IMS Group Holdings (HKSE:08136) Days Payable : 58.08 (As of Sep. 2023)

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

What is IMS Group Holdings Days Payable?

IMS Group Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$7.08 Mil. IMS Group Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$11.12 Mil. Hence, IMS Group Holdings's Days Payable for the three months ended in Sep. 2023 was 58.08.

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

HKSE:08136' s Days Payable Range Over the Past 10 Years
Min: 11.66 Med: 65.59 Max: 93.26
Current: 62.88

During the past 8 years, IMS Group Holdings's highest Days Payable was 93.26. The lowest was 11.66. And the median was 65.59.

HKSE:08136's Days Payable is ranked worse than
60.06% of 2932 companies
in the Industrial Products industry
Industry Median: 76.415 vs HKSE:08136: 62.88

IMS Group Holdings's Days Payable declined from Sep. 2022 (85.07) to Sep. 2023 (58.08). It may suggest that IMS Group Holdings accelerated paying its suppliers.

IMS Group Holdings Days Payable Historical Data

The historical data trend for IMS Group 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.

IMS Group Holdings Days Payable Chart

IMS Group Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

53.46

68.71

72.78

62.47

59.28

IMS Group 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															85.07	56.79	83.52	53.05	58.08

Competitive Comparison of IMS Group Holdings's Days Payable

For the Electrical Equipment & Parts subindustry, IMS Group 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.

IMS Group Holdings's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IMS Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where IMS Group Holdings's Days Payable falls into.

IMS Group 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.

IMS Group 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
=	( (6.765	+	6.026)	/	2 )	/	39.376	*	365
=	6.3955					/	39.376	*	365
=	59.28

IMS Group 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	+	7.078)	/	1 )	/	11.12	*	365 / 4
=	7.078					/	11.12	*	365 / 4
=	58.08

IMS Group Holdings Days Payable Related Terms

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

IMS Group Holdings (HKSE:08136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IMS Group Holdings Ltd (HKSE:08136) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 8 Watson Road, North Point, 12th floor, Unit 1201, Block C Seaview Estate, Hong Kong, HKG

Website

https://www.imsgroupholdings.com

IMS Group Holdings Ltd is a provider of integrated LED lighting solutions. The company principally engaged in sale of LED lighting fixtures and visual-audio system, provision of integrated LED lighting solution services, project consultancy and LED lighting system maintenance services, sale of 3D printing materials and provision for 3D printing services. The firm receives a majority of its revenue from the sale of LED lighting fixtures followed by integrated LED lighting solution services. It has a business presence in Hong Kong, the PRC, Asia, Europe and others, of which the key revenue is derived from the PRC.

IMS Group Holdings (HKSE:08136) Headlines

No Headlines