Computime Group (HKSE:00320) Days Payable : 104.34 (As of Sep. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Computime Group Days Payable?

Computime Group's average Accounts Payable for the six months ended in Sep. 2023 was HK$994 Mil. Computime Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$1,739 Mil. Hence, Computime Group's Days Payable for the six months ended in Sep. 2023 was 104.34.

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

HKSE:00320' s Days Payable Range Over the Past 10 Years
Min: 66 Med: 78.07 Max: 98.75
Current: 98.75

During the past 13 years, Computime Group's highest Days Payable was 98.75. The lowest was 66.00. And the median was 78.07.

HKSE:00320's Days Payable is ranked better than
69.85% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs HKSE:00320: 98.75

Computime Group's Days Payable increased from Sep. 2022 (87.60) to Sep. 2023 (104.34). It may suggest that Computime Group delayed paying its suppliers.

Computime Group Days Payable Historical Data

The historical data trend for Computime 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.

Computime Group Days Payable Chart

Computime Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

66.00

84.49

86.65

78.96

89.84

Computime 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															102.48	79.94	87.60	95.27	104.34

Competitive Comparison of Computime Group's Days Payable

For the Consumer Electronics subindustry, Computime 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.

Computime Group's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Computime Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Computime Group's Days Payable falls into.

Computime 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.

Computime 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
=	( (807.02	+	1012.386)	/	2 )	/	3695.968	*	365
=	909.703					/	3695.968	*	365
=	89.84

Computime 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
=	( (1012.386	+	976.516)	/	2 )	/	1739.428	*	365 / 2
=	994.451					/	1739.428	*	365 / 2
=	104.34

Computime Group Days Payable Related Terms

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

Computime Group (HKSE:00320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Computime Group Ltd (HKSE:00320) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

20 Science Park East Avenue, 6th Floor, Building 20E, Phase 3, Hong Kong Science Park, Shatin, New Territories, Hong Kong, HKG

Website

https://www.computime.com

Computime Group Ltd is engaged in research and development, design, manufacture, trading, and distribution of electronic control products. The company operates in business segments that include the Control Solutions Business provides design, engineering, technology, and manufacturing services, including Original Equipment Manufacturer (OEM) and Original Design Manufacturer; and the Branded Business segment, which offers smart home, energy management, and home solutions to professional installers, property developers, utility companies, and wholesaler. The company generates a vast majority of its revenue from the Control solutions segment. Geographically, the operations are spread throughout America, Europe, Oceania, and Asia.

Executives

Heung Lap Chi Eugene	2101 Beneficial owner
Leung Yee Li Lana	2202 Interest of your spouse
Yeoman 3-rights Value Asia Fund Vcc	2101 Beneficial owner
Lim Mee Hwa	2201 Interest of corporation controlled by you
Yeo Seng Chong	2201 Interest of corporation controlled by you
Yeoman Capital Management Pte Ltd	2201 Interest of corporation controlled by you
Auyang Ho
Tse Shuk Ming

Computime Group (HKSE:00320) Headlines

No Headlines