Starlite Holdings (HKSE:00403) Days Payable : 46.99 (As of Sep. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Starlite Holdings Days Payable?

Starlite Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$95.6 Mil. Starlite Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$371.1 Mil. Hence, Starlite Holdings's Days Payable for the six months ended in Sep. 2023 was 46.99.

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

HKSE:00403' s Days Payable Range Over the Past 10 Years
Min: 43.11 Med: 47.44 Max: 73.68
Current: 52.67

During the past 13 years, Starlite Holdings's highest Days Payable was 73.68. The lowest was 43.11. And the median was 47.44.

HKSE:00403's Days Payable is ranked worse than
53.93% of 369 companies
in the Packaging & Containers industry
Industry Median: 57.59 vs HKSE:00403: 52.67

Starlite Holdings's Days Payable increased from Sep. 2022 (40.69) to Sep. 2023 (46.99). It may suggest that Starlite Holdings delayed paying its suppliers.

Starlite Holdings Days Payable Historical Data

The historical data trend for Starlite 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.

Starlite Holdings Days Payable Chart

Starlite Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

48.36

43.11

45.52

45.45

46.52

Starlite Holdings 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															54.33	56.44	40.69	58.35	46.99

Competitive Comparison of Starlite Holdings's Days Payable

For the Packaging & Containers subindustry, Starlite 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.

Starlite Holdings's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starlite Holdings's Days Payable distribution charts can be found below:

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

Starlite 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.

Starlite 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
=	( (99.734	+	93.712)	/	2 )	/	758.873	*	365
=	96.723					/	758.873	*	365
=	46.52

Starlite 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
=	( (93.712	+	97.399)	/	2 )	/	371.145	*	365 / 2
=	95.5555					/	371.145	*	365 / 2
=	46.99

Starlite Holdings Days Payable Related Terms

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

Starlite Holdings (HKSE:00403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Starlite Holdings Ltd (HKSE:00403) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Tai Yau Street, 3rd Floor, Perfect Industrial Building, Sanpokong, Kowloon, Hong Kong, HKG

Website

http://www.hkstarlite.com

Starlite Holdings Ltd is an investment holding company engaged in the printing and manufacturing of packaging materials, labels, and paper products, including environmental-friendly paper products. The group considers business segments from a geographical perspective being the location of factory plants including Southern China, Eastern China, and South East Asia, of which a majority of revenue is derived from Southern China.

Starlite Holdings (HKSE:00403) Headlines

No Headlines