Kingmaker Footwear Holdings (HKSE:01170) Days Payable : 54.58 (As of Sep. 2023)

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What is Kingmaker Footwear Holdings Days Payable?

Kingmaker Footwear Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$108.0 Mil. Kingmaker Footwear Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$361.2 Mil. Hence, Kingmaker Footwear Holdings's Days Payable for the six months ended in Sep. 2023 was 54.58.

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

HKSE:01170' s Days Payable Range Over the Past 10 Years
Min: 35.6 Med: 46.18 Max: 64.86
Current: 61.74

During the past 13 years, Kingmaker Footwear Holdings's highest Days Payable was 64.86. The lowest was 35.60. And the median was 46.18.

HKSE:01170's Days Payable is ranked better than
54.64% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs HKSE:01170: 61.74

Kingmaker Footwear Holdings's Days Payable increased from Sep. 2022 (50.99) to Sep. 2023 (54.58). It may suggest that Kingmaker Footwear Holdings delayed paying its suppliers.

Kingmaker Footwear Holdings Days Payable Historical Data

The historical data trend for Kingmaker Footwear 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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Kingmaker Footwear Holdings Days Payable Chart

Kingmaker Footwear Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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42.52

35.60

53.52

64.86

53.11

Kingmaker Footwear 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															49.16	51.51	50.99	67.45	54.58

Competitive Comparison of Kingmaker Footwear Holdings's Days Payable

For the Footwear & Accessories subindustry, Kingmaker Footwear 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.

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

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

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

Kingmaker Footwear 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.

Kingmaker Footwear 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
=	( (159.743	+	123.229)	/	2 )	/	972.351	*	365
=	141.486					/	972.351	*	365
=	53.11

Kingmaker Footwear 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
=	( (123.229	+	92.81)	/	2 )	/	361.213	*	365 / 2
=	108.0195					/	361.213	*	365 / 2
=	54.58

Kingmaker Footwear Holdings Days Payable Related Terms

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Kingmaker Footwear Holdings (HKSE:01170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kingmaker Footwear Holdings Ltd (HKSE:01170) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KMSWF:USA

Address

17-19 Chatham Road South, 17th Floor, Empress Plaza, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

http://www.kingmaker-footwear.com

Kingmaker Footwear Holdings Ltd is a Hong Kong-based company involved in the footwear business. The company focuses on the production of athletic, lifestyle shoes, rugged footwear, and children's shoes. The firm has two operating segments, Manufacturing and sale of footwear products; and Property Investment. It derives a majority of its revenue from the Manufacturing and sale of footwear products. Geographically, the group has a business presence in the United States Asia, Europe, and Other countries, the firm generates the majority of its revenue from the United States.

Kingmaker Footwear Holdings (HKSE:01170) Headlines

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