Luyuan Group Holding (Cayman) (HKSE:02451) Days Payable : 118.93 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Luyuan Group Holding (Cayman) Days Payable?

Luyuan Group Holding (Cayman)'s average Accounts Payable for the six months ended in Dec. 2023 was HK$1,569 Mil. Luyuan Group Holding (Cayman)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$4,815 Mil. Hence, Luyuan Group Holding (Cayman)'s Days Payable for the six months ended in Dec. 2023 was 59.46.

The historical rank and industry rank for Luyuan Group Holding (Cayman)'s Days Payable or its related term are showing as below:

HKSE:02451' s Days Payable Range Over the Past 10 Years
Min: 104.38 Med: 116.98 Max: 120.86
Current: 118.93

During the past 4 years, Luyuan Group Holding (Cayman)'s highest Days Payable was 120.86. The lowest was 104.38. And the median was 116.98.

HKSE:02451's Days Payable is ranked better than
78.54% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 66.48 vs HKSE:02451: 118.93

Luyuan Group Holding (Cayman)'s Days Payable increased from Dec. 2021 (104.38) to Dec. 2023 (118.93). It may suggest that Luyuan Group Holding (Cayman) delayed paying its suppliers.

Luyuan Group Holding (Cayman) Days Payable Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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.

* Premium members only.

Luyuan Group Holding (Cayman) Days Payable Chart

Luyuan Group Holding (Cayman) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

120.86

104.38

115.03

118.93

Luyuan Group Holding (Cayman) Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Days Payable	120.86	104.38	115.03	118.93

Competitive Comparison of Luyuan Group Holding (Cayman)'s Days Payable

For the Auto Manufacturers subindustry, Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman)'s Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Luyuan Group Holding (Cayman)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Luyuan Group Holding (Cayman)'s Days Payable falls into.

Luyuan Group Holding (Cayman) 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.

Luyuan Group Holding (Cayman)'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
=	( (1670.42	+	1467.04)	/	2 )	/	4814.533	*	365
=	1568.73					/	4814.533	*	365
=	118.93

Luyuan Group Holding (Cayman)'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1670.42	+	1467.04)	/	2 )	/	4814.533	*	365 / 2
=	1568.73					/	4814.533	*	365 / 2
=	59.46

Luyuan Group Holding (Cayman) Days Payable Related Terms

Thank you for viewing the detailed overview of Luyuan Group Holding (Cayman)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luyuan Group Holding (Cayman) Ltd (HKSE:02451) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN

Website

https://www.luyuan.cn

Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.

Executives

Dingman David Ross	2201 Interest of corporation controlled by you
Shipston Electric Vehicle Limited	2101 Beneficial owner
Shipston Evl Holdings Limited	2201 Interest of corporation controlled by you
Shipston Group Limited	2201 Interest of corporation controlled by you
Stonor Group Limited	2201 Interest of corporation controlled by you
Dingman David Ross	2201 Interest of corporation controlled by you
Hu Jihong	2201 Interest of corporation controlled by you
Ni Jie	2201 Interest of corporation controlled by you
Apex Marine Investments Limited	2101 Beneficial owner
Drago Investments Limited	2101 Beneficial owner

Luyuan Group Holding (Cayman) (HKSE:02451) Headlines

No Headlines