Satu Holdings (HKSE:08392) Days Payable : 18.23 (As of Sep. 2023)

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What is Satu Holdings Days Payable?

Satu Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$1.47 Mil. Satu Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$7.36 Mil. Hence, Satu Holdings's Days Payable for the three months ended in Sep. 2023 was 18.23.

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

HKSE:08392' s Days Payable Range Over the Past 10 Years
Min: 2.76 Med: 10.64 Max: 25.34
Current: 24.1

During the past 8 years, Satu Holdings's highest Days Payable was 25.34. The lowest was 2.76. And the median was 10.64.

HKSE:08392's Days Payable is ranked worse than
92.86% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 68.06 vs HKSE:08392: 24.10

Satu Holdings's Days Payable declined from Sep. 2022 (21.55) to Sep. 2023 (18.23). It may suggest that Satu Holdings accelerated paying its suppliers.

Satu Holdings Days Payable Historical Data

The historical data trend for Satu 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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Satu Holdings Days Payable Chart

Satu Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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10.63

9.24

7.87

2.76

10.65

Satu 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															21.55	34.62	18.91	21.14	18.23

Competitive Comparison of Satu Holdings's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Satu 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.

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

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

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

Satu 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.

Satu 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
=	( (0.588	+	1.9)	/	2 )	/	42.616	*	365
=	1.244					/	42.616	*	365
=	10.65

Satu 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	+	1.471)	/	1 )	/	7.362	*	365 / 4
=	1.471					/	7.362	*	365 / 4
=	18.23

Satu Holdings Days Payable Related Terms

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Satu Holdings (HKSE:08392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Satu Holdings Ltd (HKSE:08392) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

57 Hung To Road, Unit 2504, 25th Floor, Nanyang Plaza, 57 Hung To Road, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.bnc.cc

Satu Holdings Ltd is a company principally engaged in the design, development, and production management of homeware products. The Company's products are classified into three categories including home decorations, bathroom accessories, and kitchenware and tableware. The Company's home decorations products are the decorations exhibited at home, including vases, tealight holders, and jewelry dishes. The Company's kitchenware and tableware products are utensils used in the kitchen and articles used on the table at meals, including teapots, cups, and oil bottles.

Executives

Hearthfire Limited
Present Moment Limited
She Leung Choi
Chan Lai Yin

Satu Holdings (HKSE:08392) Headlines

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