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Ka Shui International Holdings (HKSE:00822) Days Payable : 55.77 (As of Dec. 2023)


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What is Ka Shui International Holdings Days Payable?

Ka Shui International Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$188 Mil. Ka Shui International Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$616 Mil. Hence, Ka Shui International Holdings's Days Payable for the six months ended in Dec. 2023 was 55.77.

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

HKSE:00822' s Days Payable Range Over the Past 10 Years
Min: 58.42   Med: 71.98   Max: 86.91
Current: 65.39

During the past 13 years, Ka Shui International Holdings's highest Days Payable was 86.91. The lowest was 58.42. And the median was 71.98.

HKSE:00822's Days Payable is ranked worse than
58.55% of 2929 companies
in the Industrial Products industry
Industry Median: 76.43 vs HKSE:00822: 65.39

Ka Shui International Holdings's Days Payable declined from Dec. 2022 (55.91) to Dec. 2023 (55.77). It may suggest that Ka Shui International Holdings accelerated paying its suppliers.


Ka Shui International Holdings Days Payable Historical Data

The historical data trend for Ka Shui International 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.

Ka Shui International Holdings Days Payable Chart

Ka Shui International Holdings 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 76.56 71.14 58.42 61.63 69.81

Ka Shui International 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 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 53.41 69.77 55.91 73.82 55.77

Competitive Comparison of Ka Shui International Holdings's Days Payable

For the Metal Fabrication subindustry, Ka Shui International 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.


Ka Shui International Holdings's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ka Shui International Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Ka Shui International Holdings's Days Payable falls into.



Ka Shui International 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.

Ka Shui International 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
=( (184.897 + 214.513) / 2 ) / 1044.1*365
=199.705 / 1044.1*365
=69.81

Ka Shui International 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
=( (161.74 + 214.513) / 2 ) / 615.625*365 / 2
=188.1265 / 615.625*365 / 2
=55.77

* 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.


Ka Shui International Holdings Days Payable Related Terms

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Ka Shui International Holdings (HKSE:00822) Business Description

Traded in Other Exchanges
N/A
Address
1 Wang Kwong Road, Room A, 29th Floor, Tower B, Billion Centre, Kowloon Bay, Kowloon, Hong Kong, HKG
Ka Shui International Holdings Ltd is involved in the die casting of alloy and plastic injection businesses. The company operates through five segments: Magnesium alloy die casting, Zinc alloy die casting, Aluminum alloy die casting, Plastic injection, trading of lighting products and home appliances as well as provision of motor vehicle repair services. It generates maximum revenue from the Plastic injection segment. Geographically, it derives a majority of its revenue from China and also has a presence in Hong Kong; Japan; the USA, and other countries.
Executives
Lee Yuen Fat 2101 Beneficial owner
Precisefull Limited 2101 Beneficial owner

Ka Shui International Holdings (HKSE:00822) Headlines

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