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CLIK (Click Holdings) Days Payable : 7.38 (As of Jun. 2024)


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What is Click Holdings Days Payable?

Click Holdings's average Accounts Payable for the six months ended in Jun. 2024 was $0.09 Mil. Click Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $2.23 Mil. Hence, Click Holdings's Days Payable for the six months ended in Jun. 2024 was 7.38.

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

CLIK' s Days Payable Range Over the Past 10 Years
Min: 7.43   Med: 8.77   Max: 10.11
Current: 7.88

During the past 2 years, Click Holdings's highest Days Payable was 10.11. The lowest was 7.43. And the median was 8.77.

CLIK's Days Payable is ranked worse than
89.8% of 98 companies
in the Personal Services industry
Industry Median: 30.32 vs CLIK: 7.88

Click Holdings's Days Payable declined from Jun. 2023 (8.43) to Jun. 2024 (7.38). It may suggest that Click Holdings accelerated paying its suppliers.


Click Holdings Days Payable Historical Data

The historical data trend for Click 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.

Click Holdings Days Payable Chart

Click Holdings Annual Data
Trend Dec22 Dec23
Days Payable
10.11 7.43

Click Holdings Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Days Payable - 8.43 6.38 7.38

Competitive Comparison of Click Holdings's Days Payable

For the Personal Services subindustry, Click 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.


Click Holdings's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Click Holdings's Days Payable distribution charts can be found below:

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


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Click 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.

Click 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
=( (0.093 + 0.068) / 2 ) / 3.956*365
=0.0805 / 3.956*365
=7.43

Click Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.068 + 0.112) / 2 ) / 2.226*365 / 2
=0.09 / 2.226*365 / 2
=7.38

* 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.


Click Holdings Days Payable Related Terms

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Click Holdings Business Description

Traded in Other Exchanges
N/A
Address
5 Canton Road, Unit 709, 7th Floor, Ocean Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Click Holdings Ltd is a human resources solutions provider, specializing in offering comprehensive human resources solutions. It is focused on talent sourcing and the provision of temporary and permanent personnel to customers and also in placing professional accountants and company secretaries, registered nurses and healthcare workers as well as other blue-collar workers, for direct hire and contract staffing roles. The Company operates in three segments, 1) professional solution services, 2) nursing solution services and 3) logistic and other solution services. Maximum revenue is generated from Professional solution services and Hong Kong.