Guangdong Haid Group Co (SZSE:002311) Days Payable : 42.94 (As of Mar. 2024)

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What is Guangdong Haid Group Co Days Payable?

Guangdong Haid Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥9,731 Mil. Guangdong Haid Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥20,681 Mil. Hence, Guangdong Haid Group Co's Days Payable for the three months ended in Mar. 2024 was 42.94.

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

SZSE:002311' s Days Payable Range Over the Past 10 Years
Min: 11.78 Med: 14.24 Max: 35.36
Current: 35.36

During the past 13 years, Guangdong Haid Group Co's highest Days Payable was 35.36. The lowest was 11.78. And the median was 14.24.

SZSE:002311's Days Payable is ranked worse than
63.49% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 45.64 vs SZSE:002311: 35.36

Guangdong Haid Group Co's Days Payable increased from Mar. 2023 (34.72) to Mar. 2024 (42.94). It may suggest that Guangdong Haid Group Co delayed paying its suppliers.

Guangdong Haid Group Co Days Payable Historical Data

The historical data trend for Guangdong Haid Group Co'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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Guangdong Haid Group Co Days Payable Chart

Guangdong Haid Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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14.82

13.62

15.10

25.55

33.46

Guangdong Haid Group Co 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															34.72	31.35	35.34	40.66	42.94

Competitive Comparison of Guangdong Haid Group Co's Days Payable

For the Packaged Foods subindustry, Guangdong Haid Group Co'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.

Guangdong Haid Group Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guangdong Haid Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Haid Group Co's Days Payable falls into.

Guangdong Haid Group Co 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.

Guangdong Haid Group Co'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
=	( (8843.388	+	10640.909)	/	2 )	/	106280.619	*	365
=	9742.1485					/	106280.619	*	365
=	33.46

Guangdong Haid Group Co'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
=	( (10640.909	+	8821.365)	/	2 )	/	20680.612	*	365 / 4
=	9731.137					/	20680.612	*	365 / 4
=	42.94

Guangdong Haid Group Co Days Payable Related Terms

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Guangdong Haid Group Co (SZSE:002311) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guangdong Haid Group Co Ltd (SZSE:002311) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Haid Mansion, No. 42, Road 4, Room 701, Building 2, Panyu District, Wangbo, Nancun Town, Guangzhou, CHN, 511445

Website

https://www.haid.com.cn

Guangdong Haid Group Co Ltd is a China-based company. It is engaged in the production and sale of aquatic, livestock, poultry foodstuffs, animal healthcare products, and seedling. Geographically, it derives a majority of revenue from Southern China and also has a presence in Eastern China, Northern China, Central China, and Overseas.

Guangdong Haid Group Co (SZSE:002311) Headlines

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