Lever Style (HKSE:01346) Days Payable : 41.49 (As of Dec. 2023)

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What is Lever Style Days Payable?

Lever Style's average Accounts Payable for the six months ended in Dec. 2023 was HK$136 Mil. Lever Style's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$596 Mil. Hence, Lever Style's Days Payable for the six months ended in Dec. 2023 was 41.49.

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

HKSE:01346' s Days Payable Range Over the Past 10 Years
Min: 40.64 Med: 59.93 Max: 92.58
Current: 43.37

During the past 8 years, Lever Style's highest Days Payable was 92.58. The lowest was 40.64. And the median was 59.93.

HKSE:01346's Days Payable is ranked worse than
62.82% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.25 vs HKSE:01346: 43.37

Lever Style's Days Payable increased from Dec. 2022 (38.44) to Dec. 2023 (41.49). It may suggest that Lever Style delayed paying its suppliers.

Lever Style Days Payable Historical Data

The historical data trend for Lever Style'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.

Lever Style Days Payable Chart

Lever Style Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.11

63.84

43.82

40.64

45.71

Lever Style Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								37.33	43.76	38.44	43.00	41.49

Competitive Comparison of Lever Style's Days Payable

For the Apparel Manufacturing subindustry, Lever Style'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.

Lever Style's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lever Style's Days Payable distribution charts can be found below:

* The bar in red indicates where Lever Style's Days Payable falls into.

Lever Style 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.

Lever Style'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
=	( (143.236	+	147.551)	/	2 )	/	1160.896	*	365
=	145.3935					/	1160.896	*	365
=	45.71

Lever Style'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
=	( (123.589	+	147.551)	/	2 )	/	596.317	*	365 / 2
=	135.57					/	596.317	*	365 / 2
=	41.49

Lever Style Days Payable Related Terms

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Lever Style (HKSE:01346) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lever Style Corp (HKSE:01346) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Hing Yip Street, Wing Tai Centre, 7th Floor, Room 76, Flat A, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.leverstyle.com

Lever Style Corp engages in apparel manufacturing. The firm offers a wide range of product categories for both men and women. Its product line comprises shirts, bottoms, suits, outwear, and other products out of which sale of shirts derives the majority revenue. Geographically, the United States of America contributes majority of the firm's revenue.

Executives

Imaginative Company Limited	2201 Interest of corporation controlled by you
Lever Style Holdings Limited	2101 Beneficial owner
Szeto Chi Yan Stanley	2201 Interest of corporation controlled by you
Fung Capital Limited	2201 Interest of corporation controlled by you
Hsbc Trustee (c.i.) Limited	2301 Trustee
Fung Portfolio Limited	2201 Interest of corporation controlled by you
Fung Kwok Lun William	2201 Interest of corporation controlled by you
Jing Lun Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Feng Shi Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you
Poolside Ventures Limited	2201 Interest of corporation controlled by you
Kci Limited	2201 Interest of corporation controlled by you
Fung Trinity Holdings Limited	2101 Beneficial owner
Fong Tong	2201 Interest of corporation controlled by you

Lever Style (HKSE:01346) Headlines

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