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HQDA Elderly Life Network (HQDA Elderly Life Network) Days Payable : 109.41 (As of Mar. 2022)


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What is HQDA Elderly Life Network Days Payable?

HQDA Elderly Life Network's average Accounts Payable for the three months ended in Mar. 2022 was $0.12 Mil. HQDA Elderly Life Network's Cost of Goods Sold for the three months ended in Mar. 2022 was $0.10 Mil. Hence, HQDA Elderly Life Network's Days Payable for the three months ended in Mar. 2022 was 109.41.

The historical rank and industry rank for HQDA Elderly Life Network's Days Payable or its related term are showing as below:

HQDA's Days Payable is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 62.11
* Ranked among companies with meaningful Days Payable only.

HQDA Elderly Life Network's Days Payable declined from Mar. 2021 (329.51) to Mar. 2022 (109.41). It may suggest that HQDA Elderly Life Network accelerated paying its suppliers.


HQDA Elderly Life Network Days Payable Historical Data

The historical data trend for HQDA Elderly Life Network'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.

HQDA Elderly Life Network Days Payable Chart

HQDA Elderly Life Network Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 140.15 249.24 171.97

HQDA Elderly Life Network Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 329.51 276.90 429.21 391.07 109.41

Competitive Comparison of HQDA Elderly Life Network's Days Payable

For the Medical Care Facilities subindustry, HQDA Elderly Life Network'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.


HQDA Elderly Life Network's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HQDA Elderly Life Network's Days Payable distribution charts can be found below:

* The bar in red indicates where HQDA Elderly Life Network's Days Payable falls into.



HQDA Elderly Life Network 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.

HQDA Elderly Life Network's Days Payable for the fiscal year that ended in Jun. 2021 is calculated as

Days Payable (A: Jun. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2020 ) + Accounts Payable (A: Jun. 2021 )) / count ) / Cost of Goods Sold (A: Jun. 2021 )*Days in Period
=( (0.052 + 0.095) / 2 ) / 0.156*365
=0.0735 / 0.156*365
=171.97

HQDA Elderly Life Network's Days Payable for the quarter that ended in Mar. 2022 is calculated as:

Days Payable (Q: Mar. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2021 ) + Accounts Payable (Q: Mar. 2022 )) / count ) / Cost of Goods Sold (Q: Mar. 2022 )*Days in Period
=( (0.141 + 0.106) / 2 ) / 0.103*365 / 4
=0.1235 / 0.103*365 / 4
=109.41

* 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.


HQDA Elderly Life Network Days Payable Related Terms

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HQDA Elderly Life Network (HQDA Elderly Life Network) Business Description

Traded in Other Exchanges
N/A
Address
8780 Valley Boulevard, Suite J, Rosemead, CA, USA, 91770
HQDA Elderly Life Network Corp is engaged in providing seniors living residences with a supportive, home life setting with care and services, including activities of daily living, life enrichment, and health and wellness in certain cities in China. The company also operates a network carrier, providing scheduled air transportation to passengers, and travel destination services to leisure travelers. It operates in a single segment being senior housing and retirement services.
Executives
Ann-marie Cederholm director, officer: CFO 102-137 EAST 1ST STREET, NORTH VANCOUVER A1 V7L 1B2
Timothy A Coupland director, 10 percent owner, officer: CEO 1090 SHAMAN CRES, DELTA A1 V4M 2L7
Brian David Game director 3140 RICHMOND STREET, RICHMOND A1 V7E 2V6

HQDA Elderly Life Network (HQDA Elderly Life Network) Headlines