New Focus Auto Tech Holdings (HKSE:00360) Days Payable : 155.80 (As of Dec. 2023)

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What is New Focus Auto Tech Holdings Days Payable?

New Focus Auto Tech Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$231.1 Mil. New Focus Auto Tech Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$270.7 Mil. Hence, New Focus Auto Tech Holdings's Days Payable for the six months ended in Dec. 2023 was 155.80.

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

HKSE:00360' s Days Payable Range Over the Past 10 Years
Min: 63.65 Med: 77.99 Max: 185.14
Current: 173.16

During the past 13 years, New Focus Auto Tech Holdings's highest Days Payable was 185.14. The lowest was 63.65. And the median was 77.99.

HKSE:00360's Days Payable is ranked better than
88.56% of 1259 companies
in the Vehicles & Parts industry
Industry Median: 65.87 vs HKSE:00360: 173.16

New Focus Auto Tech Holdings's Days Payable declined from Dec. 2022 (159.74) to Dec. 2023 (155.80). It may suggest that New Focus Auto Tech Holdings accelerated paying its suppliers.

New Focus Auto Tech Holdings Days Payable Historical Data

The historical data trend for New Focus Auto Tech 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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New Focus Auto Tech Holdings Days Payable Chart

New Focus Auto Tech Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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63.65

117.24

151.95

185.14

182.92

New Focus Auto Tech 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															157.27	214.43	159.74	182.81	155.80

Competitive Comparison of New Focus Auto Tech Holdings's Days Payable

For the Auto Parts subindustry, New Focus Auto Tech 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.

New Focus Auto Tech Holdings's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Focus Auto Tech Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where New Focus Auto Tech Holdings's Days Payable falls into.

New Focus Auto Tech 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.

New Focus Auto Tech 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
=	( (253.658	+	250.416)	/	2 )	/	502.93	*	365
=	252.037					/	502.93	*	365
=	182.92

New Focus Auto Tech 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
=	( (211.696	+	250.416)	/	2 )	/	270.652	*	365 / 2
=	231.056					/	270.652	*	365 / 2
=	155.80

New Focus Auto Tech Holdings Days Payable Related Terms

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New Focus Auto Tech Holdings (HKSE:00360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » New Focus Auto Tech Holdings Ltd (HKSE:00360) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NWFAF:USA

Address

180 Hennessy Road, 5th Floor, Wan Chai, Hong Kong, HKG

Website

https://www.nfa360.com

New Focus Auto Tech Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the manufacture and sale of electronic and power-related automotive parts and accessories and operating the 4S dealership stores and related business. Its segments include Manufacturing and trading Business and Automobile Dealership and Service Business. The firm generates a majority of its revenue from the Manufacturing Business segment engaged in the manufacture and sale of automobile accessories. Geographically, the company operates in America, Europe, Asia Pacific, and the People's Republic of China.

New Focus Auto Tech Holdings (HKSE:00360) Headlines

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