New Amante Group (HKSE:08412) Days Payable : 9.63 (As of Nov. 2023)

View and export this data going back to 2017. Start your Free Trial

What is New Amante Group Days Payable?

New Amante Group's average Accounts Payable for the three months ended in Nov. 2023 was HK$1.8 Mil. New Amante Group's Cost of Goods Sold for the three months ended in Nov. 2023 was HK$16.6 Mil. Hence, New Amante Group's Days Payable for the three months ended in Nov. 2023 was 9.63.

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

HKSE:08412' s Days Payable Range Over the Past 10 Years
Min: 15.79 Med: 134.34 Max: 435.4
Current: 15.79

During the past 9 years, New Amante Group's highest Days Payable was 435.40. The lowest was 15.79. And the median was 134.34.

HKSE:08412's Days Payable is ranked worse than
91.15% of 339 companies
in the Restaurants industry
Industry Median: 38.23 vs HKSE:08412: 15.79

New Amante Group's Days Payable declined from Nov. 2022 (22.35) to Nov. 2023 (9.63). It may suggest that New Amante Group accelerated paying its suppliers.

New Amante Group Days Payable Historical Data

The historical data trend for New Amante 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.

New Amante Group Days Payable Chart

New Amante Group Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

Get a 7-Day Free Trial

87.94

257.54

435.40

134.34

23.70

New Amante Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															22.35	19.91	20.02	23.18	9.63

Competitive Comparison of New Amante Group's Days Payable

For the Restaurants subindustry, New Amante 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.

New Amante Group's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, New Amante Group's Days Payable distribution charts can be found below:

* The bar in red indicates where New Amante Group's Days Payable falls into.

New Amante 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.

New Amante Group's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (1.487	+	3.306)	/	2 )	/	36.909	*	365
=	2.3965					/	36.909	*	365
=	23.70

New Amante Group's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0	+	1.751)	/	1 )	/	16.588	*	365 / 4
=	1.751					/	16.588	*	365 / 4
=	9.63

New Amante Group Days Payable Related Terms

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

New Amante Group (HKSE:08412) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » New Amante Group Ltd (HKSE:08412) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Gloucester Road,, 25th Floor, China Huarong Tower, Wanchai, Hong Kong, HKG

Website

https://www.new-amante.com

New Amante Group Ltd is an investment holding company with its subsidiaries company principally engaged in the operation of club, entertainment, and Securities investment in Hong Kong.

Executives

Ho Chin Nang	2201 Interest of corporation controlled by you
Cheung Ka Kwan	2101 Beneficial owner
Yuan Lin	2101 Beneficial owner
Wang Ning	2101 Beneficial owner
Sze Ching Lau
Aplus Concept Limited
Louey Andrea Alice
Ng Shing Joe Kester

New Amante Group (HKSE:08412) Headlines

No Headlines