Man Wah Holdings (Man Wah Holdings) Days Payable : 29.93 (As of Sep. 2023)

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What is Man Wah Holdings Days Payable?

Man Wah Holdings's average Accounts Payable for the six months ended in Sep. 2023 was $114 Mil. Man Wah Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $696 Mil. Hence, Man Wah Holdings's Days Payable for the six months ended in Sep. 2023 was 29.93.

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

MAWHY' s Days Payable Range Over the Past 10 Years
Min: 22.53 Med: 31.1 Max: 38.51
Current: 31.85

During the past 13 years, Man Wah Holdings's highest Days Payable was 38.51. The lowest was 22.53. And the median was 31.10.

MAWHY's Days Payable is ranked worse than
84.98% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 66.76 vs MAWHY: 31.85

Man Wah Holdings's Days Payable declined from Sep. 2022 (33.79) to Sep. 2023 (29.93). It may suggest that Man Wah Holdings accelerated paying its suppliers.

Man Wah Holdings Days Payable Historical Data

The historical data trend for Man Wah 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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Man Wah Holdings Days Payable Chart

Man Wah Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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34.88

38.34

33.67

28.63

36.09

Man Wah Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															26.97	27.19	33.79	34.64	29.93

Competitive Comparison of Man Wah Holdings's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Man Wah 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.

Man Wah Holdings's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Man Wah Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Man Wah Holdings's Days Payable falls into.

Man Wah 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.

Man Wah Holdings's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (147.762	+	121.159)	/	2 )	/	1359.822	*	365
=	134.4605					/	1359.822	*	365
=	36.09

Man Wah Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (121.159	+	106.974)	/	2 )	/	695.619	*	365 / 2
=	114.0665					/	695.619	*	365 / 2
=	29.93

Man Wah Holdings Days Payable Related Terms

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Man Wah Holdings (Man Wah Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Man Wah Holdings Ltd (OTCPK:MAWHY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MAWHF:USA 01999:Hong Kong AAM:Germany AAM:Germany

Address

10-14 Kwei Tei Street, 1st Floor, Wah Lai Industrial Center, New Territories, Fotan, Hong Kong, HKG

Website

http://www.manwahholdings.com

Man Wah Holdings Ltd is an investment holding company. The company's segment includes Sofas and ancillary products; Bedding and ancillary products; Other products; Other business and Home Group business. It generates maximum revenue from the Sofas and ancillary products segment. Sofas and ancillary products segment manufacture and distribution of sofas and ancillary products through wholesale and distributors other than those by Home Group Ltd and its subsidiaries. Geographically, it derives a majority of its revenue from PRC (including Hong Kong and Macau).

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