Namyue Holdings (HKSE:01058) Days Payable : 82.44 (As of Dec. 2023)

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What is Namyue Holdings Days Payable?

Namyue Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$32.05 Mil. Namyue Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$70.94 Mil. Hence, Namyue Holdings's Days Payable for the six months ended in Dec. 2023 was 82.44.

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

HKSE:01058' s Days Payable Range Over the Past 10 Years
Min: 36.86 Med: 64.86 Max: 96.65
Current: 96.65

During the past 13 years, Namyue Holdings's highest Days Payable was 96.65. The lowest was 36.86. And the median was 64.86.

HKSE:01058's Days Payable is ranked better than
75.51% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs HKSE:01058: 96.65

Namyue Holdings's Days Payable declined from Dec. 2022 (92.29) to Dec. 2023 (82.44). It may suggest that Namyue Holdings accelerated paying its suppliers.

Namyue Holdings Days Payable Historical Data

The historical data trend for Namyue 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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Namyue Holdings Days Payable Chart

Namyue Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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71.12

79.48

70.55

95.52

95.67

Namyue 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															85.08	96.20	92.29	123.20	82.44

Competitive Comparison of Namyue Holdings's Days Payable

For the Footwear & Accessories subindustry, Namyue 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.

Namyue Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Namyue Holdings's Days Payable distribution charts can be found below:

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

Namyue 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.

Namyue 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
=	( (24.054	+	34.113)	/	2 )	/	110.963	*	365
=	29.0835					/	110.963	*	365
=	95.67

Namyue 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
=	( (29.979	+	34.113)	/	2 )	/	70.942	*	365 / 2
=	32.046					/	70.942	*	365 / 2
=	82.44

Namyue Holdings Days Payable Related Terms

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Namyue Holdings (HKSE:01058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Namyue Holdings Ltd (HKSE:01058) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

148 Connaught Road Central, 29th Floor, Guangdong Investment Tower, Hong Kong, HKG

Website

https://www.namyueholdings.com

Namyue Holdings Ltd is involved in the lease of plant and machinery, processing of cowhides, leather trading, and processing and sale of semi-finished and finished leather in PRC. The company's revenue is generated from the sale of processed leather.

Namyue Holdings (HKSE:01058) Headlines

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