Goldlion Holdings (Goldlion Holdings) Days Payable : 18.77 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Goldlion Holdings Days Payable?

Goldlion Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $4.0 Mil. Goldlion Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $38.5 Mil. Hence, Goldlion Holdings's Days Payable for the six months ended in Dec. 2023 was 18.77.

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

GLLHF' s Days Payable Range Over the Past 10 Years
Min: 17.11 Med: 26.9 Max: 33.13
Current: 23.19

During the past 13 years, Goldlion Holdings's highest Days Payable was 33.13. The lowest was 17.11. And the median was 26.90.

GLLHF's Days Payable is ranked worse than
82.43% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.6 vs GLLHF: 23.19

Goldlion Holdings's Days Payable increased from Dec. 2022 (16.96) to Dec. 2023 (18.77). It may suggest that Goldlion Holdings delayed paying its suppliers.

Goldlion Holdings Days Payable Historical Data

The historical data trend for Goldlion 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.

* Premium members only.

Goldlion Holdings Days Payable Chart

Goldlion Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.85

26.57

26.77

27.06

26.12

Goldlion Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															19.36	27.80	16.96	25.12	18.77

Competitive Comparison of Goldlion Holdings's Days Payable

For the Apparel Manufacturing subindustry, Goldlion 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.

Goldlion Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Goldlion 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.

Goldlion Holdings'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
=	( (6.069	+	4.431)	/	2 )	/	73.362	*	365
=	5.25					/	73.362	*	365
=	26.12

Goldlion Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.494	+	4.431)	/	2 )	/	38.52	*	365 / 2
=	3.9625					/	38.52	*	365 / 2
=	18.77

Goldlion Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Goldlion Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Goldlion Holdings (Goldlion Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Goldlion Holdings Ltd (OTCPK:GLLHF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00533:Hong Kong

Address

7th Floor, Goldlion Holdings Centre, 13-15 Yuen Shun Circuit, Siu Lek Yuenv, Shatin, New Territories, Hong Kong, HKG

Website

https://www.goldlion.com

Goldlion Holdings Ltd through its subsidiaries is engaged in the distribution and manufacturing of garments, leather goods, and accessories in China, Hong Kong, Singapore, and Malaysia. It has three reportable segments: Apparel in China Mainland and Hong Kong SAR - Distribution and Manufacturing of Garments, leather goods and accessories and licensing of brand name in China Mainland and Hong Kong SAR; Apparel in Singapore - Distribution and manufacturing of garments, leather goods and accessories in Singapore; and Property investment and development - Investment in and development of properties in China Mainland and Hong Kong SAR and Singapore.

Goldlion Holdings (Goldlion Holdings) Headlines

From GuruFocus

11 New Foreign, Micro Stocks of Donald Yacktman

By Holly LaFon Holly LaFon • 02-03-2014