OneForce Holdings (HKSE:01933) Days Payable : 114.04 (As of Sep. 2023)

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What is OneForce Holdings Days Payable?

OneForce Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$142.6 Mil. OneForce Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$228.2 Mil. Hence, OneForce Holdings's Days Payable for the six months ended in Sep. 2023 was 114.04.

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

HKSE:01933' s Days Payable Range Over the Past 10 Years
Min: 21.05 Med: 38.16 Max: 123.27
Current: 95.15

During the past 9 years, OneForce Holdings's highest Days Payable was 123.27. The lowest was 21.05. And the median was 38.16.

HKSE:01933's Days Payable is ranked better than
67.91% of 2527 companies
in the Software industry
Industry Median: 49.58 vs HKSE:01933: 95.15

OneForce Holdings's Days Payable increased from Sep. 2022 (110.93) to Sep. 2023 (114.04). It may suggest that OneForce Holdings delayed paying its suppliers.

OneForce Holdings Days Payable Historical Data

The historical data trend for OneForce 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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OneForce Holdings Days Payable Chart

OneForce Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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36.99

39.97

69.52

101.57

123.27

OneForce Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial											102.38	101.35	110.93	90.08	114.04

Competitive Comparison of OneForce Holdings's Days Payable

For the Software - Application subindustry, OneForce 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.

OneForce Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, OneForce Holdings's Days Payable distribution charts can be found below:

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

OneForce 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.

OneForce 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
=	( (117.414	+	155.68)	/	2 )	/	404.322	*	365
=	136.547					/	404.322	*	365
=	123.27

OneForce 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
=	( (155.68	+	129.456)	/	2 )	/	228.159	*	365 / 2
=	142.568					/	228.159	*	365 / 2
=	114.04

OneForce Holdings Days Payable Related Terms

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OneForce Holdings (HKSE:01933) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneForce Holdings Ltd (HKSE:01933) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, 3rd Shang Di Street, 9th Floor, Tower E, Jia Hua Mansion, Haidian District, Beijing, CHN

Website

http://www.oneforce.com.hk

OneForce Holdings Ltd is engaged in the design, implementation, enhancement, and upgrades of software systems and the provision of technical services and hardware for the power grid and distribution companies in the People's Republic of China. Its operating segment includes Software and solutions; Technical Services and Products. The company generates maximum revenue from the Technical services segment. Geographically, it operates in China.

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OneForce Holdings (HKSE:01933) Headlines

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