Hla Group (SHSE:600398) Days Payable : 270.03 (As of Mar. 2024)

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What is Hla Group Days Payable?

Hla Group's average Accounts Payable for the three months ended in Mar. 2024 was ¥9,744 Mil. Hla Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥3,293 Mil. Hence, Hla Group's Days Payable for the three months ended in Mar. 2024 was 270.03.

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

SHSE:600398' s Days Payable Range Over the Past 10 Years
Min: 216.07 Med: 279.86 Max: 335.19
Current: 270.03

During the past 13 years, Hla Group's highest Days Payable was 335.19. The lowest was 216.07. And the median was 279.86.

SHSE:600398's Days Payable is ranked better than
94.83% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs SHSE:600398: 270.03

Hla Group's Days Payable increased from Mar. 2023 (260.28) to Mar. 2024 (270.03). It may suggest that Hla Group delayed paying its suppliers.

Hla Group Days Payable Historical Data

The historical data trend for Hla 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.

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Hla Group Days Payable Chart

Hla Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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216.07

239.56

232.67

306.13

299.55

Hla Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															260.28	258.77	313.48	249.33	270.03

Competitive Comparison of Hla Group's Days Payable

For the Apparel Manufacturing subindustry, Hla 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.

Hla Group's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hla Group's Days Payable distribution charts can be found below:

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

Hla 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.

Hla 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
=	( (9536.405	+	10084.876)	/	2 )	/	11954.406	*	365
=	9810.6405					/	11954.406	*	365
=	299.55

Hla Group's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (10084.876	+	9403.611)	/	2 )	/	3292.788	*	365 / 4
=	9744.2435					/	3292.788	*	365 / 4
=	270.03

Hla Group Days Payable Related Terms

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Hla Group (SHSE:600398) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hla Group Corp Ltd (SHSE:600398) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Heilan Industrial Park, Xinqiao Town, Jiangsu Province, Jiangyin, CHN, 214426

Website

http://www.hla.com

Hla Group Corp Ltd is a Chinese clothing company. Its businesses include the operation of brand clothes, the production, and sales of upscale suits and professional clothing. Its brand clothing management includes brand management, supply chain management, and marketing network management. The company has clothing brands such as Heilan Home, Eichitoo, and Sancanal. The company offers men's clothing, women's clothing, and accessories.

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