YGM Trading (HKSE:00375) Days Payable : 97.83 (As of Sep. 2023)

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What is YGM Trading Days Payable?

YGM Trading's average Accounts Payable for the six months ended in Sep. 2023 was HK$16.1 Mil. YGM Trading's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$30.1 Mil. Hence, YGM Trading's Days Payable for the six months ended in Sep. 2023 was 97.83.

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

HKSE:00375' s Days Payable Range Over the Past 10 Years
Min: 38.77 Med: 60.1 Max: 168.45
Current: 75.68

During the past 13 years, YGM Trading's highest Days Payable was 168.45. The lowest was 38.77. And the median was 60.10.

HKSE:00375's Days Payable is ranked better than
63.61% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs HKSE:00375: 75.68

YGM Trading's Days Payable increased from Sep. 2022 (71.87) to Sep. 2023 (97.83). It may suggest that YGM Trading delayed paying its suppliers.

YGM Trading Days Payable Historical Data

The historical data trend for YGM Trading'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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YGM Trading Days Payable Chart

YGM Trading Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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74.95

56.19

56.70

42.47

63.49

YGM Trading Semi-Annual Data
	Mar14	Sep14	Mar15	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															49.18	57.62	71.87	57.55	97.83

Competitive Comparison of YGM Trading's Days Payable

For the Apparel Retail subindustry, YGM Trading'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.

YGM Trading's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, YGM Trading's Days Payable distribution charts can be found below:

* The bar in red indicates where YGM Trading's Days Payable falls into.

YGM Trading 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.

YGM Trading'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
=	( (10.561	+	13.892)	/	2 )	/	70.289	*	365
=	12.2265					/	70.289	*	365
=	63.49

YGM Trading'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
=	( (13.892	+	18.338)	/	2 )	/	30.061	*	365 / 2
=	16.115					/	30.061	*	365 / 2
=	97.83

YGM Trading Days Payable Related Terms

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YGM Trading (HKSE:00375) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » YGM Trading Ltd (HKSE:00375) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Tai Yau Street, San Po Kong, Kowloon, Hong Kong, HKG

Website

https://www.ygmtrading.com

YGM Trading Ltd is an investment holding and provision of management service company. The company's operating segments include Sales of garments; Licensing of trademarks; Printing and related services and Property rental. The sales of garments segment of the company is involved in the wholesale and retail of garments; the Printing and related services segment is engaged in the provision of security printing and sale of printed products; Licensing of trademarks segment is engaged in the management and licensing of trademarks for royalty income, and Property rental: leasing of properties to generate rental income. The company generates maximum revenue from the Sales of the garments segment. Geographically, it derives a majority of its revenue from Hong Kong.

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