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Emperor Watch & Jewellery (HKSE:00887) Days Payable : 10.00 (As of Dec. 2023)


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What is Emperor Watch & Jewellery Days Payable?

Emperor Watch & Jewellery's average Accounts Payable for the six months ended in Dec. 2023 was HK$97 Mil. Emperor Watch & Jewellery's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,768 Mil. Hence, Emperor Watch & Jewellery's Days Payable for the six months ended in Dec. 2023 was 10.00.

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

HKSE:00887' s Days Payable Range Over the Past 10 Years
Min: 6.54   Med: 12.25   Max: 17.97
Current: 8.84

During the past 13 years, Emperor Watch & Jewellery's highest Days Payable was 17.97. The lowest was 6.54. And the median was 12.25.

HKSE:00887's Days Payable is ranked worse than
93.25% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs HKSE:00887: 8.84

Emperor Watch & Jewellery's Days Payable increased from Dec. 2022 (6.52) to Dec. 2023 (10.00). It may suggest that Emperor Watch & Jewellery delayed paying its suppliers.


Emperor Watch & Jewellery Days Payable Historical Data

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

Emperor Watch & Jewellery Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.07 9.15 6.54 7.48 9.38

Emperor Watch & Jewellery 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 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 6.89 8.06 6.52 7.00 10.00

Competitive Comparison of Emperor Watch & Jewellery's Days Payable

For the Luxury Goods subindustry, Emperor Watch & Jewellery'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.


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

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

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



Emperor Watch & Jewellery 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.

Emperor Watch & Jewellery'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
=( (51.362 + 122.063) / 2 ) / 3372.942*365
=86.7125 / 3372.942*365
=9.38

Emperor Watch & Jewellery'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
=( (71.729 + 122.063) / 2 ) / 1768.338*365 / 2
=96.896 / 1768.338*365 / 2
=10.00

* 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.


Emperor Watch & Jewellery Days Payable Related Terms

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Emperor Watch & Jewellery (HKSE:00887) Business Description

Traded in Other Exchanges
N/A
Address
288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its own brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Audemars Piguet, Baume & Mercier, Cartier, Omega, Jaeger-LeCoultre, Montblanc, Tissot, and Rolex, among others. The target customers range from middle to high-income groups world wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.

Emperor Watch & Jewellery (HKSE:00887) Headlines

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