Champion Technology Holdings (HKSE:00092) Days Payable : 19.64 (As of Dec. 2023)

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What is Champion Technology Holdings Days Payable?

Champion Technology Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$8.9 Mil. Champion Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$82.8 Mil. Hence, Champion Technology Holdings's Days Payable for the six months ended in Dec. 2023 was 19.64.

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

HKSE:00092' s Days Payable Range Over the Past 10 Years
Min: 8.76 Med: 54.39 Max: 115.63
Current: 22.68

During the past 13 years, Champion Technology Holdings's highest Days Payable was 115.63. The lowest was 8.76. And the median was 54.39.

HKSE:00092's Days Payable is ranked worse than
83.43% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs HKSE:00092: 22.68

Champion Technology Holdings's Days Payable declined from Dec. 2022 (66.06) to Dec. 2023 (19.64). It may suggest that Champion Technology Holdings accelerated paying its suppliers.

Champion Technology Holdings Days Payable Historical Data

The historical data trend for Champion Technology 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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Champion Technology Holdings Days Payable Chart

Champion Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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55.51

53.27

59.75

67.86

47.73

Champion Technology 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															118.49	103.59	66.06	27.80	19.64

Competitive Comparison of Champion Technology Holdings's Days Payable

For the Oil & Gas Midstream subindustry, Champion Technology 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.

Champion Technology Holdings's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Champion Technology Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Champion Technology Holdings's Days Payable falls into.

Champion Technology 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.

Champion Technology Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.995	+	4.56)	/	2 )	/	21.242	*	365
=	2.7775					/	21.242	*	365
=	47.73

Champion Technology 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
=	( (4.56	+	13.266)	/	2 )	/	82.831	*	365 / 2
=	8.913					/	82.831	*	365 / 2
=	19.64

Champion Technology Holdings Days Payable Related Terms

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Champion Technology Holdings (HKSE:00092) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Champion Technology Holdings Ltd (HKSE:00092) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

188 Connaught Road West, Units 4214-15, 42nd Floor, Hong Kong Plaza, Hong Kong, HKG

Website

http://www.champion.hk

Champion Technology Holdings Ltd is engaged in the business of systems sales and licensing. It operates in several segments which include Sales of cultural products, Technology: Smart City Solution Business, Technology Renewable energy, Trading of gasoil and related business, and Strategic investments. It generates maximum revenue from the Technology Renewable energy segment, which includes income from design and sales of renewable energy products and solutions.

Champion Technology Holdings (HKSE:00092) Headlines

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