8I Holdings (ASX:8IH) Days Payable : 0.00 (As of Sep. 2023)

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What is 8I Holdings Days Payable?

8I Holdings's average Accounts Payable for the six months ended in Sep. 2023 was A$0.27 Mil. 8I Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was A$0.00 Mil.

The historical rank and industry rank for 8I Holdings's Days Payable or its related term are showing as below:

ASX:8IH' s Days Payable Range Over the Past 10 Years
Min: 27.79 Med: 154.54 Max: 1653.24
Current: 124.96

During the past 8 years, 8I Holdings's highest Days Payable was 1653.24. The lowest was 27.79. And the median was 154.54.

ASX:8IH's Days Payable is ranked better than
81.22% of 213 companies
in the Education industry
Industry Median: 37.29 vs ASX:8IH: 124.96

8I Holdings's Days Payable declined from Sep. 2022 (89.98) to Sep. 2023 (0.00). It may suggest that 8I Holdings accelerated paying its suppliers.

8I Holdings Days Payable Historical Data

The historical data trend for 8I 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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8I Holdings Days Payable Chart

8I Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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249.01

1,653.24

27.79

8I Holdings Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial												88.73	-	89.98	86.85	-

Competitive Comparison of 8I Holdings's Days Payable

For the Education & Training Services subindustry, 8I 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.

8I Holdings's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 8I Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where 8I Holdings's Days Payable falls into.

8I 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.

8I Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1.234	+	0.225)	/	2 )	/	9.582	*	365
=	0.7295					/	9.582	*	365
=	27.79

8I Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.225	+	0.317)	/	2 )	/	0	*	365 / 2
=	0.271					/	0	*	365 / 2
=	N/A

8I Holdings Days Payable Related Terms

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8I Holdings (ASX:8IH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 8I Holdings Ltd (ASX:8IH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1557 Keppel Road, No. 01-01, Singapore, SGP, 089066

Website

https://www.8iholdings.com

8I Holdings Ltd is an investment holding company. The company's operating segments include Financial Education; Financial Investment and Others. The Financial Education segment is involved in providing financial education in the discipline of value investing and supporting a community of value investors from 29 cities globally under the VI brand. It generates maximum revenue from the Financial Education segment. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia and Other countries.

8I Holdings (ASX:8IH) Headlines

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