Melbourne Enterprises (HKSE:00158) Days Payable : 218.87 (As of Sep. 2023)

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What is Melbourne Enterprises Days Payable?

Melbourne Enterprises's average Accounts Payable for the six months ended in Sep. 2023 was HK$20.6 Mil. Melbourne Enterprises's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$17.2 Mil. Hence, Melbourne Enterprises's Days Payable for the six months ended in Sep. 2023 was 218.87.

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

HKSE:00158' s Days Payable Range Over the Past 10 Years
Min: 8.07 Med: 12.54 Max: 244.76
Current: 125.6

During the past 13 years, Melbourne Enterprises's highest Days Payable was 244.76. The lowest was 8.07. And the median was 12.54.

HKSE:00158's Days Payable is ranked better than
57.22% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs HKSE:00158: 125.60

Melbourne Enterprises's Days Payable increased from Sep. 2022 (204.39) to Sep. 2023 (218.87). It may suggest that Melbourne Enterprises delayed paying its suppliers.

Melbourne Enterprises Days Payable Historical Data

The historical data trend for Melbourne Enterprises'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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Melbourne Enterprises Days Payable Chart

Melbourne Enterprises Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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11.34

11.76

9.64

13.85

13.31

Melbourne Enterprises Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															163.99	218.09	204.39	155.01	218.87

Competitive Comparison of Melbourne Enterprises's Days Payable

For the Real Estate Services subindustry, Melbourne Enterprises'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.

Melbourne Enterprises's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Melbourne Enterprises's Days Payable distribution charts can be found below:

* The bar in red indicates where Melbourne Enterprises's Days Payable falls into.

Melbourne Enterprises 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.

Melbourne Enterprises's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (1.144	+	1.843)	/	2 )	/	40.965	*	365
=	1.4935					/	40.965	*	365
=	13.31

Melbourne Enterprises'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: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (39.304	+	1.843)	/	2 )	/	17.155	*	365 / 2
=	20.5735					/	17.155	*	365 / 2
=	218.87

Melbourne Enterprises Days Payable Related Terms

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

Melbourne Enterprises (HKSE:00158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Melbourne Enterprises Ltd (HKSE:00158) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Queen’s Road Central, Rooms 2102-4, Melbourne Plaza, Hong Kong, HKG

Website

https://www.irasia.com/listco/hk/melbourneweb

Melbourne Enterprises Ltd is an investment holding company. The company's only operating segment is property investment. It generates maximum revenue from the Rental income. The properties under the company include Melbourne Plaza, Kimley Commercial Building, as well as residential properties in the Foshan Golf Club project.

Executives

Chung Kin Shu Kenneth	2304 Executor or administrator
Chung Yin Shu Frederick	2304 Executor or administrator

Melbourne Enterprises (HKSE:00158) Headlines

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