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Eternity Investment (HKSE:00764) Days Payable : 144.11 (As of Dec. 2023)


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What is Eternity Investment Days Payable?

Eternity Investment's average Accounts Payable for the six months ended in Dec. 2023 was HK$41.3 Mil. Eternity Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$52.2 Mil. Hence, Eternity Investment's Days Payable for the six months ended in Dec. 2023 was 144.11.

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

HKSE:00764' s Days Payable Range Over the Past 10 Years
Min: 23.35   Med: 100.45   Max: 357.77
Current: 142.19

During the past 13 years, Eternity Investment's highest Days Payable was 357.77. The lowest was 23.35. And the median was 100.45.

HKSE:00764's Days Payable is ranked better than
73.24% of 284 companies
in the Credit Services industry
Industry Median: 48.93 vs HKSE:00764: 142.19

Eternity Investment's Days Payable increased from Dec. 2022 (92.62) to Dec. 2023 (144.11). It may suggest that Eternity Investment delayed paying its suppliers.


Eternity Investment Days Payable Historical Data

The historical data trend for Eternity Investment'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.

Eternity Investment Days Payable Chart

Eternity Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.35 29.05 43.38 99.14 162.94

Eternity Investment 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 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 47.39 57.36 92.62 118.02 144.11

Competitive Comparison of Eternity Investment's Days Payable

For the Credit Services subindustry, Eternity Investment'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.


Eternity Investment's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Eternity Investment's Days Payable distribution charts can be found below:

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



Eternity Investment 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.

Eternity Investment'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
=( (32.948 + 55.253) / 2 ) / 98.792*365
=44.1005 / 98.792*365
=162.94

Eternity Investment'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
=( (27.257 + 55.253) / 2 ) / 52.245*365 / 2
=41.255 / 52.245*365 / 2
=144.11

* 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.


Eternity Investment Days Payable Related Terms

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Eternity Investment (HKSE:00764) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 1211, Shun Tak Centre, West Tower, Hong Kong, HKG
Eternity Investment Ltd is an investment holding company. The company along with its subsidiaries is engaged in the sale of jewelry products. It operates in four segments Property investment, Sale of financial assets, Moneylending, and Design and sale of jewelry products, and precious stones segment. It generates the highest revenue from the money lending business. The company has a global presence with the majority of the revenue generated from Hong Kong.
Executives
Chu Yuet Wah 2201 Interest of corporation controlled by you
Silver Pacific Development Limited 2201 Interest of corporation controlled by you
Twin Success International Limited 2101 Beneficial owner
Guan Jian 2201 Interest of corporation controlled by you
Lei Hong Wai 2101 Beneficial owner
Cheung Kwok Wai Elton 2101 Beneficial owner
Silver Pacific International Limited 2201 Interest of corporation controlled by you
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares

Eternity Investment (HKSE:00764) Headlines

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