Hong Kong Technology Venture Co (HKSE:01137) Days Payable : 84.24 (As of Jun. 2024)

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What is Hong Kong Technology Venture Co Days Payable?

Hong Kong Technology Venture Co's average Accounts Payable for the six months ended in Jun. 2024 was HK$414 Mil. Hong Kong Technology Venture Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$898 Mil. Hence, Hong Kong Technology Venture Co's Days Payable for the six months ended in Jun. 2024 was 84.24.

The historical rank and industry rank for Hong Kong Technology Venture Co's Days Payable or its related term are showing as below:

HKSE:01137' s Days Payable Range Over the Past 10 Years
Min: 9.07 Med: 66.96 Max: 2659.61
Current: 78.89

During the past 13 years, Hong Kong Technology Venture Co's highest Days Payable was 2659.61. The lowest was 9.07. And the median was 66.96.

HKSE:01137's Days Payable is ranked better than
65.77% of 1084 companies
in the Retail - Cyclical industry
Industry Median: 52.765 vs HKSE:01137: 78.89

Hong Kong Technology Venture Co's Days Payable increased from Jun. 2023 (73.67) to Jun. 2024 (84.24). It may suggest that Hong Kong Technology Venture Co delayed paying its suppliers.

Hong Kong Technology Venture Co Days Payable Historical Data

The historical data trend for Hong Kong Technology Venture Co'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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Hong Kong Technology Venture Co Days Payable Chart

Hong Kong Technology Venture Co Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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67.42

60.93

66.50

61.05

72.15

Hong Kong Technology Venture Co Semi-Annual Data
	Aug14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															58.02	67.06	73.67	72.11	84.24

Competitive Comparison of Hong Kong Technology Venture Co's Days Payable

For the Internet Retail subindustry, Hong Kong Technology Venture Co'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.

Hong Kong Technology Venture Co's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hong Kong Technology Venture Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hong Kong Technology Venture Co's Days Payable falls into.

Hong Kong Technology Venture Co 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.

Hong Kong Technology Venture Co'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
=	( (354.627	+	382.76)	/	2 )	/	1865.094	*	365
=	368.6935					/	1865.094	*	365
=	72.15

Hong Kong Technology Venture Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (382.76	+	445.862)	/	2 )	/	897.619	*	365 / 2
=	414.311					/	897.619	*	365 / 2
=	84.24

Hong Kong Technology Venture Co Days Payable Related Terms

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Hong Kong Technology Venture Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (HKSE:01137) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HKTVY:USA XHN1:Germany

Address

No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hktvmall.com

Hong Kong Technology Venture Co Ltd is included in the business of Ecommerce business which cover end-to end online shopping platform operation (including fulfillment and logistics), multimedia production and other related services; and New venture projects performing research and development activities on technologies, and operating business by adopting the technologies globally; and research, development and provision of technology solutions as a service including end-to-end digital retailing and retail store automation. The company has two reporting segments: Hong Kong Ecommerce business and New Ventures and Technology business, out of which Hong Kong Ecommerce business derives maximum revenue.

Executives

Wong Wai Kay	2201 Interest of corporation controlled by you
Top Group International Ltd.	2101 Beneficial owner
Schroders Plc	2102 Investment manager
Top Group International Ltd.	2101 Beneficial owner
Cheung Chi Kin, Paul	2101 Beneficial owner

Hong Kong Technology Venture Co Headlines

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