Wing On Co International (HKSE:00289) Days Payable : 370.64 (As of Dec. 2023)

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What is Wing On Co International Days Payable?

Wing On Co International's average Accounts Payable for the six months ended in Dec. 2023 was HK$403 Mil. Wing On Co International's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$198 Mil. Hence, Wing On Co International's Days Payable for the six months ended in Dec. 2023 was 370.64.

The historical rank and industry rank for Wing On Co International's Days Payable or its related term are showing as below:

HKSE:00289' s Days Payable Range Over the Past 10 Years
Min: 151.38 Med: 257.09 Max: 350
Current: 350

During the past 13 years, Wing On Co International's highest Days Payable was 350.00. The lowest was 151.38. And the median was 257.09.

HKSE:00289's Days Payable is ranked better than
95.1% of 1082 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs HKSE:00289: 350.00

Wing On Co International's Days Payable increased from Dec. 2022 (267.83) to Dec. 2023 (370.64). It may suggest that Wing On Co International delayed paying its suppliers.

Wing On Co International Days Payable Historical Data

The historical data trend for Wing On Co International'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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Wing On Co International Days Payable Chart

Wing On Co International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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254.27

259.90

284.39

314.60

301.44

Wing On Co International 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															262.02	323.50	267.83	377.96	370.64

Competitive Comparison of Wing On Co International's Days Payable

For the Department Stores subindustry, Wing On Co International'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.

Wing On Co International's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Wing On Co International's Days Payable distribution charts can be found below:

* The bar in red indicates where Wing On Co International's Days Payable falls into.

Wing On Co International 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.

Wing On Co International'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
=	( (327.147	+	323.239)	/	2 )	/	393.766	*	365
=	325.193					/	393.766	*	365
=	301.44

Wing On Co International'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
=	( (482.35	+	323.239)	/	2 )	/	198.33	*	365 / 2
=	402.7945					/	198.33	*	365 / 2
=	370.64

Wing On Co International Days Payable Related Terms

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Wing On Co International (HKSE:00289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wing On Co International Ltd (HKSE:00289) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

211 Des Voeux Road Central, 7th Floor, Wing On Centre, Hong Kong, HKG

Website

https://www.wingon.hk

Wing On Co International Ltd operates department stores. It also invests in properties. The company has two segments namely, Department Stores and Property Investment. Department stores segment operates department stores in Hong Kong, while the Property Investment segment engages in leasing commercial premises to generate rental income. Its investment property portfolio is spread across Hong Kong, Australia, and the United States of America. The firm derives most of its revenues from department stores.

Wing On Co International (HKSE:00289) Headlines

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