Classified Group (Holdings) (HKSE:08232) Days Payable : 22.72 (As of Dec. 2023)

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What is Classified Group (Holdings) Days Payable?

Classified Group (Holdings)'s average Accounts Payable for the three months ended in Dec. 2023 was HK$1.70 Mil. Classified Group (Holdings)'s Cost of Goods Sold for the three months ended in Dec. 2023 was HK$6.82 Mil. Hence, Classified Group (Holdings)'s Days Payable for the three months ended in Dec. 2023 was 22.72.

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

HKSE:08232' s Days Payable Range Over the Past 10 Years
Min: 16.32 Med: 25 Max: 174.44
Current: 22.99

During the past 10 years, Classified Group (Holdings)'s highest Days Payable was 174.44. The lowest was 16.32. And the median was 25.00.

HKSE:08232's Days Payable is ranked worse than
78.82% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs HKSE:08232: 22.99

Classified Group (Holdings)'s Days Payable declined from Dec. 2022 (29.96) to Dec. 2023 (22.72). It may suggest that Classified Group (Holdings) accelerated paying its suppliers.

Classified Group (Holdings) Days Payable Historical Data

The historical data trend for Classified Group (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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Classified Group (Holdings) Days Payable Chart

Classified Group (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16.32

20.58

19.46

24.65

23.56

Classified Group (Holdings) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															29.96	24.50	21.64	21.95	22.72

Competitive Comparison of Classified Group (Holdings)'s Days Payable

For the Restaurants subindustry, Classified Group (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.

Classified Group (Holdings)'s Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Classified Group (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Classified Group (Holdings)'s Days Payable falls into.

Classified Group (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.

Classified Group (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
=	( (1.85	+	1.699)	/	2 )	/	27.488	*	365
=	1.7745					/	27.488	*	365
=	23.56

Classified Group (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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	1.699)	/	1 )	/	6.823	*	365 / 4
=	1.699					/	6.823	*	365 / 4
=	22.72

Classified Group (Holdings) Days Payable Related Terms

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Classified Group (Holdings) (HKSE:08232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Classified Group (Holdings) Ltd (HKSE:08232) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Wong Chuk Hang Road, 2nd Floor, Cheung Tak Industrial Building, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.classifiedgroup.com.hk

Classified Group (Holdings) Ltd is a food and beverage company. It is engaged in the Casual restaurant operations segment in which customers would place orders at the front desk and basic table service is provided by the delivery of ordered food to the table. The casual restaurants aim to provide a more casual and relaxing atmosphere. All the group's operations are located in Hong Kong.

Executives

Vms Investment Group Limited	2101 Beneficial owner
Peyton Global Limited	2101 Beneficial owner
Wiltshire Global Limited	2101 Beneficial owner
Mak Siu Hang Viola	2201 Interest of corporation controlled by you
Cheng Chi Man	2202 Interest of your spouse
Pong Kin Yee	2201 Interest of corporation controlled by you
Lee Yuen Ching Charmaine	2202 Interest of your spouse
Wong Arnold Chi Chiu	2201 Interest of corporation controlled by you
Millennium Pacific Information Technology Limited	2101 Beneficial owner

Classified Group (Holdings) (HKSE:08232) Headlines

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