China-Hongkong Photo Products Holdings (HKSE:01123) Days Payable : 24.99 (As of Sep. 2023)

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What is China-Hongkong Photo Products Holdings Days Payable?

China-Hongkong Photo Products Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$58 Mil. China-Hongkong Photo Products Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$426 Mil. Hence, China-Hongkong Photo Products Holdings's Days Payable for the six months ended in Sep. 2023 was 24.99.

The historical rank and industry rank for China-Hongkong Photo Products Holdings's Days Payable or its related term are showing as below:

HKSE:01123' s Days Payable Range Over the Past 10 Years
Min: 24.74 Med: 34.41 Max: 51.6
Current: 25.97

During the past 13 years, China-Hongkong Photo Products Holdings's highest Days Payable was 51.60. The lowest was 24.74. And the median was 34.41.

HKSE:01123's Days Payable is ranked worse than
76.53% of 754 companies
in the Travel & Leisure industry
Industry Median: 57.805 vs HKSE:01123: 25.97

China-Hongkong Photo Products Holdings's Days Payable declined from Sep. 2022 (26.41) to Sep. 2023 (24.99). It may suggest that China-Hongkong Photo Products Holdings accelerated paying its suppliers.

China-Hongkong Photo Products Holdings Days Payable Historical Data

The historical data trend for China-Hongkong Photo Products 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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China-Hongkong Photo Products Holdings Days Payable Chart

China-Hongkong Photo Products Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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35.04

33.77

24.74

26.17

26.67

China-Hongkong Photo Products 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															26.34	24.22	26.41	26.96	24.99

Competitive Comparison of China-Hongkong Photo Products Holdings's Days Payable

For the Leisure subindustry, China-Hongkong Photo Products 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.

China-Hongkong Photo Products Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, China-Hongkong Photo Products Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where China-Hongkong Photo Products Holdings's Days Payable falls into.

China-Hongkong Photo Products 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.

China-Hongkong Photo Products 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
=	( (60.32	+	58.565)	/	2 )	/	813.444	*	365
=	59.4425					/	813.444	*	365
=	26.67

China-Hongkong Photo Products 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
=	( (58.565	+	58.136)	/	2 )	/	426.057	*	365 / 2
=	58.3505					/	426.057	*	365 / 2
=	24.99

China-Hongkong Photo Products Holdings Days Payable Related Terms

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China-Hongkong Photo Products Holdings (HKSE:01123) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » China-Hongkong Photo Products Holdings Ltd (HKSE:01123) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

220-248 Texaco Road, 8th Floor, Tsuen Wan Industrial Centre, Tsuen Wan, Hong Kong, HKG

Website

http://www.chinahkphoto.com.hk

China-Hongkong Photo Products Holdings Ltd is an investment holding company. The company's operating segment includes Merchandise; Service; Investment and Corporate and 0thers. Its Merchandise segment is engaged in the marketing and distribution of photographic developing, processing and printing products as well as the sale of photographic merchandise, skincare products, consumer electronic products, and household appliances. It generates maximum revenue from the Merchandise segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in the People's Republic of China.

Executives

Tricor Equity Trustee Limited	2301 Trustee
Sun Tai Lun
Sun Tao Hsi, Ryan	2305 Beneficiary of a trust

China-Hongkong Photo Products Holdings (HKSE:01123) Headlines

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