MS Concept (HKSE:08447) Days Payable : 76.03 (As of Sep. 2023)

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What is MS Concept Days Payable?

MS Concept's average Accounts Payable for the three months ended in Sep. 2023 was HK$16.7 Mil. MS Concept's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$20.0 Mil. Hence, MS Concept's Days Payable for the three months ended in Sep. 2023 was 76.03.

The historical rank and industry rank for MS Concept's Days Payable or its related term are showing as below:

HKSE:08447' s Days Payable Range Over the Past 10 Years
Min: 34.09 Med: 52.94 Max: 78.47
Current: 78.47

During the past 8 years, MS Concept's highest Days Payable was 78.47. The lowest was 34.09. And the median was 52.94.

HKSE:08447's Days Payable is ranked better than
83.78% of 339 companies
in the Restaurants industry
Industry Median: 38.23 vs HKSE:08447: 78.47

MS Concept's Days Payable declined from Sep. 2022 (76.44) to Sep. 2023 (76.03). It may suggest that MS Concept accelerated paying its suppliers.

MS Concept Days Payable Historical Data

The historical data trend for MS Concept'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.

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MS Concept Days Payable Chart

MS Concept Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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72.08

63.25

64.09

42.63

45.94

MS Concept 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															76.44	82.05	74.00	75.70	76.03

Competitive Comparison of MS Concept's Days Payable

For the Restaurants subindustry, MS Concept'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.

MS Concept's Days Payable Distribution in the Restaurants Industry

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

* The bar in red indicates where MS Concept's Days Payable falls into.

MS Concept 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.

MS Concept'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
=	( (5.564	+	16.942)	/	2 )	/	89.41	*	365
=	11.253					/	89.41	*	365
=	45.94

MS Concept'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	+	16.664)	/	1 )	/	20	*	365 / 4
=	16.664					/	20	*	365 / 4
=	76.03

MS Concept Days Payable Related Terms

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MS Concept (HKSE:08447) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MS Concept Ltd (HKSE:08447) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

186-191 Connaught Road West, Room 1409-10, 14th Floor, Hong Kong Plaza, Hong Kong, HKG

Website

https://www.mrsteak.com.hk

MS Concept Ltd is a restaurant group that operates Western and Japanese casual dining restaurants in Hong Kong. The company provides dining and ambiance services under different brands. The company operates restaurants under various brands namely Bistro Bloom, Bistro Bloom/Marbling, Hana, Sky Bar, and many more. The company derives revenue from restaurant operations that provide catering services.

Executives

Future More Company Limited	2101 Beneficial owner
Ip Yin King Ingrid	2201 Interest of corporation controlled by you
Kwong Ching Yee Melanie	2201 Interest of corporation controlled by you
Kwong Man Yui	2201 Interest of corporation controlled by you
Kwong Tai Wah	2201 Interest of corporation controlled by you
Kwong Tai Wing Joseph	2201 Interest of corporation controlled by you

MS Concept (HKSE:08447) Headlines

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