Plateau Treasures (HKSE:08402) Days Payable : 50.85 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Plateau Treasures Days Payable?

Plateau Treasures's average Accounts Payable for the three months ended in Dec. 2023 was HK$13.9 Mil. Plateau Treasures's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$24.9 Mil. Hence, Plateau Treasures's Days Payable for the three months ended in Dec. 2023 was 50.85.

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

HKSE:08402' s Days Payable Range Over the Past 10 Years
Min: 42.72 Med: 56.32 Max: 180.77
Current: 42.72

During the past 9 years, Plateau Treasures's highest Days Payable was 180.77. The lowest was 42.72. And the median was 56.32.

HKSE:08402's Days Payable is ranked better than
51.53% of 588 companies
in the Steel industry
Industry Median: 39.865 vs HKSE:08402: 42.72

Plateau Treasures's Days Payable increased from Dec. 2022 (39.17) to Dec. 2023 (50.85). It may suggest that Plateau Treasures delayed paying its suppliers.

Plateau Treasures Days Payable Historical Data

The historical data trend for Plateau Treasures'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.

Plateau Treasures Days Payable Chart

Plateau Treasures Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

56.32

180.77

53.52

44.43

48.17

Plateau Treasures 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															39.17	46.42	43.13	23.93	50.85

Competitive Comparison of Plateau Treasures's Days Payable

For the Steel subindustry, Plateau Treasures'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.

Plateau Treasures's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Plateau Treasures's Days Payable distribution charts can be found below:

* The bar in red indicates where Plateau Treasures's Days Payable falls into.

Plateau Treasures 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.

Plateau Treasures'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
=	( (9.785	+	13.865)	/	2 )	/	89.607	*	365
=	11.825					/	89.607	*	365
=	48.17

Plateau Treasures'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	+	13.865)	/	1 )	/	24.881	*	365 / 4
=	13.865					/	24.881	*	365 / 4
=	50.85

Plateau Treasures Days Payable Related Terms

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

Plateau Treasures (HKSE:08402) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Plateau Treasures Ltd (HKSE:08402) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 Woodlands Industrial Park E3, Singapore, SGP, 757842

Website

https://www.8402.com.hk

Plateau Treasures Ltd is an independent structural steel manufacturer. It is a professional steel structure engineering company that innovatively designs, supplies, manufactures, and installs a variety of standardized and customized steel structures.

Plateau Treasures (HKSE:08402) Headlines

No Headlines