyang International Holdings Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Feiyang International Holdings Group's Days Payable falls into.

Feiyang International Holdings Group 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.

Feiyang International Holdings Group'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
=	( (19.444	+	152.998)	/	2 )	/	524.981	*	365
=	86.221					/	524.981	*	365
=	59.95

Feiyang International Holdings Group'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
=	( (66.901	+	152.998)	/	2 )	/	35.194	*	365 / 2
=	109.9495					/	35.194	*	365 / 2
=	570.15

Feiyang International Holdings Group Days Payable Related Terms

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Feiyang International Holdings Group (HKSE:01901) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Feiyang International Holdings Group Ltd (HKSE:01901) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

(1-140) 30 Dashani Street, Haishu District, Zhejiang, Ningbo, CHN

Website

https://www.iflying.com

Feiyang International Holdings Group Ltd is a travel service provider. It is principally engaged in the design, development and sales of outbound travel package tours; the design, development and sales of FIT Products; and the provision of other ancillary travel-related products and services. The company derives maximum revenue from Sales of package tours. Geographically, it generates a majority of revenue from China.

Executives

He Binfeng	2101 Beneficial owner
Qian Jie	2202 Interest of your spouse
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Qian Jie	2202 Interest of your spouse

Feiyang International Holdings Group (HKSE:01901) Headlines

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