Kong Sun Holdings (HKSE:00295) Days Payable : 88.87 (As of Dec. 2023)

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What is Kong Sun Holdings Days Payable?

Kong Sun Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$63.6 Mil. Kong Sun Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$130.5 Mil. Hence, Kong Sun Holdings's Days Payable for the six months ended in Dec. 2023 was 88.87.

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

HKSE:00295' s Days Payable Range Over the Past 10 Years
Min: 93.68 Med: 397.03 Max: 3040.08
Current: 106.21

During the past 13 years, Kong Sun Holdings's highest Days Payable was 3040.08. The lowest was 93.68. And the median was 397.03.

HKSE:00295's Days Payable is ranked better than
60.67% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 76.89 vs HKSE:00295: 106.21

Kong Sun Holdings's Days Payable declined from Dec. 2022 (161.71) to Dec. 2023 (88.87). It may suggest that Kong Sun Holdings accelerated paying its suppliers.

Kong Sun Holdings Days Payable Historical Data

The historical data trend for Kong Sun 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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Kong Sun Holdings Days Payable Chart

Kong Sun Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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477.00

415.39

198.11

182.49

93.68

Kong Sun 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															199.51	178.00	161.71	133.23	88.87

Competitive Comparison of Kong Sun Holdings's Days Payable

For the Utilities - Renewable subindustry, Kong Sun 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.

Kong Sun Holdings's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kong Sun Holdings's Days Payable distribution charts can be found below:

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

Kong Sun 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.

Kong Sun 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
=	( (116.48	+	26.77)	/	2 )	/	279.073	*	365
=	71.625					/	279.073	*	365
=	93.68

Kong Sun 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
=	( (100.373	+	26.77)	/	2 )	/	130.543	*	365 / 2
=	63.5715					/	130.543	*	365 / 2
=	88.87

Kong Sun Holdings Days Payable Related Terms

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Kong Sun Holdings (HKSE:00295) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kong Sun Holdings Ltd (HKSE:00295) » Definitions » Days Payable

Traded in Other Exchanges

KOJ5:Germany

Address

108 Gloucester Road, Everbright Centre, Unit 803-4, 8th Floor, Wanchai, Hong Kong, HKG

Website

http://www.kongsun.com

Kong Sun Holdings Ltd owns and operates photovoltaic power plants, invest in and lease properties, manufactures and sells life-like plants, and trade listed securities. It operates through the following segments: Solar Power Plants, Financial Services, and Liquefied natural gas. The Solar Power Plants segment which derives the majority of revenue generates and sells electricity. The Financial Services segment generates interest income recognized on a time-proportion basis. The Liquefied natural gas segment engages in the trading of liquefied natural gas.

Executives

Miao Yu	2201 Interest of corporation controlled by you
Prospect Ace Limited	2101 Beneficial owner
Xiang Jun	2101 Beneficial owner

Kong Sun Holdings (HKSE:00295) Headlines

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