Auto Italia Holdings (HKSE:00720) Days Payable : 36.93 (As of Dec. 2023)

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What is Auto Italia Holdings Days Payable?

Auto Italia Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$1.06 Mil. Auto Italia Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$5.26 Mil. Hence, Auto Italia Holdings's Days Payable for the six months ended in Dec. 2023 was 36.93.

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

HKSE:00720' s Days Payable Range Over the Past 10 Years
Min: 2 Med: 23.17 Max: 638.11
Current: 14.33

During the past 13 years, Auto Italia Holdings's highest Days Payable was 638.11. The lowest was 2.00. And the median was 23.17.

HKSE:00720's Days Payable is ranked worse than
90.53% of 1574 companies
in the Real Estate industry
Industry Median: 96.755 vs HKSE:00720: 14.33

Auto Italia Holdings's Days Payable increased from Dec. 2022 (2.08) to Dec. 2023 (36.93). It may suggest that Auto Italia Holdings delayed paying its suppliers.

Auto Italia Holdings Days Payable Historical Data

The historical data trend for Auto Italia 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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Auto Italia Holdings Days Payable Chart

Auto Italia Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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43.72

638.11

2.00

9.79

Auto Italia 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															1.37	0.67	2.08	8.51	36.93

Competitive Comparison of Auto Italia Holdings's Days Payable

For the Real Estate Services subindustry, Auto Italia 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.

Auto Italia Holdings's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Auto Italia Holdings's Days Payable distribution charts can be found below:

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

Auto Italia 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.

Auto Italia 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
=	( (0.048	+	0.943)	/	2 )	/	18.469	*	365
=	0.4955					/	18.469	*	365
=	9.79

Auto Italia 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
=	( (1.184	+	0.943)	/	2 )	/	5.256	*	365 / 2
=	1.0635					/	5.256	*	365 / 2
=	36.93

Auto Italia Holdings Days Payable Related Terms

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Auto Italia Holdings (HKSE:00720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Auto Italia Holdings Ltd (HKSE:00720) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Connaught Place, 49th Floor, One Exchange Square, Central, Hong Kong, HKG

Website

http://www.autoitalia.com.hk

Auto Italia Holdings Ltd is an investment holding company. Its subsidiaries are principally engaged in the provision of financing and property investment. The company's activities include the trading of cars and related accessories and the provision of after-sales and pre-delivery inspection services. The group's geographical markets include Hong Kong, Macau, and Mainland China.

Auto Italia Holdings (HKSE:00720) Headlines

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