Hisense Home Appliances Group Co (SZSE:000921) Days Payable : 136.35 (As of Mar. 2024)

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What is Hisense Home Appliances Group Co Days Payable?

Hisense Home Appliances Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥27,505 Mil. Hisense Home Appliances Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥18,406 Mil. Hence, Hisense Home Appliances Group Co's Days Payable for the three months ended in Mar. 2024 was 136.35.

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

SZSE:000921' s Days Payable Range Over the Past 10 Years
Min: 86.63 Med: 136.2 Max: 153.65
Current: 132.93

During the past 13 years, Hisense Home Appliances Group Co's highest Days Payable was 153.65. The lowest was 86.63. And the median was 136.20.

SZSE:000921's Days Payable is ranked better than
82.76% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.03 vs SZSE:000921: 132.93

Hisense Home Appliances Group Co's Days Payable increased from Mar. 2023 (129.68) to Mar. 2024 (136.35). It may suggest that Hisense Home Appliances Group Co delayed paying its suppliers.

Hisense Home Appliances Group Co Days Payable Historical Data

The historical data trend for Hisense Home Appliances 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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Hisense Home Appliances Group Co Days Payable Chart

Hisense Home Appliances Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

140.75

153.65

139.14

137.64

130.52

Hisense Home Appliances 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															129.68	116.42	134.03	146.54	136.35

Competitive Comparison of Hisense Home Appliances Group Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Hisense Home Appliances 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.

Hisense Home Appliances Group Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Hisense Home Appliances Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hisense Home Appliances Group Co's Days Payable falls into.

Hisense Home Appliances 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.

Hisense Home Appliances 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
=	( (21039.938	+	26658.307)	/	2 )	/	66696.116	*	365
=	23849.1225					/	66696.116	*	365
=	130.52

Hisense Home Appliances 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
=	( (26658.307	+	28350.7)	/	2 )	/	18406.345	*	365 / 4
=	27504.5035					/	18406.345	*	365 / 4
=	136.35

Hisense Home Appliances Group Co Days Payable Related Terms

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Hisense Home Appliances Group Co (SZSE:000921) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Hisense Home Appliances Group Co Ltd (SZSE:000921) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HISEF:USA 00921:Hong Kong GKE:Germany

Address

No. 8 Ronggang Road, Ronggui Street, Shunde District, Guangdong Province, Foshan, CHN, 528303

Website

https://hxjd.hisense.cn

Hisense Home Appliances Group Co Ltd is a manufacturer of white household electrical appliances in the People's Republic of China, with eight brand names, namely Hisense, Ronshen, KELON, HITACHI, YORK, Gorenje, ASKO, and SANDEN. The company produces electrical appliances like refrigerators, air-conditioners, freezers, washing machines, and Kitchen electrical appliances. The businesses of the Company are set out as follows: HVAC Business Work; Refrigerator and Washing Machine Business Work; Automotive Air Conditioner Compressor and Integrated Thermal Management System Business Work; Smart Home Business Work; Overseas Markets for Home Appliances Business Work and Implementing the Manufacturing Work. The majority of the company's revenue is generated from the domestic market.

Executives

Tang Ye Guo	Directors, executives
Fan Wei	Supervisors
Dai Hui Zhong	Director
Jia Shao Qian	Directors, executives
Wang Zhi Gang	Executives
Xiao Jian Lin	Directors, executives
Wang Jiu Cun	Executives

Hisense Home Appliances Group Co (SZSE:000921) Headlines

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