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Winson Holdings Hong Kong (HKSE:06812) Days Payable : 13.60 (As of Sep. 2023)


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What is Winson Holdings Hong Kong Days Payable?

Winson Holdings Hong Kong's average Accounts Payable for the six months ended in Sep. 2023 was HK$14.4 Mil. Winson Holdings Hong Kong's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$193.9 Mil. Hence, Winson Holdings Hong Kong's Days Payable for the six months ended in Sep. 2023 was 13.60.

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

HKSE:06812' s Days Payable Range Over the Past 10 Years
Min: 7.69   Med: 10.96   Max: 14.7
Current: 13.88

During the past 9 years, Winson Holdings Hong Kong's highest Days Payable was 14.70. The lowest was 7.69. And the median was 10.96.

HKSE:06812's Days Payable is ranked worse than
92.04% of 226 companies
in the Waste Management industry
Industry Median: 72.98 vs HKSE:06812: 13.88

Winson Holdings Hong Kong's Days Payable declined from Sep. 2022 (14.60) to Sep. 2023 (13.60). It may suggest that Winson Holdings Hong Kong accelerated paying its suppliers.


Winson Holdings Hong Kong Days Payable Historical Data

The historical data trend for Winson Holdings Hong Kong'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.

Winson Holdings Hong Kong Days Payable Chart

Winson Holdings Hong Kong Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only 10.96 11.06 11.69 14.13 14.70

Winson Holdings Hong Kong Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.11 14.66 14.60 14.19 13.60

Competitive Comparison of Winson Holdings Hong Kong's Days Payable

For the Waste Management subindustry, Winson Holdings Hong Kong'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.


Winson Holdings Hong Kong's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Winson Holdings Hong Kong's Days Payable distribution charts can be found below:

* The bar in red indicates where Winson Holdings Hong Kong's Days Payable falls into.



Winson Holdings Hong Kong 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.

Winson Holdings Hong Kong'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
=( (16.331 + 14.653) / 2 ) / 384.712*365
=15.492 / 384.712*365
=14.70

Winson Holdings Hong Kong'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
=( (14.653 + 14.244) / 2 ) / 193.924*365 / 2
=14.4485 / 193.924*365 / 2
=13.60

* 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.


Winson Holdings Hong Kong Days Payable Related Terms

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Winson Holdings Hong Kong (HKSE:06812) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Sha Tsui Road, Unit 01–02, 9th floor, The Octagon, Tsuen Wan New Territories, Hong Kong, HKG
Winson Holdings Hong Kong Ltd is an investment holding company. The principal business of the Company is provision of environmental hygiene and related services and airline catering support services in Hong Kong. The company's business segments are the provision of environmental hygiene and related services, airline catering support services in Hong Kong. Environmental hygiene and related services generate the maximum revenue.

Winson Holdings Hong Kong (HKSE:06812) Headlines

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