PanAsialum Holdings Co (HKSE:02078) Days Payable : 19.43 (As of Dec. 2023)

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What is PanAsialum Holdings Co Days Payable?

PanAsialum Holdings Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$50 Mil. PanAsialum Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$465 Mil. Hence, PanAsialum Holdings Co's Days Payable for the six months ended in Dec. 2023 was 19.43.

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

HKSE:02078' s Days Payable Range Over the Past 10 Years
Min: 18.64 Med: 23.64 Max: 27.43
Current: 21.3

During the past 9 years, PanAsialum Holdings Co's highest Days Payable was 27.43. The lowest was 18.64. And the median was 23.64.

HKSE:02078's Days Payable is ranked worse than
91.3% of 1069 companies
in the Metals & Mining industry
Industry Median: 138.32 vs HKSE:02078: 21.30

PanAsialum Holdings Co's Days Payable declined from Dec. 2022 (28.33) to Dec. 2023 (19.43). It may suggest that PanAsialum Holdings Co accelerated paying its suppliers.

PanAsialum Holdings Co Days Payable Historical Data

The historical data trend for PanAsialum Holdings 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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PanAsialum Holdings Co Days Payable Chart

PanAsialum Holdings Co Annual Data

Trend

Sep12

Sep13

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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18.64

23.64

27.43

21.41

25.03

PanAsialum Holdings Co Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial														28.79	24.10	28.33	19.46	19.43

Competitive Comparison of PanAsialum Holdings Co's Days Payable

For the Aluminum subindustry, PanAsialum Holdings 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.

PanAsialum Holdings Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PanAsialum Holdings Co's Days Payable distribution charts can be found below:

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

PanAsialum Holdings 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.

PanAsialum Holdings Co'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
=	( (53.802	+	65.896)	/	2 )	/	872.893	*	365
=	59.849					/	872.893	*	365
=	25.03

PanAsialum Holdings Co'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
=	( (33.146	+	65.896)	/	2 )	/	465.117	*	365 / 2
=	49.521					/	465.117	*	365 / 2
=	19.43

PanAsialum Holdings Co Days Payable Related Terms

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PanAsialum Holdings Co (HKSE:02078) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PanAsialum Holdings Co Ltd (HKSE:02078) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

57 Hung To Road, Unit 05, 17th Floor, Nanyang Plaza, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.palum.com

PanAsialum Holdings Co Ltd is an Investment holding company engaged in the manufacture and sale of aluminum products. Its products include the Radiator series, Solar frame series, Motor car skirt board and auto parts, Electronic product accessories series, Railing series, and Door and Window series. Its segment includes the manufacture and trading of aluminum products and, investment properties. It generates the majority of its revenue from aluminum products. Geographically, it derives the majority revenue from the PRC and also has an operation in Australia, North America, Hong Kong, and Other countries.

Executives

Genesis Trust & Corporate Services Ltd.	2301 Trustee
Pan Zhaolong	2501 Other

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