LET Group Holdings (HKSE:01383) Days Payable : 514.72 (As of Jun. 2023)

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What is LET Group Holdings Days Payable?

LET Group Holdings's average Accounts Payable for the six months ended in Jun. 2023 was HK$296.3 Mil. LET Group Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$105.0 Mil. Hence, LET Group Holdings's Days Payable for the six months ended in Jun. 2023 was 514.72.

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

HKSE:01383' s Days Payable Range Over the Past 10 Years
Min: 47.87 Med: 120.53 Max: 406.05
Current: 359.78

During the past 13 years, LET Group Holdings's highest Days Payable was 406.05. The lowest was 47.87. And the median was 120.53.

HKSE:01383's Days Payable is not ranked
in the Travel & Leisure industry.
Industry Median: 58.165 vs HKSE:01383: 359.78

LET Group Holdings's Days Payable increased from Jun. 2022 (319.91) to Jun. 2023 (514.72). It may suggest that LET Group Holdings delayed paying its suppliers.

LET Group Holdings Days Payable Historical Data

The historical data trend for LET Group 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.

LET Group Holdings Days Payable Chart

LET Group Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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47.87

98.68

355.32

312.78

406.05

LET Group Holdings Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															135.51	330.97	319.91	185.31	514.72

Competitive Comparison of LET Group Holdings's Days Payable

For the Resorts & Casinos subindustry, LET Group 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.

LET Group Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, LET Group Holdings's Days Payable distribution charts can be found below:

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

LET Group 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.

LET Group Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (287.859	+	177.648)	/	2 )	/	209.223	*	365
=	232.7535					/	209.223	*	365
=	406.05

LET Group Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (177.648	+	414.903)	/	2 )	/	105.047	*	365 / 2
=	296.2755					/	105.047	*	365 / 2
=	514.72

LET Group Holdings Days Payable Related Terms

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LET Group Holdings (HKSE:01383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » LET Group Holdings Ltd (HKSE:01383) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

168–200 Connaught Road, Unit 1705, 17th Floor, West Tower, Shun Tak Centre, Central, Hong Kong, HKG

Website

https://www.suncitygroupholdings.com

LET Group Holdings Ltd develops and operates integrated resorts across Asia, including the Russian Federation, the Philippines, Japan, Hong Kong, The PRC and Vietnam. The group also operates in the mall operation segment.

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