NVC International Holdings (HKSE:02222) Days Payable : 83.77 (As of Dec. 2023)

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What is NVC International Holdings Days Payable?

NVC International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$295 Mil. NVC International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$643 Mil. Hence, NVC International Holdings's Days Payable for the six months ended in Dec. 2023 was 83.77.

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

HKSE:02222' s Days Payable Range Over the Past 10 Years
Min: 77.98 Med: 119.19 Max: 303.48
Current: 77.98

During the past 13 years, NVC International Holdings's highest Days Payable was 303.48. The lowest was 77.98. And the median was 119.19.

HKSE:02222's Days Payable is ranked better than
57.14% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 68.06 vs HKSE:02222: 77.98

NVC International Holdings's Days Payable declined from Dec. 2022 (86.77) to Dec. 2023 (83.77). It may suggest that NVC International Holdings accelerated paying its suppliers.

NVC International Holdings Days Payable Historical Data

The historical data trend for NVC 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.

NVC International Holdings Days Payable Chart

NVC International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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209.87

115.40

122.98

108.85

78.05

NVC 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															109.59	111.40	86.77	72.51	83.77

Competitive Comparison of NVC International Holdings's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, NVC 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.

NVC International Holdings's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, NVC International Holdings's Days Payable distribution charts can be found below:

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

NVC 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.

NVC 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
=	( (255.299	+	308.058)	/	2 )	/	1317.201	*	365
=	281.6785					/	1317.201	*	365
=	78.05

NVC 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
=	( (282.113	+	308.058)	/	2 )	/	642.871	*	365 / 2
=	295.0855					/	642.871	*	365 / 2
=	83.77

NVC International Holdings Days Payable Related Terms

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NVC International Holdings (HKSE:02222) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » NVC International Holdings Ltd (HKSE:02222) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phase 3, Hong Kong Science Park, Unit 705, 7th Floor, Building 20E, Pak Shek Kok, Hong Kong, HKG

Website

https://www.nvc-international.com

NVC International Holdings Ltd is engaged in the lighting industry. Its segment includes NVC brand lighting products - international market, Non-NVC brand lighting products - domestic market, and Non-NVC brand lighting products - international market It offers lighting solutions to hospitality, commercial, and corporate projects across varied industries sectors. The products offered by the company include LED Floodlights, LED Inground lights, LED Under canopy lighting, and LED Linear lighting among others. majority of the revenue of the company is generated from the United States.

NVC International Holdings (HKSE:02222) Headlines

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