Grown Up Group Investment Holdings (HKSE:01842) Days Payable : 76.97 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Grown Up Group Investment Holdings Days Payable?

Grown Up Group Investment Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$49.7 Mil. Grown Up Group Investment Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$117.8 Mil. Hence, Grown Up Group Investment Holdings's Days Payable for the six months ended in Dec. 2023 was 76.97.

The historical rank and industry rank for Grown Up Group Investment Holdings's Days Payable or its related term are showing as below:

HKSE:01842' s Days Payable Range Over the Past 10 Years
Min: 67.51 Med: 106.36 Max: 207.85
Current: 71.96

During the past 8 years, Grown Up Group Investment Holdings's highest Days Payable was 207.85. The lowest was 67.51. And the median was 106.36.

HKSE:01842's Days Payable is ranked better than
62.44% of 1025 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.44 vs HKSE:01842: 71.96

Grown Up Group Investment Holdings's Days Payable increased from Dec. 2022 (59.29) to Dec. 2023 (76.97). It may suggest that Grown Up Group Investment Holdings delayed paying its suppliers.

Grown Up Group Investment Holdings Days Payable Historical Data

The historical data trend for Grown Up Group Investment 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.

Grown Up Group Investment Holdings Days Payable Chart

Grown Up Group Investment Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

207.85

121.29

106.63

67.51

79.72

Grown Up Group Investment Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									110.86	83.53	59.29	60.12	76.97

Competitive Comparison of Grown Up Group Investment Holdings's Days Payable

For the Footwear & Accessories subindustry, Grown Up Group Investment 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.

Grown Up Group Investment Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grown Up Group Investment Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Grown Up Group Investment Holdings's Days Payable falls into.

Grown Up Group Investment 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.

Grown Up Group Investment 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
=	( (48.057	+	60.819)	/	2 )	/	249.259	*	365
=	54.438					/	249.259	*	365
=	79.72

Grown Up Group Investment 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
=	( (38.553	+	60.819)	/	2 )	/	117.806	*	365 / 2
=	49.686					/	117.806	*	365 / 2
=	76.97

Grown Up Group Investment Holdings Days Payable Related Terms

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

Grown Up Group Investment Holdings (HKSE:01842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Grown Up Group Investment Holdings Ltd (HKSE:01842) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Ting Kok Road, Tai Po, Flat D, 7th Floor, Block 2, Tai Ping Industrial Centre, New Territories, Hong Kong, HKG

Website

https://www.grown-up-europe.com

Grown Up Group Investment Holdings Ltd is engaged in the manufacturing and sale of backpack and luggage. The backpack and luggage products are categorized into private label products and branded products covering licensed brand products. These products catered to kid, teen, sports, leisure, business, travel, and technical segments. It operates in The private label products segment products are produced and sold under both Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) businesses to the brand owners or their licensees. The branded label products segment products branded under the Group's proprietary Ellehammer brand as well as the licensed brands, distributed through the Group's sales network.

Grown Up Group Investment Holdings (HKSE:01842) Headlines

No Headlines