Four Seas Mercantile Holdings (HKSE:00374) Days Payable : 63.24 (As of Sep. 2023)

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What is Four Seas Mercantile Holdings Days Payable?

Four Seas Mercantile Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$518 Mil. Four Seas Mercantile Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$1,495 Mil. Hence, Four Seas Mercantile Holdings's Days Payable for the six months ended in Sep. 2023 was 63.24.

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

HKSE:00374' s Days Payable Range Over the Past 10 Years
Min: 31.47 Med: 36.64 Max: 59.7
Current: 59.7

During the past 13 years, Four Seas Mercantile Holdings's highest Days Payable was 59.70. The lowest was 31.47. And the median was 36.64.

HKSE:00374's Days Payable is ranked better than
69.18% of 305 companies
in the Retail - Defensive industry
Industry Median: 44.54 vs HKSE:00374: 59.70

Four Seas Mercantile Holdings's Days Payable increased from Sep. 2022 (49.36) to Sep. 2023 (63.24). It may suggest that Four Seas Mercantile Holdings delayed paying its suppliers.

Four Seas Mercantile Holdings Days Payable Historical Data

The historical data trend for Four Seas Mercantile 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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Four Seas Mercantile Holdings Days Payable Chart

Four Seas Mercantile Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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33.79

31.77

38.36

46.76

50.33

Four Seas Mercantile Holdings 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															57.44	44.88	49.36	57.39	63.24

Competitive Comparison of Four Seas Mercantile Holdings's Days Payable

For the Food Distribution subindustry, Four Seas Mercantile 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.

Four Seas Mercantile Holdings's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Four Seas Mercantile Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Four Seas Mercantile Holdings's Days Payable falls into.

Four Seas Mercantile 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.

Four Seas Mercantile Holdings'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
=	( (371.864	+	530.326)	/	2 )	/	3271.572	*	365
=	451.095					/	3271.572	*	365
=	50.33

Four Seas Mercantile Holdings'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
=	( (530.326	+	505.69)	/	2 )	/	1494.985	*	365 / 2
=	518.008					/	1494.985	*	365 / 2
=	63.24

Four Seas Mercantile Holdings Days Payable Related Terms

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Four Seas Mercantile Holdings (HKSE:00374) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Four Seas Mercantile Holdings Ltd (HKSE:00374) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23 Wang Tai Road, 21st Floor, Manhattan Place, Kowloon Bay, Kowloon, Hong Kong, HKG

Website

https://www.fourseasgroup.com.hk

Four Seas Mercantile Holdings Ltd is an investment holding company. The company's geographical segment includes Hong Kong; Mainland China and Japan. It generates maximum revenue from Hong Kong. The Hong Kong segment is engaged in the operation of restaurants, the manufacture and trading of snack foods, confectionery, beverages, frozen food products, ham and ham-related products and noodles, as well as the retailing of snack foods, confectionery, and beverages. The Mainland China segment is engaged in the operation of restaurants and the manufacture and trading of snack foods, confectionery, beverages, frozen food products, noodles, poultry products, ham and ham-related products. Its Japan segment is engaged in the wholesaling and distribution of snack foods and confectionery.

Executives

Manureen Holdings Limited	2101 Beneficial owner
Realord Group Holdings Limited	2101 Beneficial owner
Lin Xiaohui	2201 Interest of corporation controlled by you
Su Jiaohua	2202 Interest of your spouse
Special Access Limited
Careful Guide Limited
Advance Finance Investments Limited
Capital Season Investments Limited
Hong Kong Food Investment Holdings Limited
Tai Tak Fung
Wu Mei Yung

Four Seas Mercantile Holdings (HKSE:00374) Headlines

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