E-Commodities Holdings (HKSE:01733) Days Payable : 32.00 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is E-Commodities Holdings Days Payable?

E-Commodities Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$3,454 Mil. E-Commodities Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$19,701 Mil. Hence, E-Commodities Holdings's Days Payable for the six months ended in Dec. 2023 was 32.00.

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

HKSE:01733' s Days Payable Range Over the Past 10 Years
Min: 5.69 Med: 25.54 Max: 109.31
Current: 30.49

During the past 13 years, E-Commodities Holdings's highest Days Payable was 109.31. The lowest was 5.69. And the median was 25.54.

HKSE:01733's Days Payable is ranked worse than
76.98% of 126 companies
in the Other Energy Sources industry
Industry Median: 65.515 vs HKSE:01733: 30.49

E-Commodities Holdings's Days Payable declined from Dec. 2022 (35.14) to Dec. 2023 (32.00). It may suggest that E-Commodities Holdings accelerated paying its suppliers.

E-Commodities Holdings Days Payable Historical Data

The historical data trend for E-Commodities 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.

* Premium members only.

E-Commodities Holdings Days Payable Chart

E-Commodities Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

14.77

28.01

23.06

29.58

31.36

E-Commodities 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															12.81	38.76	35.14	27.81	32.00

Competitive Comparison of E-Commodities Holdings's Days Payable

For the Thermal Coal subindustry, E-Commodities 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.

E-Commodities Holdings's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, E-Commodities Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where E-Commodities Holdings's Days Payable falls into.

E-Commodities 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.

E-Commodities 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
=	( (2334.774	+	4004.491)	/	2 )	/	36887.007	*	365
=	3169.6325					/	36887.007	*	365
=	31.36

E-Commodities 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
=	( (2903.616	+	4004.491)	/	2 )	/	19701.284	*	365 / 2
=	3454.0535					/	19701.284	*	365 / 2
=	32.00

E-Commodities Holdings Days Payable Related Terms

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

E-Commodities Holdings (HKSE:01733) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » E-Commodities Holdings Ltd (HKSE:01733) » Definitions » Days Payable

Traded in Other Exchanges

WWY1:Germany

Address

Room 706, Tower B, Tianrun Fortune Center, No. 58, Dongzongbu Hutong, Dongcheng District, Beijing, CHN, 100005

Website

http://www.e-comm.com

E-Commodities Holdings Ltd is a company principally engaged in the processing and trading of coking coal and other products and rendering of logistics services. The group has two business divisions. The processing and trading of coking coal and other products segment manages and operates coal processing plants and generates income from processing and trading of coking coal and other products to external customers. Rendering of integrated supply chain services segment constructs, manages and operates processing factories and logistics parks and generates income from rendering of warehousing. Majority of the firm's revenue comes from the processing and trading of coking coal and other products segment.

E-Commodities Holdings (HKSE:01733) Headlines

No Headlines