National Electronics Holdings (HKSE:00213) Days Payable : 37.05 (As of Sep. 2023)

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What is National Electronics Holdings Days Payable?

National Electronics Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$43.0 Mil. National Electronics Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$212.0 Mil. Hence, National Electronics Holdings's Days Payable for the six months ended in Sep. 2023 was 37.05.

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

HKSE:00213' s Days Payable Range Over the Past 10 Years
Min: 15.44 Med: 49.79 Max: 91.67
Current: 39.75

During the past 13 years, National Electronics Holdings's highest Days Payable was 91.67. The lowest was 15.44. And the median was 49.79.

HKSE:00213's Days Payable is ranked worse than
65.25% of 1013 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 56.6 vs HKSE:00213: 39.75

National Electronics Holdings's Days Payable declined from Sep. 2022 (44.75) to Sep. 2023 (37.05). It may suggest that National Electronics Holdings accelerated paying its suppliers.

National Electronics Holdings Days Payable Historical Data

The historical data trend for National Electronics 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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National Electronics Holdings Days Payable Chart

National Electronics Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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54.32

43.96

15.44

39.23

45.26

National Electronics 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															42.82	52.92	44.75	36.25	37.05

Competitive Comparison of National Electronics Holdings's Days Payable

For the Footwear & Accessories subindustry, National Electronics 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.

National Electronics Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

National Electronics 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.

National Electronics 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
=	( (68.596	+	28.995)	/	2 )	/	393.513	*	365
=	48.7955					/	393.513	*	365
=	45.26

National Electronics 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
=	( (28.995	+	57.074)	/	2 )	/	211.965	*	365 / 2
=	43.0345					/	211.965	*	365 / 2
=	37.05

National Electronics Holdings Days Payable Related Terms

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National Electronics Holdings (HKSE:00213) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » National Electronics Holdings Ltd (HKSE:00213) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Pedder Street, The Landmark, Suite 3201, Gloucester Tower, Central, Hong Kong, HKG

Website

https://www.national.com.hk

National Electronics Holdings Ltd is an investment holding company. The company's operating segment includes the Manufacture of watches and trading of watch movements, Property development and investment, and Hotel operation. The property development and investment segment includes the development and sale of properties and the holding of properties for investment and leasing purposes. The company generates the majority of its revenue from sales of watches. The company has a Geographically presence in North America, Hong Kong, China, Europe, and Other Countries.

Executives

Lee Loewe Bon Chi
Lee Yuen Ching Jimmy
Fenmore Investments Limited	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee
Americus Holdings Limited	2101 Beneficial owner

National Electronics Holdings (HKSE:00213) Headlines

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