Yu Tak International Holdings (HKSE:08048) Days Payable : 11.18 (As of Dec. 2023)

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What is Yu Tak International Holdings Days Payable?

Yu Tak International Holdings's average Accounts Payable for the three months ended in Dec. 2023 was HK$1.45 Mil. Yu Tak International Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$11.82 Mil. Hence, Yu Tak International Holdings's Days Payable for the three months ended in Dec. 2023 was 11.18.

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

HKSE:08048' s Days Payable Range Over the Past 10 Years
Min: 3.16 Med: 29.1 Max: 232.88
Current: 12.61

During the past 13 years, Yu Tak International Holdings's highest Days Payable was 232.88. The lowest was 3.16. And the median was 29.10.

HKSE:08048's Days Payable is ranked worse than
88.69% of 2538 companies
in the Software industry
Industry Median: 50.19 vs HKSE:08048: 12.61

Yu Tak International Holdings's Days Payable increased from Dec. 2022 (3.79) to Dec. 2023 (11.18). It may suggest that Yu Tak International Holdings delayed paying its suppliers.

Yu Tak International Holdings Days Payable Historical Data

The historical data trend for Yu Tak International 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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Yu Tak International Holdings Days Payable Chart

Yu Tak International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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4.11

19.68

38.51

45.97

15.78

Yu Tak International Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															3.79	15.16	8.65	9.75	11.18

Competitive Comparison of Yu Tak International Holdings's Days Payable

For the Software - Application subindustry, Yu Tak International 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.

Yu Tak International Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Yu Tak International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Yu Tak International Holdings's Days Payable falls into.

Yu Tak International 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.

Yu Tak International 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
=	( (0.494	+	1.448)	/	2 )	/	22.458	*	365
=	0.971					/	22.458	*	365
=	15.78

Yu Tak International 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	1.448)	/	1 )	/	11.821	*	365 / 4
=	1.448					/	11.821	*	365 / 4
=	11.18

Yu Tak International Holdings Days Payable Related Terms

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Yu Tak International Holdings (HKSE:08048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yu Tak International Holdings Ltd (HKSE:08048) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

199, Des Voeux Road Central, 35/F Infinitius Plaza, Sheung Wan, Hong Kong, HKG

Website

http://www.hkjewelry.net

Yu Tak International Holdings Limited, formerly Hong Kong Jewellery Holding Limited, is a Hong Kong-based investment holding company principally engaged in information technology (IT) related businesses. The Company operates through two business segments. The Jewelry Products segment is engaged in the design and sales of gold and jewelry products. The IT Products and Services segment is engaged in the provision of information technology services, including systems integration and professional services, as well as the sales of products, including enterprise software products. sia.

Executives

Lau Cheunghung	2101 Beneficial owner
Ocean Expert Investments Limited	2101 Beneficial owner
Li Xia	2201 Interest of corporation controlled by you
Flourish Zone Limited	2101 Beneficial owner
Ck Hutchison Holdings Limited
Chen Yin

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