Miko International Holdings (HKSE:01247) Days Payable : 121.57 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Miko International Holdings Days Payable?

Miko International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$54.4 Mil. Miko International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$81.7 Mil. Hence, Miko International Holdings's Days Payable for the six months ended in Dec. 2023 was 121.57.

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

HKSE:01247' s Days Payable Range Over the Past 10 Years
Min: 6.88 Med: 13.39 Max: 100.6
Current: 100.6

During the past 12 years, Miko International Holdings's highest Days Payable was 100.60. The lowest was 6.88. And the median was 13.39.

HKSE:01247's Days Payable is ranked better than
77.03% of 1023 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs HKSE:01247: 100.60

Miko International Holdings's Days Payable increased from Dec. 2022 (81.07) to Dec. 2023 (121.57). It may suggest that Miko International Holdings delayed paying its suppliers.

Miko International Holdings Days Payable Historical Data

The historical data trend for Miko International 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.

Miko International Holdings Days Payable Chart

Miko International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

6.88

12.61

13.48

13.30

53.85

Miko International 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															44.51	175.14	81.07	127.54	121.57

Competitive Comparison of Miko International Holdings's Days Payable

For the Apparel Manufacturing subindustry, Miko International 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.

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

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

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

Miko International 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.

Miko International 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
=	( (4.285	+	36.086)	/	2 )	/	136.809	*	365
=	20.1855					/	136.809	*	365
=	53.85

Miko International 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
=	( (72.752	+	36.086)	/	2 )	/	81.694	*	365 / 2
=	54.419					/	81.694	*	365 / 2
=	121.57

Miko International Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Miko International Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Miko International Holdings (HKSE:01247) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Miko International Holdings Ltd (HKSE:01247) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168, Chong Rong Street, Economic Technology Development Zone, Hongbaber Industrial Park, Fujian Province, Quanzhou, CHN, 362000

Website

http://www.redkids.com

Miko International Holdings Ltd along with its subsidiaries is principally engaged in the business of design, manufacture, and sales of children's apparel products. The business operates in two segments namely manufacture and wholesale of children's apparel products and retail outlets of children's apparel products. The wholesaler segment generates maximum revenue for the company. All of its revenue is generated from Mainland China.

Miko International Holdings (HKSE:01247) Headlines

No Headlines