Citychamp Watch & Jewellery Group (HKSE:00256) Days Payable : 117.34 (As of Dec. 2023)

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What is Citychamp Watch & Jewellery Group Days Payable?

Citychamp Watch & Jewellery Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$207 Mil. Citychamp Watch & Jewellery Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$322 Mil. Hence, Citychamp Watch & Jewellery Group's Days Payable for the six months ended in Dec. 2023 was 117.34.

The historical rank and industry rank for Citychamp Watch & Jewellery Group's Days Payable or its related term are showing as below:

HKSE:00256' s Days Payable Range Over the Past 10 Years
Min: 77.07 Med: 110.26 Max: 191.15
Current: 121.59

During the past 13 years, Citychamp Watch & Jewellery Group's highest Days Payable was 191.15. The lowest was 77.07. And the median was 110.26.

HKSE:00256's Days Payable is ranked better than
81.89% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs HKSE:00256: 121.59

Citychamp Watch & Jewellery Group's Days Payable declined from Dec. 2022 (130.63) to Dec. 2023 (117.34). It may suggest that Citychamp Watch & Jewellery Group accelerated paying its suppliers.

Citychamp Watch & Jewellery Group Days Payable Historical Data

The historical data trend for Citychamp Watch & Jewellery Group'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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Citychamp Watch & Jewellery Group Days Payable Chart

Citychamp Watch & Jewellery Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

120.99

191.15

165.07

169.70

120.78

Citychamp Watch & Jewellery Group 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															100.98	153.46	130.63	127.13	117.34

Competitive Comparison of Citychamp Watch & Jewellery Group's Days Payable

For the Luxury Goods subindustry, Citychamp Watch & Jewellery Group'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.

Citychamp Watch & Jewellery Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Citychamp Watch & Jewellery Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Citychamp Watch & Jewellery Group's Days Payable falls into.

Citychamp Watch & Jewellery Group 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.

Citychamp Watch & Jewellery Group'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
=	( (198.994	+	207.23)	/	2 )	/	613.818	*	365
=	203.112					/	613.818	*	365
=	120.78

Citychamp Watch & Jewellery Group'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
=	( (207.189	+	207.23)	/	2 )	/	322.267	*	365 / 2
=	207.2095					/	322.267	*	365 / 2
=	117.34

Citychamp Watch & Jewellery Group Days Payable Related Terms

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Citychamp Watch & Jewellery Group (HKSE:00256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Citychamp Watch & Jewellery Group Ltd (HKSE:00256) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

1 Austin Road West, Units 1902-04, Level 19, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

http://www.citychampwj.com

Citychamp Watch & Jewellery Group Ltd is a Hong Kong-based investment holding company principally engaged in watches and timepieces product businesses. It has three reportable segments namely manufacture and distribution of watches and timepieces, property investments, and banking and financial businesses. The company possesses proprietary brands, highlighted by Rossini and EBOHR, which both manufacture and sell their own branded watches throughout China. It also possesses renowned global watch brands Corum, Eterna, Rotary, Dreyfuss & Co, and J&T Windmills among others. Watches and timepieces are the major sources of revenue for the company.

Citychamp Watch & Jewellery Group (HKSE:00256) Headlines

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