FY Financial (Shenzhen) Co (HKSE:08452) Days Payable : 60.50 (As of Dec. 2023)

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

What is FY Financial (Shenzhen) Co Days Payable?

FY Financial (Shenzhen) Co's average Accounts Payable for the three months ended in Dec. 2023 was HK$14.06 Mil. FY Financial (Shenzhen) Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$21.20 Mil. Hence, FY Financial (Shenzhen) Co's Days Payable for the three months ended in Dec. 2023 was 60.50.

The historical rank and industry rank for FY Financial (Shenzhen) Co's Days Payable or its related term are showing as below:

HKSE:08452' s Days Payable Range Over the Past 10 Years
Min: 13.99 Med: 76.22 Max: 2201.71
Current: 62.56

During the past 10 years, FY Financial (Shenzhen) Co's highest Days Payable was 2201.71. The lowest was 13.99. And the median was 76.22.

HKSE:08452's Days Payable is ranked better than
57.89% of 285 companies
in the Credit Services industry
Industry Median: 48.78 vs HKSE:08452: 62.56

FY Financial (Shenzhen) Co's Days Payable increased from Dec. 2022 (17.85) to Dec. 2023 (60.50). It may suggest that FY Financial (Shenzhen) Co delayed paying its suppliers.

FY Financial (Shenzhen) Co Days Payable Historical Data

The historical data trend for FY Financial (Shenzhen) Co'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.

FY Financial (Shenzhen) Co Days Payable Chart

FY Financial (Shenzhen) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

17.66

84.70

52.87

67.74

FY Financial (Shenzhen) Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															17.85	60.33	41.02	107.94	60.50

Competitive Comparison of FY Financial (Shenzhen) Co's Days Payable

For the Credit Services subindustry, FY Financial (Shenzhen) Co'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.

FY Financial (Shenzhen) Co's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FY Financial (Shenzhen) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where FY Financial (Shenzhen) Co's Days Payable falls into.

FY Financial (Shenzhen) Co 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.

FY Financial (Shenzhen) Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2.987	+	14.056)	/	2 )	/	45.918	*	365
=	8.5215					/	45.918	*	365
=	67.74

FY Financial (Shenzhen) Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	14.056)	/	1 )	/	21.201	*	365 / 4
=	14.056					/	21.201	*	365 / 4
=	60.50

FY Financial (Shenzhen) Co Days Payable Related Terms

Thank you for viewing the detailed overview of FY Financial (Shenzhen) Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

FY Financial (Shenzhen) Co (HKSE:08452) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » FY Financial (Shenzhen) Co Ltd (HKSE:08452) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 128 Xinzhou 11th Street, Room 1603, Cheung Kei Building, Futian District, Guangdong, Shenzhen, CHN

Website

http://www.fyleasing.com

FY Financial (Shenzhen) Co Ltd is a financial services company. It focuses on providing financial leasing, provision of factoring and advisory services and customer referral services, and the supply of medical equipment in the People's Republic of China region. The group's segment includes Financial and advisory business and Trading operation business. It derives majority of its revenues from a Financial and advisory business.

Executives

A Plus Capital Management Limited	2102 Investment manager
Tiger Capital Fund Spc - Tiger Global Sp	2101 Beneficial owner
Kkc Capital Limited	2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio	2101 Beneficial owner

FY Financial (Shenzhen) Co (HKSE:08452) Headlines

No Headlines