Silkwave (HKSE:00471) Days Payable : 49.17 (As of Dec. 2023)

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What is Silkwave Days Payable?

Silkwave's average Accounts Payable for the six months ended in Dec. 2023 was HK$5.06 Mil. Silkwave's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$18.78 Mil. Hence, Silkwave's Days Payable for the six months ended in Dec. 2023 was 49.17.

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

HKSE:00471' s Days Payable Range Over the Past 10 Years
Min: 43.33 Med: 87.99 Max: 116.92
Current: 47.58

During the past 13 years, Silkwave's highest Days Payable was 116.92. The lowest was 43.33. And the median was 87.99.

HKSE:00471's Days Payable is ranked worse than
70.47% of 2418 companies
in the Hardware industry
Industry Median: 68.235 vs HKSE:00471: 47.58

Silkwave's Days Payable increased from Dec. 2022 (29.88) to Dec. 2023 (49.17). It may suggest that Silkwave delayed paying its suppliers.

Silkwave Days Payable Historical Data

The historical data trend for Silkwave'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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Silkwave Days Payable Chart

Silkwave Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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95.17

80.80

57.98

43.33

52.59

Silkwave 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															45.94	84.79	29.88	41.10	49.17

Competitive Comparison of Silkwave's Days Payable

For the Electronics & Computer Distribution subindustry, Silkwave'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.

Silkwave's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Silkwave's Days Payable distribution charts can be found below:

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

Silkwave 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.

Silkwave'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
=	( (4.609	+	6.224)	/	2 )	/	37.596	*	365
=	5.4165					/	37.596	*	365
=	52.59

Silkwave'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
=	( (3.893	+	6.224)	/	2 )	/	18.775	*	365 / 2
=	5.0585					/	18.775	*	365 / 2
=	49.17

Silkwave Days Payable Related Terms

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Silkwave Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Silkwave Inc (HKSE:00471) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Cyberport Road, Unit 1211, Level 12, Core F, Cyberport 3, Hong Kong, HKG

Website

https://www.silkwave.com.hk

Silkwave Inc along with its subsidiaries, is principally engaged in the development and promotion of converged mobile multimedia broadcasting (CMMB)-based multimedia and interactive services via proprietary terrestrial infrastructure. The business operates through segments that are the CMMB business which provides transmission and broadcasting of television programs, and Trading Business which trades printed circuit board material. The majority is from the Trading business. Geographically, it operates in the United States, Taiwan, PRC, and Hong Kong. The majority is derived from Taiwan.

Executives

Chi Capital Holdings Ltd.	2201 Interest of corporation controlled by you
Wong Chau Chi	2201 Interest of corporation controlled by you
Ample Cheer Limited
Kingston Finance Limited
Chu Yuet Wah
Argyle Street Management Holdings Limited	2201 Interest of corporation controlled by you
Argyle Street Management Limited	2102 Investment manager
Chan Kin	2201 Interest of corporation controlled by you
Asm Connaught House (master) Fund Iii Lp	2201 Interest of corporation controlled by you
Asm Connaught House General Partner Iii Limited	2102 Investment manager
Chi Capital Securities Limited
Cantonment Road Limited	2201 Interest of corporation controlled by you
Rachini Alley Limited	2501 Other

Silkwave Headlines

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