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KML Technology Group (HKSE:08065) Days Payable : 28.98 (As of Sep. 2023)


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What is KML Technology Group Days Payable?

KML Technology Group's average Accounts Payable for the three months ended in Sep. 2023 was HK$11.9 Mil. KML Technology Group's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$37.5 Mil. Hence, KML Technology Group's Days Payable for the three months ended in Sep. 2023 was 28.98.

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

HKSE:08065' s Days Payable Range Over the Past 10 Years
Min: 22.79   Med: 34.26   Max: 42.14
Current: 22.79

During the past 8 years, KML Technology Group's highest Days Payable was 42.14. The lowest was 22.79. And the median was 34.26.

HKSE:08065's Days Payable is ranked worse than
93.32% of 1601 companies
in the Construction industry
Industry Median: 76.01 vs HKSE:08065: 22.79

KML Technology Group's Days Payable increased from Sep. 2022 (26.53) to Sep. 2023 (28.98). It may suggest that KML Technology Group delayed paying its suppliers.


KML Technology Group Days Payable Historical Data

The historical data trend for KML Technology Group'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.

KML Technology Group Days Payable Chart

KML Technology Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial 36.90 42.14 35.52 33.00 23.85

KML Technology Group 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 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 Premium Member Only Premium Member Only Premium Member Only 26.53 24.78 16.69 23.76 28.98

Competitive Comparison of KML Technology Group's Days Payable

For the Infrastructure Operations subindustry, KML Technology Group'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.


KML Technology Group's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, KML Technology Group's Days Payable distribution charts can be found below:

* The bar in red indicates where KML Technology Group's Days Payable falls into.



KML Technology Group 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.

KML Technology Group'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
=( (8.643 + 10.115) / 2 ) / 143.523*365
=9.379 / 143.523*365
=23.85

KML Technology Group'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 + 11.896) / 1 ) / 37.462*365 / 4
=11.896 / 37.462*365 / 4
=28.98

* 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.


KML Technology Group Days Payable Related Terms

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KML Technology Group (HKSE:08065) Business Description

Traded in Other Exchanges
N/A
Address
Siu Lek Yuen Road, B12, Ground Floor, Shatin Industrial Centre, Shatin, New Territories, Hong Kong, HKG
KML Technology Group Ltd is an investment holding company. The company is engaged in the provision of electrical and mechanical engineering solutions and services. Its operating segment includes Transportation Mission Critical System Solutions, Mobile Ticketing and Digital Payment Solutions and Services, M&E Technology Solutions and Engineering Services and Digital Fabrication and Maintenance Services. The company generates maximum revenue from Digital Fabrication and Maintenance Service segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Taiwan, Singapore, Canada, and Others Countries. It also provides security and access control systems, railway station engineering services and architectural works and others.
Executives
Luk Yin Cheung 2202 Interest of your spouse
Woo Siu Wai 2101 Beneficial owner
Leung Kwok Yee 2202 Interest of your spouse
Luk Kam Ming 2101 Beneficial owner
Kml Holdings Limited
Chan Patricia
Luk Kwai Lung

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