Ernest Borel Holdings (HKSE:01856) Days Payable : 158.64 (As of Dec. 2023)

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What is Ernest Borel Holdings Days Payable?

Ernest Borel Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$34.3 Mil. Ernest Borel Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$39.5 Mil. Hence, Ernest Borel Holdings's Days Payable for the six months ended in Dec. 2023 was 158.64.

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

HKSE:01856' s Days Payable Range Over the Past 10 Years
Min: 21.77 Med: 70.97 Max: 148.62
Current: 144.46

During the past 11 years, Ernest Borel Holdings's highest Days Payable was 148.62. The lowest was 21.77. And the median was 70.97.

HKSE:01856's Days Payable is ranked better than
85.58% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.675 vs HKSE:01856: 144.46

Ernest Borel Holdings's Days Payable increased from Dec. 2022 (115.04) to Dec. 2023 (158.64). It may suggest that Ernest Borel Holdings delayed paying its suppliers.

Ernest Borel Holdings Days Payable Historical Data

The historical data trend for Ernest Borel 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.

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Ernest Borel Holdings Days Payable Chart

Ernest Borel Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.71

86.03

126.80

148.62

143.06

Ernest Borel Holdings 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															118.86	250.64	115.04	131.29	158.64

Competitive Comparison of Ernest Borel Holdings's Days Payable

For the Luxury Goods subindustry, Ernest Borel 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.

Ernest Borel Holdings's Days Payable Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Ernest Borel Holdings's Days Payable falls into.

Ernest Borel 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.

Ernest Borel Holdings'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
=	( (23.86	+	37.231)	/	2 )	/	77.932	*	365
=	30.5455					/	77.932	*	365
=	143.06

Ernest Borel Holdings'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
=	( (31.439	+	37.231)	/	2 )	/	39.499	*	365 / 2
=	34.335					/	39.499	*	365 / 2
=	158.64

Ernest Borel Holdings Days Payable Related Terms

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Ernest Borel Holdings (HKSE:01856) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ernest Borel Holdings Ltd (HKSE:01856) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

193 Prince Edward Road West, Unit 1612-18, Level 16, Tower 1, Grand Century Place, Mongkok, Kowloon, Hong Kong, HKG

Website

https://www.ernestborel.ch

Ernest Borel Holdings Ltd is an investment holding company principally engaged in the design, manufacture, marketing, and sales of Swiss-made mechanical and quartz premium watches for men and women. Its collection of watches includes Royal, Braque, Jules, Borel, Retro, Cocktail, Galaxy, Cosmic, Heritage, Heartful, and other collections. Its geographical segments are China, Hong Kong, and Macau, and Others (mainly in Southeast Asia and Europe).

Ernest Borel Holdings (HKSE:01856) Headlines

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