Luk Fook Holdings (International) (HKSE:00590) Days Payable : 24.72 (As of Sep. 2023)

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What is Luk Fook Holdings (International) Days Payable?

Luk Fook Holdings (International)'s average Accounts Payable for the six months ended in Sep. 2023 was HK$732 Mil. Luk Fook Holdings (International)'s Cost of Goods Sold for the six months ended in Sep. 2023 was HK$5,405 Mil. Hence, Luk Fook Holdings (International)'s Days Payable for the six months ended in Sep. 2023 was 24.72.

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

HKSE:00590' s Days Payable Range Over the Past 10 Years
Min: 7.86 Med: 10.81 Max: 30.84
Current: 20.46

During the past 13 years, Luk Fook Holdings (International)'s highest Days Payable was 30.84. The lowest was 7.86. And the median was 10.81.

HKSE:00590's Days Payable is ranked worse than
85.03% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs HKSE:00590: 20.46

Luk Fook Holdings (International)'s Days Payable increased from Sep. 2022 (10.33) to Sep. 2023 (24.72). It may suggest that Luk Fook Holdings (International) delayed paying its suppliers.

Luk Fook Holdings (International) Days Payable Historical Data

The historical data trend for Luk Fook Holdings (International)'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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Luk Fook Holdings (International) Days Payable Chart

Luk Fook Holdings (International) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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10.38

9.02

11.23

11.32

30.84

Luk Fook Holdings (International) 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															14.34	12.43	10.33	28.74	24.72

Competitive Comparison of Luk Fook Holdings (International)'s Days Payable

For the Luxury Goods subindustry, Luk Fook Holdings (International)'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.

Luk Fook Holdings (International)'s Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Luk Fook Holdings (International)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Luk Fook Holdings (International)'s Days Payable falls into.

Luk Fook Holdings (International) 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.

Luk Fook Holdings (International)'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
=	( (242.879	+	1235.102)	/	2 )	/	8747.447	*	365
=	738.9905					/	8747.447	*	365
=	30.84

Luk Fook Holdings (International)'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
=	( (1235.102	+	228.815)	/	2 )	/	5404.587	*	365 / 2
=	731.9585					/	5404.587	*	365 / 2
=	24.72

Luk Fook Holdings (International) Days Payable Related Terms

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Luk Fook Holdings (International) (HKSE:00590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Luk Fook Holdings (International) Ltd (HKSE:00590) » Definitions » Days Payable

Traded in Other Exchanges

LKFLF:USA LUY1:Germany

Address

No. 2 On Yiu Street, 15th, 20th, 25th & 27th Floors, Metropole Square, Shatin, New Territories, Hong Kong, HKG

Website

https://www.lukfook.com

Luk Fook Holdings (International) Ltd is a Hong Kong-based investment holding company. The company is engaged in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewelry and gem-set jewelry products. It operates through the following five segments: Retailing in Hong Kong, Macau and Overseas; Retailing in Mainland China; Wholesaling in Hong Kong; Wholesaling in Mainland China; and Licensing. The company generates maximum revenue from Retailing in Hong Kong, Macau and Overseas segments.

Luk Fook Holdings (International) (HKSE:00590) Headlines

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