HKBN (FRA:2HK) Days Payable : 58.94 (As of Aug. 2023)

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What is HKBN Days Payable?

HKBN's average Accounts Payable for the six months ended in Aug. 2023 was €112 Mil. HKBN's Cost of Goods Sold for the six months ended in Aug. 2023 was €346 Mil. Hence, HKBN's Days Payable for the six months ended in Aug. 2023 was 58.94.

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

FRA:2HK' s Days Payable Range Over the Past 10 Years
Min: 10.84 Med: 44.04 Max: 52.73
Current: 43.17

During the past 10 years, HKBN's highest Days Payable was 52.73. The lowest was 10.84. And the median was 44.04.

FRA:2HK's Days Payable is ranked worse than
78.16% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.07 vs FRA:2HK: 43.17

HKBN's Days Payable increased from Aug. 2022 (55.95) to Aug. 2023 (58.94). It may suggest that HKBN delayed paying its suppliers.

HKBN Days Payable Historical Data

The historical data trend for HKBN'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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HKBN Days Payable Chart

HKBN Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Payable

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49.72

45.03

46.35

40.58

42.77

HKBN Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Payable	Get a 7-Day Free Trial															59.47	37.54	55.95	35.65	58.94

Competitive Comparison of HKBN's Days Payable

For the Telecom Services subindustry, HKBN'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.

HKBN's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, HKBN's Days Payable distribution charts can be found below:

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

HKBN 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.

HKBN's Days Payable for the fiscal year that ended in Aug. 2023 is calculated as

	Days Payable (A: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2022 )	+	Accounts Payable (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (97.945	+	108.694)	/	2 )	/	881.699	*	365
=	103.3195					/	881.699	*	365
=	42.77

HKBN's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

	Days Payable (Q: Aug. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2023 )	+	Accounts Payable (Q: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
=	( (114.707	+	108.694)	/	2 )	/	345.881	*	365 / 2
=	111.7005					/	345.881	*	365 / 2
=	58.94

HKBN Days Payable Related Terms

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HKBN (FRA:2HK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » HKBN Ltd (FRA:2HK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HKBNF:USA 01310:Hong Kong 2HK:Germany

Address

18 Kin Hong Street, 12th Floor, Trans Asia Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.hkbnltd.net

HKBN Ltd is a telecommunications company. The company derives revenue from broadband Internet services and voice services to both residential and enterprise customers. The principal activities of the Group are (i) provision of fixed telecommunications network services, international telecommunications services, and mobile services to residential and enterprise customers in Hong Kong, (ii) system integration services, (iii) product sales, and (iv) marketing and distribution of computer hardware and software, telecommunication products, office automation products and the provision of related services. The company has two segments Telecom and technology solutions (Hong Kong) and Telecom and technology solutions (non-Hong Kong) and the majority of its revenue is generated from Hong Kong.

HKBN (FRA:2HK) Headlines

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