Bison Finance Group (HKSE:00888) Days Payable : 32.02 (As of Dec. 2023)

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What is Bison Finance Group Days Payable?

Bison Finance Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$4.63 Mil. Bison Finance Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$26.37 Mil. Hence, Bison Finance Group's Days Payable for the six months ended in Dec. 2023 was 32.02.

The historical rank and industry rank for Bison Finance Group's Days Payable or its related term are showing as below:

HKSE:00888' s Days Payable Range Over the Past 10 Years
Min: 1.13 Med: 4.89 Max: 101.06
Current: 35.99

During the past 13 years, Bison Finance Group's highest Days Payable was 101.06. The lowest was 1.13. And the median was 4.89.

HKSE:00888's Days Payable is ranked worse than
74.36% of 78 companies
in the Diversified Financial Services industry
Industry Median: 86.53 vs HKSE:00888: 35.99

Bison Finance Group's Days Payable increased from Dec. 2022 (31.52) to Dec. 2023 (32.02). It may suggest that Bison Finance Group delayed paying its suppliers.

Bison Finance Group Days Payable Historical Data

The historical data trend for Bison Finance 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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Bison Finance Group Days Payable Chart

Bison Finance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5.15

101.06

33.15

45.65

36.25

Bison Finance 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															54.26	50.98	31.52	40.98	32.02

Competitive Comparison of Bison Finance Group's Days Payable

For the Financial Conglomerates subindustry, Bison Finance 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.

Bison Finance Group's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Bison Finance Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Bison Finance Group's Days Payable falls into.

Bison Finance 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.

Bison Finance 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
=	( (4.404	+	4.765)	/	2 )	/	46.164	*	365
=	4.5845					/	46.164	*	365
=	36.25

Bison Finance 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
=	( (4.488	+	4.765)	/	2 )	/	26.366	*	365 / 2
=	4.6265					/	26.366	*	365 / 2
=	32.02

Bison Finance Group Days Payable Related Terms

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Bison Finance Group (HKSE:00888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bison Finance Group Ltd (HKSE:00888) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

18 King Wah Road, 6th Floor, North Point, Hong Kong, HKG

Website

https://www.bison.com.hk

Bison Finance Group Ltd is an investment holding company. The company's operating segment includes Financial services which comprise loan financing services and licensed businesses including the provision of investment advisory services, advisory services on corporate finance, securities brokerage services, external asset management services and fund management services.

Executives

Wan Hiu Yeung	2201 Interest of corporation controlled by you
Jong Yat Kit (in The Capacity As The Receiver)	2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Xiang Gang Jin Rong Kong Gu You Xian Gong Si	2106 Person having a security interest in shares
Dong Xing Zheng Quan Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Su Li Hong	2201 Interest of corporation controlled by you
Xin Ze Mao Yi You Xian Gong Si	2101 Beneficial owner
Tan Bin
Jiang Feng Yun
Deng Xianzi
Cruiser Determined Limited
China Orient Asset Management Co., Ltd.	2106 Person having a security interest in shares
Bliss Chance Global Limited
Bison Capital Financial Holdings Limited
Xu Peixin
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you

Bison Finance Group (HKSE:00888) Headlines

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