Tam Jai International Co (HKSE:02217) Days Payable : 28.42 (As of Sep. 2023)

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What is Tam Jai International Co Days Payable?

Tam Jai International Co's average Accounts Payable for the six months ended in Sep. 2023 was HK$56 Mil. Tam Jai International Co's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$360 Mil. Hence, Tam Jai International Co's Days Payable for the six months ended in Sep. 2023 was 28.42.

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

HKSE:02217' s Days Payable Range Over the Past 10 Years
Min: 12.17 Med: 26.96 Max: 32.25
Current: 14.16

During the past 5 years, Tam Jai International Co's highest Days Payable was 32.25. The lowest was 12.17. And the median was 26.96.

HKSE:02217's Days Payable is ranked worse than
92.94% of 340 companies
in the Restaurants industry
Industry Median: 38.035 vs HKSE:02217: 14.16

Tam Jai International Co's Days Payable increased from Sep. 2022 (24.17) to Sep. 2023 (28.42). It may suggest that Tam Jai International Co delayed paying its suppliers.

Tam Jai International Co Days Payable Historical Data

The historical data trend for Tam Jai International Co'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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Tam Jai International Co Days Payable Chart

Tam Jai International Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

28.04

26.96

32.25

12.46

12.17

Tam Jai International Co Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial				30.99	8.19	24.17	9.43	28.42

Competitive Comparison of Tam Jai International Co's Days Payable

For the Restaurants subindustry, Tam Jai International Co'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.

Tam Jai International Co's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tam Jai International Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Tam Jai International Co's Days Payable falls into.

Tam Jai International Co 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.

Tam Jai International Co'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
=	( (37.394	+	56.44)	/	2 )	/	1406.754	*	365
=	46.917					/	1406.754	*	365
=	12.17

Tam Jai International Co'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
=	( (56.44	+	55.762)	/	2 )	/	360.297	*	365 / 2
=	56.101					/	360.297	*	365 / 2
=	28.42

Tam Jai International Co Days Payable Related Terms

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Tam Jai International Co (HKSE:02217) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tam Jai International Co Ltd (HKSE:02217) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

29S:Germany

Address

No. 9 Cheung Yee Street, 8th Floor of D2 Place ONE, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.tamjai-intl.com

Tam Jai International Co Ltd is a chain restaurant operator for fast casual restaurant chains, with operations in Mainland China and Singapore. It generates maximum revenue from Hong Kong.

Tam Jai International Co (HKSE:02217) Headlines

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