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QPL International Holdings (HKSE:00243) Days Payable : 40.70 (As of Oct. 2023)


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What is QPL International Holdings Days Payable?

QPL International Holdings's average Accounts Payable for the six months ended in Oct. 2023 was HK$13.2 Mil. QPL International Holdings's Cost of Goods Sold for the six months ended in Oct. 2023 was HK$59.1 Mil. Hence, QPL International Holdings's Days Payable for the six months ended in Oct. 2023 was 40.70.

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

HKSE:00243' s Days Payable Range Over the Past 10 Years
Min: 36.88   Med: 66.34   Max: 97.37
Current: 36.88

During the past 13 years, QPL International Holdings's highest Days Payable was 97.37. The lowest was 36.88. And the median was 66.34.

HKSE:00243's Days Payable is ranked worse than
67.98% of 965 companies
in the Semiconductors industry
Industry Median: 51.8 vs HKSE:00243: 36.88

QPL International Holdings's Days Payable declined from Oct. 2022 (52.36) to Oct. 2023 (40.70). It may suggest that QPL International Holdings accelerated paying its suppliers.


QPL International Holdings Days Payable Historical Data

The historical data trend for QPL International 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.

QPL International Holdings Days Payable Chart

QPL International Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.96 56.18 63.71 51.92 60.74

QPL International Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.55 54.25 52.36 35.66 40.70

Competitive Comparison of QPL International Holdings's Days Payable

For the Semiconductors subindustry, QPL International 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.


QPL International Holdings's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, QPL International Holdings's Days Payable distribution charts can be found below:

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



QPL International 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.

QPL International Holdings's Days Payable for the fiscal year that ended in Apr. 2023 is calculated as

Days Payable (A: Apr. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Apr. 2022 ) + Accounts Payable (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (36.862 + 14.45) / 2 ) / 154.16*365
=25.656 / 154.16*365
=60.74

QPL International Holdings's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

Days Payable (Q: Oct. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Apr. 2023 ) + Accounts Payable (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (14.45 + 11.927) / 2 ) / 59.136*365 / 2
=13.1885 / 59.136*365 / 2
=40.70

* 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.


QPL International Holdings Days Payable Related Terms

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QPL International Holdings (HKSE:00243) Business Description

Traded in Other Exchanges
N/A
Address
22-28 Tai Chung Road, 8th Floor, Hale Weal Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
QPL International Holdings Ltd is engaged in the business of manufacturing and sale of integrated circuit lead frames, heatsinks, stiffners, and related products. The company derives the majority of its revenue from Malaysia, followed by the China. Some of the products of the company are small outline integrated circuit, quad flat package, thin quad flat package, plastic dual into package, plastic leaded chip carrier, and thin small outline package.

QPL International Holdings (HKSE:00243) Headlines

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