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Lee Kee Holdings (HKSE:00637) Days Payable : 0.74 (As of Sep. 2023)


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What is Lee Kee Holdings Days Payable?

Lee Kee Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$3 Mil. Lee Kee Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$808 Mil. Hence, Lee Kee Holdings's Days Payable for the six months ended in Sep. 2023 was 0.74.

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

HKSE:00637' s Days Payable Range Over the Past 10 Years
Min: 0.74   Med: 5.46   Max: 9.52
Current: 0.74

During the past 13 years, Lee Kee Holdings's highest Days Payable was 9.52. The lowest was 0.74. And the median was 5.46.

HKSE:00637's Days Payable is ranked worse than
99.72% of 1068 companies
in the Metals & Mining industry
Industry Median: 136.005 vs HKSE:00637: 0.74

Lee Kee Holdings's Days Payable increased from Sep. 2022 (0.60) to Sep. 2023 (0.74). It may suggest that Lee Kee Holdings delayed paying its suppliers.


Lee Kee Holdings Days Payable Historical Data

The historical data trend for Lee Kee 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.

Lee Kee Holdings Days Payable Chart

Lee Kee Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.76 9.52 5.46 1.14 0.83

Lee Kee Holdings Semi-Annual Data
Jun13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.39 1.86 0.60 0.91 0.74

Competitive Comparison of Lee Kee Holdings's Days Payable

For the Other Industrial Metals & Mining subindustry, Lee Kee 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.


Lee Kee Holdings's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lee Kee Holdings's Days Payable distribution charts can be found below:

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



Lee Kee 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.

Lee Kee 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
=( (4.565 + 5.119) / 2 ) / 2127.327*365
=4.842 / 2127.327*365
=0.83

Lee Kee 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
=( (5.119 + 1.439) / 2 ) / 808.056*365 / 2
=3.279 / 808.056*365 / 2
=0.74

* 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.


Lee Kee Holdings Days Payable Related Terms

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Lee Kee Holdings (HKSE:00637) Business Description

Traded in Other Exchanges
N/A
Address
16 Dai Fat Street, Tai Po Industrial Estate, New Territories, Hong Kong, HKG
Lee Kee Holdings Ltd is involved in the production and distribution of metals, along with quality assurance and testing, technical consultancy, and futures brokerage services. The company is engaged in the trading of zinc, zinc alloy, nickel, nickel-related products, aluminum, aluminum alloy, stainless steel, and other electroplating chemical products. Geographically, it derives a majority of its revenue from Mainland China and also has a presence in Hong Kong.
Executives
Chan Ka Chun Patrick 2501 Other
Okusako Chan Pui Shan Lillian 2501 Other

Lee Kee Holdings (HKSE:00637) Headlines

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