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Ziyuanyuan Holdings Group (HKSE:08223) Days Payable : 682.46 (As of Dec. 2023)


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What is Ziyuanyuan Holdings Group Days Payable?

Ziyuanyuan Holdings Group's average Accounts Payable for the three months ended in Dec. 2023 was HK$65.7 Mil. Ziyuanyuan Holdings Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$8.8 Mil. Hence, Ziyuanyuan Holdings Group's Days Payable for the three months ended in Dec. 2023 was 682.46.

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

HKSE:08223' s Days Payable Range Over the Past 10 Years
Min: 469.46   Med: 490.39   Max: 490.39
Current: 469.46

During the past 9 years, Ziyuanyuan Holdings Group's highest Days Payable was 490.39. The lowest was 469.46. And the median was 490.39.

HKSE:08223's Days Payable is ranked better than
86.57% of 283 companies
in the Credit Services industry
Industry Median: 48.78 vs HKSE:08223: 469.46

Ziyuanyuan Holdings Group's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (682.46). It may suggest that Ziyuanyuan Holdings Group delayed paying its suppliers.


Ziyuanyuan Holdings Group Days Payable Historical Data

The historical data trend for Ziyuanyuan 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.

* Premium members only.

Ziyuanyuan Holdings Group Days Payable Chart

Ziyuanyuan Holdings Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only - - - - 490.39

Ziyuanyuan Holdings Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 682.46

Competitive Comparison of Ziyuanyuan Holdings Group's Days Payable

For the Credit Services subindustry, Ziyuanyuan 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.


Ziyuanyuan Holdings Group's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ziyuanyuan Holdings Group's Days Payable distribution charts can be found below:

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



Ziyuanyuan 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.

Ziyuanyuan 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
=( (0 + 65.748) / 1 ) / 48.937*365
=65.748 / 48.937*365
=490.39

Ziyuanyuan 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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0 + 65.748) / 1 ) / 8.791*365 / 4
=65.748 / 8.791*365 / 4
=682.46

* 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.


Ziyuanyuan Holdings Group Days Payable Related Terms

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Ziyuanyuan Holdings Group (HKSE:08223) Business Description

Traded in Other Exchanges
N/A
Address
No. 198 Daxin Road, 10th Floor, Block A, Majialong Innovation Building, Nanshan District, Shenzhen, CHN
Ziyuanyuan Holdings Group Ltd is principally engaged in the provision of medical equipment finance leasing services and maternal and child postpartum care industry services in the PRC. The segments of the group are Finance leasing, Postpartum care service and Trading of medical equipment and consumables. Geographically, it derives revenue from the PRC.
Executives
Hero Global Limited 2101 Beneficial owner
Icon Global Holding Limited 2401 A concert party to an agreement to buy shares
Tang Yiping 2202 Interest of your spouse
Zhang Junshen 2201 Interest of corporation controlled by you
Zhang Junwei 2401 A concert party to an agreement to buy shares

Ziyuanyuan Holdings Group (HKSE:08223) Headlines

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