Ten Pao Group Holdings (HKSE:01979) Days Payable : 118.63 (As of Dec. 2023)

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What is Ten Pao Group Holdings Days Payable?

Ten Pao Group Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$1,291 Mil. Ten Pao Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,986 Mil. Hence, Ten Pao Group Holdings's Days Payable for the six months ended in Dec. 2023 was 118.63.

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

HKSE:01979' s Days Payable Range Over the Past 10 Years
Min: 90.62 Med: 114.4 Max: 141.87
Current: 123.97

During the past 10 years, Ten Pao Group Holdings's highest Days Payable was 141.87. The lowest was 90.62. And the median was 114.40.

HKSE:01979's Days Payable is ranked better than
70.99% of 2933 companies
in the Industrial Products industry
Industry Median: 76.41 vs HKSE:01979: 123.97

Ten Pao Group Holdings's Days Payable declined from Dec. 2022 (135.29) to Dec. 2023 (118.63). It may suggest that Ten Pao Group Holdings accelerated paying its suppliers.

Ten Pao Group Holdings Days Payable Historical Data

The historical data trend for Ten Pao 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.

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Ten Pao Group Holdings Days Payable Chart

Ten Pao Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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110.18

141.87

119.40

121.95

129.27

Ten Pao Group Holdings Semi-Annual Data
	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														123.53	115.57	135.29	124.08	118.63

Competitive Comparison of Ten Pao Group Holdings's Days Payable

For the Electrical Equipment & Parts subindustry, Ten Pao 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.

Ten Pao Group Holdings's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ten Pao Group Holdings's Days Payable distribution charts can be found below:

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

Ten Pao 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.

Ten Pao Group 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
=	( (1408.889	+	1365.186)	/	2 )	/	3916.252	*	365
=	1387.0375					/	3916.252	*	365
=	129.27

Ten Pao Group 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
=	( (1216.244	+	1365.186)	/	2 )	/	1985.678	*	365 / 2
=	1290.715					/	1985.678	*	365 / 2
=	118.63

Ten Pao Group Holdings Days Payable Related Terms

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Ten Pao Group Holdings (HKSE:01979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ten Pao Group Holdings Ltd (HKSE:01979) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

151-153 Hoi Bun Road, Rooms 610-612, 6th Floor, Kwong Sang Hong Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.tenpao.com

Ten Pao Group Holdings Ltd is an investment holding company. It is engaged in the sales and manufacturing of switching power supply units for consumer products and smart chargers and controllers for industrial use. The operating segments of the company are telecommunication, media and entertainment, electrical home appliances, lighting, smart chargers and controllers, and others. Some of its products are USB chargers, wireless chargers, adapters, open frame power supply, led drivers, smart charger and controllers, and power saver. Geographically, the group has a business presence in the PRC, Europe, Asia, the U.S., Africa and Other regions, of which prime revenue is derived from the PRC.

Ten Pao Group Holdings (HKSE:01979) Headlines

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