Kai Yuan Holdings (HKSE:01215) Days Payable : 4.24 (As of Dec. 2023)

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What is Kai Yuan Holdings Days Payable?

Kai Yuan Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$2.8 Mil. Kai Yuan Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$118.8 Mil. Hence, Kai Yuan Holdings's Days Payable for the six months ended in Dec. 2023 was 4.24.

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

HKSE:01215' s Days Payable Range Over the Past 10 Years
Min: 5.86 Med: 11.66 Max: 880.77
Current: 6.91

During the past 13 years, Kai Yuan Holdings's highest Days Payable was 880.77. The lowest was 5.86. And the median was 11.66.

HKSE:01215's Days Payable is ranked worse than
95.65% of 759 companies
in the Travel & Leisure industry
Industry Median: 59.8 vs HKSE:01215: 6.91

Kai Yuan Holdings's Days Payable declined from Dec. 2022 (8.25) to Dec. 2023 (4.24). It may suggest that Kai Yuan Holdings accelerated paying its suppliers.

Kai Yuan Holdings Days Payable Historical Data

The historical data trend for Kai Yuan 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.

* Premium members only.

Kai Yuan Holdings Days Payable Chart

Kai Yuan Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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7.71

10.10

5.86

10.07

8.00

Kai Yuan 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															2.44	3.43	8.25	8.80	4.24

Competitive Comparison of Kai Yuan Holdings's Days Payable

For the Lodging subindustry, Kai Yuan 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.

Kai Yuan Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kai Yuan Holdings's Days Payable distribution charts can be found below:

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

Kai Yuan 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.

Kai Yuan 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
=	( (7.157	+	2.625)	/	2 )	/	223.127	*	365
=	4.891					/	223.127	*	365
=	8.00

Kai Yuan 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
=	( (2.898	+	2.625)	/	2 )	/	118.818	*	365 / 2
=	2.7615					/	118.818	*	365 / 2
=	4.24

Kai Yuan Holdings Days Payable Related Terms

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Kai Yuan Holdings (HKSE:01215) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kai Yuan Holdings Ltd (HKSE:01215) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

178 Gloucester Road, 28th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG

Website

https://www.kaiyuanholdings.com

Kai Yuan Holdings Ltd is an investment holding company. The company is organized into two segments - the Hotel Operation segment engaged in the operation of hotel businesses in Hong Kong and France, and the Money-Lending segment engaged in providing mortgage loans in Hong Kong. It generates maximum revenue from the hotel operation segment.

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