Medicskin Holdings (HKSE:08307) Days Payable : 18.14 (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Medicskin Holdings Days Payable?

Medicskin Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$0.48 Mil. Medicskin Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$2.41 Mil. Hence, Medicskin Holdings's Days Payable for the three months ended in Sep. 2023 was 18.14.

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

HKSE:08307' s Days Payable Range Over the Past 10 Years
Min: 10.28 Med: 21.9 Max: 32.95
Current: 17.24

During the past 10 years, Medicskin Holdings's highest Days Payable was 32.95. The lowest was 10.28. And the median was 21.90.

HKSE:08307's Days Payable is ranked worse than
86.29% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 62.11 vs HKSE:08307: 17.24

Medicskin Holdings's Days Payable declined from Sep. 2022 (36.65) to Sep. 2023 (18.14). It may suggest that Medicskin Holdings accelerated paying its suppliers.

Medicskin Holdings Days Payable Historical Data

The historical data trend for Medicskin 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.

Medicskin Holdings Days Payable Chart

Medicskin Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

Get a 7-Day Free Trial

21.84

18.42

25.83

23.14

10.28

Medicskin Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															36.65	26.26	8.23	9.55	18.14

Competitive Comparison of Medicskin Holdings's Days Payable

For the Medical Care Facilities subindustry, Medicskin 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.

Medicskin Holdings's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medicskin Holdings's Days Payable distribution charts can be found below:

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

Medicskin 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.

Medicskin 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
=	( (0.246	+	0.253)	/	2 )	/	8.863	*	365
=	0.2495					/	8.863	*	365
=	10.28

Medicskin 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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0.479)	/	1 )	/	2.409	*	365 / 4
=	0.479					/	2.409	*	365 / 4
=	18.14

Medicskin Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Medicskin Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Medicskin Holdings (HKSE:08307) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medicskin Holdings Ltd (HKSE:08307) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

287-291 Des Voeux Road, Flat A-C, 16th Floor, Champion Building, Central, Hong Kong, HKG

Website

https://www.medicskinholdings.com

Medicskin Holdings Ltd is a medical skin care service provider. It is engaged in providing services for inter alia, acne, pigmentation, rosacea, dermatitis, eczema and warts, skin rejuvenation, facial sculpturing and body contouring, treatment for acne scars and enlarged pores, removal of undesirable naevi, and hair removal. The company operates through a single segment namely Consultation Service, Prescription and Dispensing Service, and Treatment Services. It offers services throughout Hong Kong.

Executives

Topline Worldwide Limited	2101 Beneficial owner
Kong Kwok Leung	2201 Interest of corporation controlled by you

Medicskin Holdings (HKSE:08307) Headlines

No Headlines