Life Concepts Holdings (HKSE:08056) Days Payable : 116.07 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Life Concepts Holdings Days Payable?

Life Concepts Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$4.89 Mil. Life Concepts Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$3.85 Mil. Hence, Life Concepts Holdings's Days Payable for the three months ended in Sep. 2023 was 116.07.

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

HKSE:08056' s Days Payable Range Over the Past 10 Years
Min: 23.11 Med: 39.1 Max: 89.33
Current: 50.71

During the past 10 years, Life Concepts Holdings's highest Days Payable was 89.33. The lowest was 23.11. And the median was 39.10.

HKSE:08056's Days Payable is ranked better than
65.49% of 339 companies
in the Restaurants industry
Industry Median: 38.23 vs HKSE:08056: 50.71

Life Concepts Holdings's Days Payable increased from Sep. 2022 (58.86) to Sep. 2023 (116.07). It may suggest that Life Concepts Holdings delayed paying its suppliers.

Life Concepts Holdings Days Payable Historical Data

The historical data trend for Life Concepts 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.

Life Concepts Holdings Days Payable Chart

Life Concepts Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

25.77

23.11

39.81

31.12

38.38

Life Concepts Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															58.86	41.12	35.26	54.55	116.07

Competitive Comparison of Life Concepts Holdings's Days Payable

For the Restaurants subindustry, Life Concepts 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.

Life Concepts Holdings's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Life Concepts Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Life Concepts Holdings's Days Payable falls into.

Life Concepts 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.

Life Concepts Holdings'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
=	( (5.733	+	4.891)	/	2 )	/	50.512	*	365
=	5.312					/	50.512	*	365
=	38.38

Life Concepts Holdings'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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	4.891)	/	1 )	/	3.845	*	365 / 4
=	4.891					/	3.845	*	365 / 4
=	116.07

Life Concepts Holdings Days Payable Related Terms

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

Life Concepts Holdings (HKSE:08056) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Life Concepts Holdings Ltd (HKSE:08056) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, 3, 5, 7, 9, 11 and 13 Hollywood Road, Suites 1701-3, 17th Floor, Chinachem Hollywood Centre, Central, Hong Kong, HKG

Website

https://www.lifeconcepts.com

Life Concepts Holdings Ltd is an investment holding company. The company's operating segment includes Italian style; Western style; Asian style; Chinese Style; Catering management and design services and others; Provision of interior design and fitting-out services; Provision of organic vegetables consulting services and Provision of financial intermediation services. It generates maximum revenue from Western style segment. Geographically, it derives a majority of revenue from Hong Kong.

Executives

Excel Precise International Limited	2106 Person having a security interest in shares
True Promise Investments Limited	2201 Interest of corporation controlled by you
Law Fei Shing	2201 Interest of corporation controlled by you
Li Qing Ni	2201 Interest of corporation controlled by you
Lu James Fu Bin	2202 Interest of your spouse
Strong Day Holdings Limited	2101 Beneficial owner
Tso Wai Kin Timothy	2101 Beneficial owner
Chan Kwok Chung	2101 Beneficial owner
Lam Ka Ho	2101 Beneficial owner
Wong Man Hin Max	2101 Beneficial owner

Life Concepts Holdings (HKSE:08056) Headlines

No Headlines