GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kwan On Holdings Ltd (HKSE:01559) » Definitions » Days Payable

Kwan On Holdings (HKSE:01559) Days Payable : 107.55 (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Kwan On Holdings Days Payable?

Kwan On Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$122.0 Mil. Kwan On Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$207.0 Mil. Hence, Kwan On Holdings's Days Payable for the six months ended in Sep. 2023 was 107.55.

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

HKSE:01559' s Days Payable Range Over the Past 10 Years
Min: 50.7   Med: 67.7   Max: 91.49
Current: 62.71

During the past 10 years, Kwan On Holdings's highest Days Payable was 91.49. The lowest was 50.70. And the median was 67.70.

HKSE:01559's Days Payable is ranked worse than
59.8% of 1602 companies
in the Construction industry
Industry Median: 75.99 vs HKSE:01559: 62.71

Kwan On Holdings's Days Payable increased from Sep. 2022 (54.63) to Sep. 2023 (107.55). It may suggest that Kwan On Holdings delayed paying its suppliers.


Kwan On Holdings Days Payable Historical Data

The historical data trend for Kwan On 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.

Kwan On Holdings Days Payable Chart

Kwan On Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.28 68.11 59.88 50.70 50.87

Kwan On Holdings 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 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 51.36 59.01 54.63 42.39 107.55

Competitive Comparison of Kwan On Holdings's Days Payable

For the Engineering & Construction subindustry, Kwan On 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.


Kwan On Holdings's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kwan On Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Kwan On Holdings's Days Payable falls into.



Kwan On 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.

Kwan On Holdings'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
=( (66.692 + 116.093) / 2 ) / 655.78*365
=91.3925 / 655.78*365
=50.87

Kwan On Holdings'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
=( (116.093 + 127.872) / 2 ) / 206.994*365 / 2
=121.9825 / 206.994*365 / 2
=107.55

* 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.


Kwan On Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Kwan On Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Kwan On Holdings (HKSE:01559) Business Description

Traded in Other Exchanges
N/A
Address
118 Connaught Road West, Unit 3401, 28th Floor, Room 2803, Sai Ying Pun, Hong Kong, HKG
Kwan On Holdings Ltd is mainly engaged in construction-related business and property development. The company's reportable segments include Construction, Property development, and trading. Geographically the company derives the majority of its revenue from Hong Kong.
Executives
Chen Zhenghua 2201 Interest of corporation controlled by you
Sino Coronet Group Limited 2101 Beneficial owner
Lv Di Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Lv Di Kong Gu Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Sheng Jian Zhu Gong Cheng Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Hua Yuan Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Lv Di Da Ji Jian Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Gorgeous Holding Limited 2201 Interest of corporation controlled by you
New York Private Trust Company 2201 Interest of corporation controlled by you
Rosy Height Holdings Limited 2101 Beneficial owner

Kwan On Holdings (HKSE:01559) Headlines

No Headlines