Weilong Delicious Global Holdings (HKSE:09985) Days Payable : 18.29 (As of Dec. 2023)

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What is Weilong Delicious Global Holdings Days Payable?

Weilong Delicious Global Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$146 Mil. Weilong Delicious Global Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,452 Mil. Hence, Weilong Delicious Global Holdings's Days Payable for the six months ended in Dec. 2023 was 18.29.

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

HKSE:09985' s Days Payable Range Over the Past 10 Years
Min: 21.83 Med: 59.93 Max: 68.77
Current: 21.83

During the past 5 years, Weilong Delicious Global Holdings's highest Days Payable was 68.77. The lowest was 21.83. And the median was 59.93.

HKSE:09985's Days Payable is ranked worse than
83.5% of 1788 companies
in the Consumer Packaged Goods industry
Industry Median: 45.795 vs HKSE:09985: 21.83

Weilong Delicious Global Holdings's Days Payable declined from Dec. 2022 (51.51) to Dec. 2023 (18.29). It may suggest that Weilong Delicious Global Holdings accelerated paying its suppliers.

Weilong Delicious Global Holdings Days Payable Historical Data

The historical data trend for Weilong Delicious Global 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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Weilong Delicious Global Holdings Days Payable Chart

Weilong Delicious Global Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

68.77

59.93

63.19

57.25

25.48

Weilong Delicious Global Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			69.74	73.50	51.51	21.86	18.29

Competitive Comparison of Weilong Delicious Global Holdings's Days Payable

For the Packaged Foods subindustry, Weilong Delicious Global 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.

Weilong Delicious Global Holdings's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Weilong Delicious Global Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Weilong Delicious Global Holdings's Days Payable falls into.

Weilong Delicious Global 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.

Weilong Delicious Global 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
=	( (209.107	+	180.176)	/	2 )	/	2788.023	*	365
=	194.6415					/	2788.023	*	365
=	25.48

Weilong Delicious Global 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
=	( (110.907	+	180.176)	/	2 )	/	1452.436	*	365 / 2
=	145.5415					/	1452.436	*	365 / 2
=	18.29

Weilong Delicious Global Holdings Days Payable Related Terms

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Weilong Delicious Global Holdings (HKSE:09985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Weilong Delicious Global Holdings Ltd (HKSE:09985) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Intersection of Dongfanghong Road and Zhongshan Road, Southwest Corner, Shaoling District, Henan, Luohe, CHN

Website

https://www.weilongshipin.com

Weilong Delicious Global Holdings Ltd is principally engaged in the production and sale of spicy snack food. The group is organized into business units based on the products and has three reportable operating segments namely, Seasoned flour products, comprising Big Latiao, Mini Latiao, Spicy Hot Stick, Mini Hot Stick and Kiss Burn; Vegetable products, comprising Konjac Shuang and Fengchi Kelp and Bean-based and other products, comprising Soft Tofu Skin, 78 Braised egg and meat products. Majority of the company's revenue is derived from Seasoned flour products and the business activities are conducted in China.

Weilong Delicious Global Holdings (HKSE:09985) Headlines

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