Weili Holdings (HKSE:02372) Days Payable : 160.44 (As of Dec. 2023)

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What is Weili Holdings Days Payable?

Weili Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$110.5 Mil. Weili Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$125.7 Mil. Hence, Weili Holdings's Days Payable for the six months ended in Dec. 2023 was 160.44.

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

HKSE:02372' s Days Payable Range Over the Past 10 Years
Min: 172.41 Med: 204.36 Max: 236.34
Current: 202.9

During the past 5 years, Weili Holdings's highest Days Payable was 236.34. The lowest was 172.41. And the median was 204.36.

HKSE:02372's Days Payable is ranked better than
86% of 50 companies
in the Tobacco Products industry
Industry Median: 59.225 vs HKSE:02372: 202.90

Weili Holdings's Days Payable declined from Dec. 2022 (274.53) to Dec. 2023 (160.44). It may suggest that Weili Holdings accelerated paying its suppliers.

Weili Holdings Days Payable Historical Data

The historical data trend for Weili 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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Weili Holdings Days Payable Chart

Weili Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

209.45

236.34

190.73

172.41

204.36

Weili Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			165.50	158.62	274.53	284.25	160.44

Competitive Comparison of Weili Holdings's Days Payable

For the Tobacco subindustry, Weili 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.

Weili Holdings's Days Payable Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Weili Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Weili Holdings's Days Payable falls into.

Weili 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.

Weili 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
=	( (95.193	+	117.119)	/	2 )	/	189.604	*	365
=	106.156					/	189.604	*	365
=	204.36

Weili 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
=	( (103.886	+	117.119)	/	2 )	/	125.695	*	365 / 2
=	110.5025					/	125.695	*	365 / 2
=	160.44

Weili Holdings Days Payable Related Terms

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Weili Holdings (HKSE:02372) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Weili Holdings Ltd (HKSE:02372) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Industrial Park, Hong’an County, Hubei Province, Mi’ersi Town, CHN

Website

http://www.weiliholdings.com

Weili Holdings Ltd is a cigarette wrapping paper manufacturer in China with research and development capabilities to supply customized products to customers. The company mainly supply products to cigarette packaging manufacturers operating in various provinces in China, mainly including Hubei and Henan. The products sold by the company are used in the manufacture of cigarette packaging for well-known tobacco brands in China.

Executives

Chen Weizhuang	2201 Interest of corporation controlled by you
City Ease Limited	2101 Beneficial owner
Liu Yuezhu	2202 Interest of your spouse
Enlighten East Limited	2101 Beneficial owner
Yong Ning Limited	2101 Beneficial owner
Yu Tianbing	2201 Interest of corporation controlled by you
Zhou Huaqin	2202 Interest of your spouse

Weili Holdings (HKSE:02372) Headlines

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