Kasen International Holdings (HKSE:00496) Days Payable : 118.41 (As of Dec. 2023)

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What is Kasen International Holdings Days Payable?

Kasen International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$253 Mil. Kasen International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$390 Mil. Hence, Kasen International Holdings's Days Payable for the six months ended in Dec. 2023 was 118.41.

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

HKSE:00496' s Days Payable Range Over the Past 10 Years
Min: 128.28 Med: 205.97 Max: 442.63
Current: 141.37

During the past 13 years, Kasen International Holdings's highest Days Payable was 442.63. The lowest was 128.28. And the median was 205.97.

HKSE:00496's Days Payable is ranked better than
60.37% of 1572 companies
in the Real Estate industry
Industry Median: 100.22 vs HKSE:00496: 141.37

Kasen International Holdings's Days Payable declined from Dec. 2022 (280.31) to Dec. 2023 (118.41). It may suggest that Kasen International Holdings accelerated paying its suppliers.

Kasen International Holdings Days Payable Historical Data

The historical data trend for Kasen International 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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Kasen International Holdings Days Payable Chart

Kasen International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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128.28

267.27

192.58

217.90

152.05

Kasen International Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															218.30	319.71	280.31	161.10	118.41

Competitive Comparison of Kasen International Holdings's Days Payable

For the Real Estate - Development subindustry, Kasen International 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.

Kasen International Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kasen International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Kasen International Holdings's Days Payable falls into.

Kasen International 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.

Kasen International 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
=	( (265.486	+	287.761)	/	2 )	/	664.034	*	365
=	276.6235					/	664.034	*	365
=	152.05

Kasen International 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (218.31	+	287.761)	/	2 )	/	389.998	*	365 / 2
=	253.0355					/	389.998	*	365 / 2
=	118.41

Kasen International Holdings Days Payable Related Terms

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Kasen International Holdings (HKSE:00496) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kasen International Holdings Ltd (HKSE:00496) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 236, Haizhou Road West, Building 1, Zhejiang Province, Haining, CHN, 314400

Website

https://www.kasen.com.cn

Kasen International Holdings Ltd is an investment holding company. It has three segments namely Manufacturing and trading of Upholstered Furniture, Property Development, and Others. It generates maximum revenue from the Property Development segment. Geographically, it derives maximum revenue from China including Hong Kong, and also has a presence in the United States, Europe, and Other countries.

Executives

Team Ease Limited	2101 Beneficial owner
Xu Helin	2201 Interest of corporation controlled by you
Joyview Enterprises Limited
Prosperity And Wealth Limited
Chen Dianer	2201 Interest of corporation controlled by you
Zhu Zhangjin

Kasen International Holdings (HKSE:00496) Headlines

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