GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alco Holdings Ltd (HKSE:00328) » Definitions » Days Payable

Alco Holdings (HKSE:00328) Days Payable : 111.77 (As of Sep. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Alco Holdings Days Payable?

Alco Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$49.7 Mil. Alco Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$81.2 Mil. Hence, Alco Holdings's Days Payable for the six months ended in Sep. 2023 was 111.77.

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

HKSE:00328' s Days Payable Range Over the Past 10 Years
Min: 23.81   Med: 55.28   Max: 467.18
Current: 274.76

During the past 13 years, Alco Holdings's highest Days Payable was 467.18. The lowest was 23.81. And the median was 55.28.

HKSE:00328's Days Payable is ranked better than
95.01% of 2423 companies
in the Hardware industry
Industry Median: 67.77 vs HKSE:00328: 274.76

Alco Holdings's Days Payable declined from Sep. 2022 (680.27) to Sep. 2023 (111.77). It may suggest that Alco Holdings accelerated paying its suppliers.


Alco Holdings Days Payable Historical Data

The historical data trend for Alco 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.

* Premium members only.

Alco Holdings Days Payable Chart

Alco Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.40 23.81 45.05 139.18 467.18

Alco Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 147.45 137.96 680.27 464.52 111.77

Competitive Comparison of Alco Holdings's Days Payable

For the Consumer Electronics subindustry, Alco 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.


Alco Holdings's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Alco Holdings's Days Payable distribution charts can be found below:

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



Alco 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.

Alco Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (207.553 + 49.134) / 2 ) / 100.273*365
=128.3435 / 100.273*365
=467.18

Alco Holdings'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
=( (49.134 + 50.28) / 2 ) / 81.16*365 / 2
=49.707 / 81.16*365 / 2
=111.77

* 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.


Alco Holdings Days Payable Related Terms

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


Alco Holdings (HKSE:00328) Business Description

Traded in Other Exchanges
N/A
Address
2 On Yiu Street, 11th Floor, Metropole Square, Sha Tin, New Territories, Hong Kong, HKG
Alco Holdings Ltd is an investment holding company. The company's operating segment includes AV products and Notebook products. It generates maximum revenue from the Notebook products segment. The AV products segment is involved in the design, manufacture, and sale of consumer electronic products, including audio, video, and tablet products. Its Notebook products segment is engaged in the design, manufacture, and sale of commercial notebooks and personal computer products. Geographically, it derives a majority of its revenue from Asia and also has a presence in North America; Europe, and Other Countries.

Alco Holdings (HKSE:00328) Headlines

No Headlines