King's Flair International (Holdings) (HKSE:06822) Days Payable : 29.54 (As of Dec. 2023)

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What is King's Flair International (Holdings) Days Payable?

King's Flair International (Holdings)'s average Accounts Payable for the six months ended in Dec. 2023 was HK$42.5 Mil. King's Flair International (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$262.9 Mil. Hence, King's Flair International (Holdings)'s Days Payable for the six months ended in Dec. 2023 was 29.54.

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

HKSE:06822' s Days Payable Range Over the Past 10 Years
Min: 23.62 Med: 30.38 Max: 48.33
Current: 32.62

During the past 11 years, King's Flair International (Holdings)'s highest Days Payable was 48.33. The lowest was 23.62. And the median was 30.38.

HKSE:06822's Days Payable is ranked worse than
83.25% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.03 vs HKSE:06822: 32.62

King's Flair International (Holdings)'s Days Payable increased from Dec. 2022 (27.48) to Dec. 2023 (29.54). It may suggest that King's Flair International (Holdings) delayed paying its suppliers.

King's Flair International (Holdings) Days Payable Historical Data

The historical data trend for King's Flair 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.

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King's Flair International (Holdings) Days Payable Chart

King's Flair International (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.01

40.75

26.14

23.62

36.42

King's Flair 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															19.89	22.29	27.48	31.98	29.54

Competitive Comparison of King's Flair International (Holdings)'s Days Payable

For the Furnishings, Fixtures & Appliances subindustry, King's Flair 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.

King's Flair International (Holdings)'s Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where King's Flair International (Holdings)'s Days Payable falls into.

King's Flair 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.

King's Flair 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
=	( (52.049	+	50.011)	/	2 )	/	511.47	*	365
=	51.03					/	511.47	*	365
=	36.42

King's Flair 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
=	( (35.07	+	50.011)	/	2 )	/	262.853	*	365 / 2
=	42.5405					/	262.853	*	365 / 2
=	29.54

King's Flair International (Holdings) Days Payable Related Terms

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King's Flair International (Holdings) (HKSE:06822) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » King's Flair International (Holdings) Ltd (HKSE:06822) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Connaught Road West, 12th Floor, Yardley Commercial Building, Sheung Wan, Hong Kong, HKG

Website

https://www.kingsflair.com.hk

King's Flair International (Holdings) Ltd is an integrated one-stop kitchenware and household product solution provider. The core products of the group include kitchenware and household products, drinkware, tools and gadgets, bakeware and accessories, and food preparation products. The company operates across the United States, Europe, Asia, Canada, and other locations. It operates in two segments, the trading of kitchenware and household products, which is the key revenue-generating segment, and the trading of raw materials.

King's Flair International (Holdings) (HKSE:06822) Headlines

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