Hang Pin Living Technology Co (HKSE:01682) Days Payable : 80.13 (As of Sep. 2023)

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What is Hang Pin Living Technology Co Days Payable?

Hang Pin Living Technology Co's average Accounts Payable for the six months ended in Sep. 2023 was HK$26.0 Mil. Hang Pin Living Technology Co's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$59.2 Mil. Hence, Hang Pin Living Technology Co's Days Payable for the six months ended in Sep. 2023 was 80.13.

The historical rank and industry rank for Hang Pin Living Technology Co's Days Payable or its related term are showing as below:

HKSE:01682' s Days Payable Range Over the Past 10 Years
Min: 30.11 Med: 76.21 Max: 162.29
Current: 76.02

During the past 13 years, Hang Pin Living Technology Co's highest Days Payable was 162.29. The lowest was 30.11. And the median was 76.21.

HKSE:01682's Days Payable is ranked better than
64.45% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.86 vs HKSE:01682: 76.02

Hang Pin Living Technology Co's Days Payable declined from Sep. 2022 (91.05) to Sep. 2023 (80.13). It may suggest that Hang Pin Living Technology Co accelerated paying its suppliers.

Hang Pin Living Technology Co Days Payable Historical Data

The historical data trend for Hang Pin Living Technology Co'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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Hang Pin Living Technology Co Days Payable Chart

Hang Pin Living Technology Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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162.29

30.11

40.96

68.09

114.09

Hang Pin Living Technology Co 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															69.47	95.91	91.05	96.50	80.13

Competitive Comparison of Hang Pin Living Technology Co's Days Payable

For the Apparel Manufacturing subindustry, Hang Pin Living Technology Co'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.

Hang Pin Living Technology Co's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Hang Pin Living Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hang Pin Living Technology Co's Days Payable falls into.

Hang Pin Living Technology Co 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.

Hang Pin Living Technology Co'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
=	( (31.754	+	41.821)	/	2 )	/	117.688	*	365
=	36.7875					/	117.688	*	365
=	114.09

Hang Pin Living Technology Co'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
=	( (41.821	+	10.12)	/	2 )	/	59.151	*	365 / 2
=	25.9705					/	59.151	*	365 / 2
=	80.13

Hang Pin Living Technology Co Days Payable Related Terms

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Hang Pin Living Technology Co (HKSE:01682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hang Pin Living Technology Co Ltd (HKSE:01682) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Room 2101, 21st Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

http://www.hk01682.com

Hang Pin Living Technology Co Ltd is principally engaged in the Garment sourcing; and the Provision of financial services business. It operates in two segments namely Garment sourcing and Provision of financial service. It offers a comprehensive range of sourcing management services and expertise, including product design and product development, sampling, product offering, sourcing, outsourcing, logistics and delivery, and overseas sales capabilities. Majority revenue is derived from the garment sourcing business.

Executives

Ng Leung Ho	2201 Interest of corporation controlled by you
Rosy Lane International Limited	2101 Beneficial owner
Zhi Hua	2201 Interest of corporation controlled by you

Hang Pin Living Technology Co (HKSE:01682) Headlines

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