Hotung Investment Holdings (SGX:BLS) Days Payable : 505.42 (As of Dec. 2023)

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What is Hotung Investment Holdings Days Payable?

Hotung Investment Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$4.91 Mil. Hotung Investment Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$1.77 Mil. Hence, Hotung Investment Holdings's Days Payable for the six months ended in Dec. 2023 was 505.42.

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

SGX:BLS' s Days Payable Range Over the Past 10 Years
Min: 261.93 Med: 261.93 Max: 615.5
Current: 615.5

During the past 13 years, Hotung Investment Holdings's highest Days Payable was 615.50. The lowest was 261.93. And the median was 261.93.

SGX:BLS's Days Payable is ranked better than
85.9% of 468 companies
in the Asset Management industry
Industry Median: 69.215 vs SGX:BLS: 615.50

Hotung Investment Holdings's Days Payable declined from Dec. 2022 (715.86) to Dec. 2023 (505.42). It may suggest that Hotung Investment Holdings accelerated paying its suppliers.

Hotung Investment Holdings Days Payable Historical Data

The historical data trend for Hotung Investment 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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Hotung Investment Holdings Days Payable Chart

Hotung Investment Holdings Annual Data

Trend

Dec14

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Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Days Payable

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Hotung Investment 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															606.58	561.01	715.86	515.60	505.42

Competitive Comparison of Hotung Investment Holdings's Days Payable

For the Asset Management subindustry, Hotung Investment 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.

Hotung Investment Holdings's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hotung Investment Holdings's Days Payable distribution charts can be found below:

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

Hotung Investment 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.

Hotung Investment 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	+	0)	/	1 )	/	3.473	*	365
=	0					/	3.473	*	365
=	0.00

Hotung Investment 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
=	( (4.913	+	0)	/	1 )	/	1.774	*	365 / 2
=	4.913					/	1.774	*	365 / 2
=	505.42

Hotung Investment Holdings Days Payable Related Terms

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Hotung Investment Holdings (SGX:BLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hotung Investment Holdings Ltd (SGX:BLS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

261, Sung-Chiang Road, 10th Floor, Taipei, TWN

Website

http://www.hotung.com.tw

Hotung Investment Holdings Ltd is a venture capital investment company. It focuses on start-up and expansion-stage companies mainly located in Taiwan, China, and Silicon Valley. The company operates through two segments namely Investment and Fund management. Its Investment segment derives majority revenue converges on achieving capital appreciation by investing in a balanced and diversified portfolio. The Fund management segment is involved in providing investment consultancy and advisory services to entities within the group.

Hotung Investment Holdings (SGX:BLS) Headlines

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