Kelfred Holdings (HKSE:01134) Days Payable : 40.94 (As of Dec. 2023)

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What is Kelfred Holdings Days Payable?

Kelfred Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$39.1 Mil. Kelfred Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$174.5 Mil. Hence, Kelfred Holdings's Days Payable for the six months ended in Dec. 2023 was 40.94.

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

HKSE:01134' s Days Payable Range Over the Past 10 Years
Min: 42.79 Med: 61.57 Max: 75.77
Current: 42.79

During the past 8 years, Kelfred Holdings's highest Days Payable was 75.77. The lowest was 42.79. And the median was 61.57.

HKSE:01134's Days Payable is ranked worse than
73.41% of 786 companies
in the Medical Devices & Instruments industry
Industry Median: 72.855 vs HKSE:01134: 42.79

Kelfred Holdings's Days Payable declined from Dec. 2022 (47.51) to Dec. 2023 (40.94). It may suggest that Kelfred Holdings accelerated paying its suppliers.

Kelfred Holdings Days Payable Historical Data

The historical data trend for Kelfred 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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Kelfred Holdings Days Payable Chart

Kelfred Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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61.36

75.77

59.45

43.42

45.67

Kelfred Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									43.56	46.78	47.51	41.78	40.94

Competitive Comparison of Kelfred Holdings's Days Payable

For the Medical Instruments & Supplies subindustry, Kelfred 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.

Kelfred Holdings's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Kelfred Holdings's Days Payable distribution charts can be found below:

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

Kelfred 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.

Kelfred 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
=	( (39.983	+	44.175)	/	2 )	/	336.305	*	365
=	42.079					/	336.305	*	365
=	45.67

Kelfred 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
=	( (34.108	+	44.175)	/	2 )	/	174.479	*	365 / 2
=	39.1415					/	174.479	*	365 / 2
=	40.94

Kelfred Holdings Days Payable Related Terms

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Kelfred Holdings (HKSE:01134) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Kelfred Holdings Ltd (HKSE:01134) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 On Ping Street, Workshops 1605-1606, 16th Floor, Block B, New Trade Plaza, Sha Tin, New Territories, Hong Kong, HKG

Website

https://www.kelfred.com.hk

Kelfred Holdings Ltd is an eyewear manufacturer in the PRC and Hong Kong. It manufactures and sells a wide range of spectacle frames and sunglasses mainly through original design manufacturing and original equipment manufacturing business models. It offers integrated and customized services which include product design and development, raw materials procurement, production, quality control, packaging, and delivery. In addition to the traditional OEM and ODM business models, the group also offers its original brand manufacturing (OBM) products under the brand Miga. The group operates in Italy, United Kingdom, Netherlands, Hong Kong, France, Spain, Japan, Hungary, the United States, and others.

Kelfred Holdings (HKSE:01134) Headlines

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