JF Wealth Holdings (HKSE:09636) Days Payable : 2.61 (As of Dec. 2023)

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What is JF Wealth Holdings Days Payable?

JF Wealth Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$3 Mil. JF Wealth Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$193 Mil. Hence, JF Wealth Holdings's Days Payable for the six months ended in Dec. 2023 was 2.61.

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

HKSE:09636' s Days Payable Range Over the Past 10 Years
Min: 1.72 Med: 114.96 Max: 875.08
Current: 1.72

During the past 5 years, JF Wealth Holdings's highest Days Payable was 875.08. The lowest was 1.72. And the median was 114.96.

HKSE:09636's Days Payable is ranked worse than
93.43% of 213 companies
in the Education industry
Industry Median: 37.29 vs HKSE:09636: 1.72

JF Wealth Holdings's Days Payable increased from Dec. 2022 (0.68) to Dec. 2023 (2.61). It may suggest that JF Wealth Holdings delayed paying its suppliers.

JF Wealth Holdings Days Payable Historical Data

The historical data trend for JF Wealth 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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JF Wealth Holdings Days Payable Chart

JF Wealth Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

875.08

530.60

114.96

17.93

1.72

JF Wealth Holdings Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	40.43	0.68	0.65	2.61

Competitive Comparison of JF Wealth Holdings's Days Payable

For the Education & Training Services subindustry, JF Wealth 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.

JF Wealth Holdings's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, JF Wealth Holdings's Days Payable distribution charts can be found below:

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

JF Wealth 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.

JF Wealth 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
=	( (0.571	+	2.752)	/	2 )	/	352.332	*	365
=	1.6615					/	352.332	*	365
=	1.72

JF Wealth 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
=	( (0	+	2.752)	/	1 )	/	192.795	*	365 / 2
=	2.752					/	192.795	*	365 / 2
=	2.61

JF Wealth Holdings Days Payable Related Terms

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JF Wealth Holdings (HKSE:09636) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » JF Wealth Holdings Ltd (HKSE:09636) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Xumin East Road, 3rd-5th Floor, Yintech Finance Center, Qingpu District, Shanghai, CHN

Website

https://jfwealth.investorroom.com

JF Wealth Holdings Ltd is an online investment decision-making solution provider in China with a focus on the online investor content service market. The company offers online investor content services, including online high-end investor education services and online financial literacy education services, and financial information software services to help individual investors to understand the financial market and make investment plans or decisions.

JF Wealth Holdings (HKSE:09636) Headlines

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