DL Holdings Group (HKSE:01709) Days Payable : 544.33 (As of Sep. 2023)

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What is DL Holdings Group Days Payable?

DL Holdings Group's average Accounts Payable for the six months ended in Sep. 2023 was HK$150.3 Mil. DL Holdings Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$50.4 Mil. Hence, DL Holdings Group's Days Payable for the six months ended in Sep. 2023 was 544.33.

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

HKSE:01709' s Days Payable Range Over the Past 10 Years
Min: 15.47 Med: 25.27 Max: 787.83
Current: 563.58

During the past 9 years, DL Holdings Group's highest Days Payable was 787.83. The lowest was 15.47. And the median was 25.27.

HKSE:01709's Days Payable is ranked better than
85.53% of 76 companies
in the Diversified Financial Services industry
Industry Median: 84.53 vs HKSE:01709: 563.58

DL Holdings Group's Days Payable increased from Sep. 2022 (311.04) to Sep. 2023 (544.33). It may suggest that DL Holdings Group delayed paying its suppliers.

DL Holdings Group Days Payable Historical Data

The historical data trend for DL Holdings Group'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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DL Holdings Group Days Payable Chart

DL Holdings Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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19.87

26.45

71.54

237.38

787.83

DL Holdings Group Semi-Annual Data
	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														128.60	243.76	311.04	988.51	544.33

Competitive Comparison of DL Holdings Group's Days Payable

For the Financial Conglomerates subindustry, DL Holdings Group'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.

DL Holdings Group's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, DL Holdings Group's Days Payable distribution charts can be found below:

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

DL Holdings Group 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.

DL Holdings Group'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
=	( (132.731	+	249.208)	/	2 )	/	88.476	*	365
=	190.9695					/	88.476	*	365
=	787.83

DL Holdings Group'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
=	( (249.208	+	51.413)	/	2 )	/	50.395	*	365 / 2
=	150.3105					/	50.395	*	365 / 2
=	544.33

DL Holdings Group Days Payable Related Terms

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DL Holdings Group (HKSE:01709) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » DL Holdings Group Ltd (HKSE:01709) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

28 Heung Yip Road, Room 2902, 29th Floor, Vertical Square, Wong Chuk Hang, Hong Kong, HKG

Website

https://www.dlglobalholdings.com

DL Holdings Group Ltd is an investment holding company. It operates in given segments that include Sales of apparel products, Financial services of the licensed business, Money lending services and Enterprise solutions services. Its geographical segments include Europe, America, the Middle East, and the Asia Pacific. The company generates the majority of its revenue from Financial services which include the provision of financial advisory services; securities research services; securities trading and brokerage services; margin financing services; referral services; and investment management and advisory services to the customers.

DL Holdings Group (HKSE:01709) Headlines

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