1957. (Hospitality) (HKSE:08495) Days Payable : 27.08 (As of Dec. 2023)

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

What is 1957. (Hospitality) Days Payable?

1957. (Hospitality)'s average Accounts Payable for the three months ended in Dec. 2023 was HK$22.4 Mil. 1957. (Hospitality)'s Cost of Goods Sold for the three months ended in Dec. 2023 was HK$75.6 Mil. Hence, 1957. (Hospitality)'s Days Payable for the three months ended in Dec. 2023 was 27.08.

The historical rank and industry rank for 1957. (Hospitality)'s Days Payable or its related term are showing as below:

HKSE:08495' s Days Payable Range Over the Past 10 Years
Min: 22.89 Med: 26.08 Max: 70.83
Current: 24.55

During the past 9 years, 1957. (Hospitality)'s highest Days Payable was 70.83. The lowest was 22.89. And the median was 26.08.

HKSE:08495's Days Payable is ranked worse than
76.18% of 340 companies
in the Restaurants industry
Industry Median: 38.115 vs HKSE:08495: 24.55

1957. (Hospitality)'s Days Payable increased from Dec. 2022 (25.99) to Dec. 2023 (27.08). It may suggest that 1957. (Hospitality) delayed paying its suppliers.

1957. (Hospitality) Days Payable Historical Data

The historical data trend for 1957. (Hospitality)'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.

1957. (Hospitality) Days Payable Chart

1957. (Hospitality) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

23.57

26.08

27.23

30.57

24.81

1957. (Hospitality) 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															25.99	22.37	24.59	23.75	27.08

Competitive Comparison of 1957. (Hospitality)'s Days Payable

For the Restaurants subindustry, 1957. (Hospitality)'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.

1957. (Hospitality)'s Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, 1957. (Hospitality)'s Days Payable distribution charts can be found below:

* The bar in red indicates where 1957. (Hospitality)'s Days Payable falls into.

1957. (Hospitality) 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.

1957. (Hospitality)'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
=	( (19.539	+	22.444)	/	2 )	/	308.846	*	365
=	20.9915					/	308.846	*	365
=	24.81

1957. (Hospitality)'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	+	22.444)	/	1 )	/	75.631	*	365 / 4
=	22.444					/	75.631	*	365 / 4
=	27.08

1957. (Hospitality) Days Payable Related Terms

Thank you for viewing the detailed overview of 1957. (Hospitality)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

1957. (Hospitality) (HKSE:08495) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » 1957 & Co. (Hospitality) Ltd (HKSE:08495) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

391–407 Jaffe Road, 33rd Floor, Times Tower, Hong Kong, HKG

Website

https://www.1957.com.hk

1957 & Co. (Hospitality) Ltd is a Hong Kong-based restaurant operation and management company. Together with its subsidiaries, the firm operates full-service restaurants under various brands and serves Japanese, Thai, Vietnamese, Shanghainese and Italian cuisines. The Group is engaged in the operation of restaurants and provision of catering management and consultancy services segment. Apart from its restaurant operation business the company also provides catering management and consultancy services in Hong Kong and the People's Republic of China. It derives the majority of the revenue from the operation of restaurants.

1957. (Hospitality) (HKSE:08495) Headlines

No Headlines