Ulferts International (HKSE:01711) Days Payable : 19.27 (As of Sep. 2023)

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What is Ulferts International Days Payable?

Ulferts International's average Accounts Payable for the six months ended in Sep. 2023 was HK$4.0 Mil. Ulferts International's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$38.3 Mil. Hence, Ulferts International's Days Payable for the six months ended in Sep. 2023 was 19.27.

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

HKSE:01711' s Days Payable Range Over the Past 10 Years
Min: 16.99 Med: 34.32 Max: 171.34
Current: 16.99

During the past 9 years, Ulferts International's highest Days Payable was 171.34. The lowest was 16.99. And the median was 34.32.

HKSE:01711's Days Payable is ranked worse than
87.51% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs HKSE:01711: 16.99

Ulferts International's Days Payable declined from Sep. 2022 (25.97) to Sep. 2023 (19.27). It may suggest that Ulferts International accelerated paying its suppliers.

Ulferts International Days Payable Historical Data

The historical data trend for Ulferts International'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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Ulferts International Days Payable Chart

Ulferts International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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28.91

25.37

29.67

42.35

34.32

Ulferts International Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial											30.58	29.81	25.97	18.72	19.27

Competitive Comparison of Ulferts International's Days Payable

For the Specialty Retail subindustry, Ulferts International'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.

Ulferts International's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ulferts International's Days Payable distribution charts can be found below:

* The bar in red indicates where Ulferts International's Days Payable falls into.

Ulferts International 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.

Ulferts International'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
=	( (10.402	+	5.199)	/	2 )	/	82.964	*	365
=	7.8005					/	82.964	*	365
=	34.32

Ulferts International'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
=	( (5.199	+	2.881)	/	2 )	/	38.257	*	365 / 2
=	4.04					/	38.257	*	365 / 2
=	19.27

Ulferts International Days Payable Related Terms

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Ulferts International (HKSE:01711) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ulferts International Ltd (HKSE:01711) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

288 Hennessy Road, Units 1905-07, 19th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.ulferts.com.hk

Ulferts International Ltd is an investment holding company. The company is engaged in the retail of imported furniture; wholesale of imported furniture and project sales. It generates maximum revenue from the retail of furniture. Geographically, it derives revenue from Hong Kong. The company offers sofabeds, adjustable beds, and other ancillary items such as pillows, mattress toppers and mattress protectors.

Executives

Yeung Ching Loong Alexander	2501 Other
First Trust Management Ag	2301 Trustee
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Albert Yeung Investments Holdings Limited	2201 Interest of corporation controlled by you

Ulferts International (HKSE:01711) Headlines

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