World Super Holdings (HKSE:08612) Days Payable : 15.07 (As of Dec. 2023)

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What is World Super Holdings Days Payable?

World Super Holdings's average Accounts Payable for the three months ended in Dec. 2023 was HK$1.06 Mil. World Super Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$6.39 Mil. Hence, World Super Holdings's Days Payable for the three months ended in Dec. 2023 was 15.07.

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

HKSE:08612' s Days Payable Range Over the Past 10 Years
Min: 14.84 Med: 45.37 Max: 120.77
Current: 19.69

During the past 8 years, World Super Holdings's highest Days Payable was 120.77. The lowest was 14.84. And the median was 45.37.

HKSE:08612's Days Payable is ranked worse than
78.25% of 924 companies
in the Business Services industry
Industry Median: 47.74 vs HKSE:08612: 19.69

World Super Holdings's Days Payable declined from Dec. 2022 (17.19) to Dec. 2023 (15.07). It may suggest that World Super Holdings accelerated paying its suppliers.

World Super Holdings Days Payable Historical Data

The historical data trend for World Super 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.

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World Super Holdings Days Payable Chart

World Super Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.12

32.18

120.77

52.62

14.84

World Super Holdings 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															17.19	10.34	44.11	27.62	15.07

Competitive Comparison of World Super Holdings's Days Payable

For the Rental & Leasing Services subindustry, World Super 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.

World Super Holdings's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, World Super Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where World Super Holdings's Days Payable falls into.

World Super 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.

World Super Holdings'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
=	( (0.53	+	1.055)	/	2 )	/	19.486	*	365
=	0.7925					/	19.486	*	365
=	14.84

World Super Holdings'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	+	1.055)	/	1 )	/	6.386	*	365 / 4
=	1.055					/	6.386	*	365 / 4
=	15.07

World Super Holdings Days Payable Related Terms

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World Super Holdings (HKSE:08612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » World Super Holdings Ltd (HKSE:08612) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Electric Road, Unit 3403, 34th Floor, AIA Tower, North Point, Hong Kong, HKG

Website

http://www.worldsuperhk.com

World Super Holdings Ltd is an investment holding company mainly engaged in plant hire services. The Company operates its business through different segments. The Plant Hire segment mainly engages in the provision of rental services of crawler cranes, oscillators, reverse circulation drills (RCDs), and hydro mill trench cutters for construction projects. The Trading of Machinery, Tool, and Part segment mainly engages in the trading of new or used crawler cranes, RCDs, trench cutters, oscillators, and related spare parts. The Transportation and Other Service segment mainly engages in the provision of transportation services in delivering the machinery to and from customers' designated sites and other services.

World Super Holdings (HKSE:08612) Headlines

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