Asia Standard International Group (HKSE:00129) Days Payable : 348.61 (As of Sep. 2023)

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What is Asia Standard International Group Days Payable?

Asia Standard International Group's average Accounts Payable for the six months ended in Sep. 2023 was HK$146 Mil. Asia Standard International Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$76 Mil. Hence, Asia Standard International Group's Days Payable for the six months ended in Sep. 2023 was 348.61.

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

HKSE:00129' s Days Payable Range Over the Past 10 Years
Min: 23.4 Med: 40.91 Max: 3125.04
Current: 460.97

During the past 13 years, Asia Standard International Group's highest Days Payable was 3125.04. The lowest was 23.40. And the median was 40.91.

HKSE:00129's Days Payable is ranked better than
82.26% of 468 companies
in the Asset Management industry
Industry Median: 70.455 vs HKSE:00129: 460.97

Asia Standard International Group's Days Payable declined from Sep. 2022 (473.84) to Sep. 2023 (348.61). It may suggest that Asia Standard International Group accelerated paying its suppliers.

Asia Standard International Group Days Payable Historical Data

The historical data trend for Asia Standard International 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.

Asia Standard International Group Days Payable Chart

Asia Standard International Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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50.25

23.40

3,125.04

2,606.17

244.53

Asia Standard International Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															3,283.11	489.79	473.84	465.15	348.61

Competitive Comparison of Asia Standard International Group's Days Payable

For the Asset Management subindustry, Asia Standard International 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.

Asia Standard International Group's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Standard International Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Standard International Group's Days Payable falls into.

Asia Standard International 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.

Asia Standard International Group'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
=	( (68.759	+	72.534)	/	2 )	/	105.452	*	365
=	70.6465					/	105.452	*	365
=	244.53

Asia Standard International Group'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: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (72.534	+	219.496)	/	2 )	/	76.441	*	365 / 2
=	146.015					/	76.441	*	365 / 2
=	348.61

Asia Standard International Group Days Payable Related Terms

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Asia Standard International Group (HKSE:00129) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Standard International Group Ltd (HKSE:00129) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BDL1:Germany

Address

33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG

Website

https://www.asiastandard.com

Asia Standard International Group Ltd is an investment holding company. The company is principally engaged in developing and investing properties in location in Hong Kong, first-tier cities in China and Vancouver, Canada, and has established a well diversified business model across four main operating segments - property development, property leasing, hotel and travel, and financial investments. The majority of its revenue is derived from the Financial Investments segment.

Asia Standard International Group (HKSE:00129) Headlines

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