C-Mer Eye Care Holdings (HKSE:03309) Days Payable : 15.01 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is C-Mer Eye Care Holdings Days Payable?

C-Mer Eye Care Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$54 Mil. C-Mer Eye Care Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$655 Mil. Hence, C-Mer Eye Care Holdings's Days Payable for the six months ended in Dec. 2023 was 15.01.

The historical rank and industry rank for C-Mer Eye Care Holdings's Days Payable or its related term are showing as below:

HKSE:03309' s Days Payable Range Over the Past 10 Years
Min: 6.45 Med: 9.83 Max: 14.27
Current: 14.27

During the past 10 years, C-Mer Eye Care Holdings's highest Days Payable was 14.27. The lowest was 6.45. And the median was 9.83.

HKSE:03309's Days Payable is ranked worse than
87.65% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.63 vs HKSE:03309: 14.27

C-Mer Eye Care Holdings's Days Payable increased from Dec. 2022 (11.38) to Dec. 2023 (15.01). It may suggest that C-Mer Eye Care Holdings delayed paying its suppliers.

C-Mer Eye Care Holdings Days Payable Historical Data

The historical data trend for C-Mer Eye Care 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.

C-Mer Eye Care Holdings Days Payable Chart

C-Mer Eye Care Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

9.11

11.87

14.25

12.10

14.02

C-Mer Eye Care Holdings Semi-Annual Data
	Dec14	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													14.72	10.83	11.38	13.77	15.01

Competitive Comparison of C-Mer Eye Care Holdings's Days Payable

For the Medical Care Facilities subindustry, C-Mer Eye Care 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.

C-Mer Eye Care Holdings's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, C-Mer Eye Care Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where C-Mer Eye Care Holdings's Days Payable falls into.

C-Mer Eye Care 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.

C-Mer Eye Care 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
=	( (45.306	+	54.916)	/	2 )	/	1305.002	*	365
=	50.111					/	1305.002	*	365
=	14.02

C-Mer Eye Care 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
=	( (52.799	+	54.916)	/	2 )	/	654.891	*	365 / 2
=	53.8575					/	654.891	*	365 / 2
=	15.01

C-Mer Eye Care Holdings Days Payable Related Terms

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

C-Mer Eye Care Holdings (HKSE:03309) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » C-Mer Eye Care Holdings Ltd (HKSE:03309) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3 Pedder Street, Suite 1335, Central Building, Central, Hong Kong, HKG

Website

https://www.cmereye.com

C-Mer Eye Care Holdings Ltd provides general medical and surgical hospital services. It provides ophthalmic health care, diagnosis, treatment, surgical treatment services, and the sale of vision aid and pharmaceutical products in Hong Kong and the People's Republic of China. The company offers cataract, cornea, and ocular surface diseases, glaucoma, vitreoretinal and macular diseases, other eye diseases diagnosis and treatment services, and Chinese medicine treatment of eye diseases. Its segments include Sales of medical consumables, Mainland China ophthalmic business and Mainland China dental business. It generates a vast majority of its revenue from the provision of the ophthalmic services segment.

C-Mer Eye Care Holdings (HKSE:03309) Headlines

No Headlines