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New Provenance Everlasting Holdings (HKSE:02326) Days Payable : 294.76 (As of Sep. 2023)


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What is New Provenance Everlasting Holdings Days Payable?

New Provenance Everlasting Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$1,155 Mil. New Provenance Everlasting Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$715 Mil. Hence, New Provenance Everlasting Holdings's Days Payable for the six months ended in Sep. 2023 was 294.76.

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

HKSE:02326' s Days Payable Range Over the Past 10 Years
Min: 46.43   Med: 160.48   Max: 330.7
Current: 173.42

During the past 13 years, New Provenance Everlasting Holdings's highest Days Payable was 330.70. The lowest was 46.43. And the median was 160.48.

HKSE:02326's Days Payable is ranked better than
54.31% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs HKSE:02326: 173.42

New Provenance Everlasting Holdings's Days Payable increased from Sep. 2022 (84.47) to Sep. 2023 (294.76). It may suggest that New Provenance Everlasting Holdings delayed paying its suppliers.


New Provenance Everlasting Holdings Days Payable Historical Data

The historical data trend for New Provenance Everlasting 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.

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New Provenance Everlasting Holdings Days Payable Chart

New Provenance Everlasting Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 224.83 111.58 206.43 330.70 129.45

New Provenance Everlasting Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 486.68 46.95 84.47 129.26 294.76

Competitive Comparison of New Provenance Everlasting Holdings's Days Payable

For the Other Industrial Metals & Mining subindustry, New Provenance Everlasting 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.


New Provenance Everlasting Holdings's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where New Provenance Everlasting Holdings's Days Payable falls into.



New Provenance Everlasting 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.

New Provenance Everlasting Holdings'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
=( (45.84 + 1280.023) / 2 ) / 1869.19*365
=662.9315 / 1869.19*365
=129.45

New Provenance Everlasting Holdings'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
=( (1280.023 + 1030.727) / 2 ) / 715.339*365 / 2
=1155.375 / 715.339*365 / 2
=294.76

* 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.


New Provenance Everlasting Holdings Days Payable Related Terms

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New Provenance Everlasting Holdings (HKSE:02326) Business Description

Traded in Other Exchanges
N/A
Address
No. 6-8 Harbour Road, Unit 1102, 11/F, Shui On Centre, Wanchai, Hong Kong, HKG
New Provenance Everlasting Holdings Ltd is engaged in the sourcing and sale of metal minerals and related industrial materials. Its business segments consist of Sourcing and sale of metal minerals and related industrial materials; Production and sale of industrial products and Others. Geographically company generates most of its revenue from China market.
Executives
Sun Le 2201 Interest of corporation controlled by you
Sheen Success Investments Limited 2101 Beneficial owner

New Provenance Everlasting Holdings (HKSE:02326) Headlines

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