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Wang On Group (HKSE:01222) Days Payable : 44.72 (As of Sep. 2023)


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What is Wang On Group Days Payable?

Wang On Group's average Accounts Payable for the six months ended in Sep. 2023 was HK$172 Mil. Wang On Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$701 Mil. Hence, Wang On Group's Days Payable for the six months ended in Sep. 2023 was 44.72.

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

HKSE:01222' s Days Payable Range Over the Past 10 Years
Min: 19.01   Med: 34.28   Max: 59.83
Current: 36.66

During the past 13 years, Wang On Group's highest Days Payable was 59.83. The lowest was 19.01. And the median was 34.28.

HKSE:01222's Days Payable is ranked worse than
73.19% of 470 companies
in the Conglomerates industry
Industry Median: 59.305 vs HKSE:01222: 36.66

Wang On Group's Days Payable increased from Sep. 2022 (17.21) to Sep. 2023 (44.72). It may suggest that Wang On Group delayed paying its suppliers.


Wang On Group Days Payable Historical Data

The historical data trend for Wang On Group'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.

Wang On Group Days Payable Chart

Wang On Group 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 35.71 29.50 32.54 37.31 19.01

Wang On Group Semi-Annual Data
Mar14 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 44.53 33.25 17.21 29.51 44.72

Competitive Comparison of Wang On Group's Days Payable

For the Conglomerates subindustry, Wang On Group'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.


Wang On Group's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wang On Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Wang On Group's Days Payable falls into.



Wang On Group 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.

Wang On Group'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
=( (109.85 + 155.151) / 2 ) / 2543.843*365
=132.5005 / 2543.843*365
=19.01

Wang On Group'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
=( (155.151 + 188.614) / 2 ) / 701.427*365 / 2
=171.8825 / 701.427*365 / 2
=44.72

* 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.


Wang On Group Days Payable Related Terms

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Wang On Group (HKSE:01222) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 3202, 32nd Floor, Skyline Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Wang On Group Ltd is an investment holding company engaged in property development businesses. It operates in five business segments. The Property Development segment is engaged in the development of properties. The Property Investment segment is engaged in investment in industrial and commercial premises and residential units for rental or for sale. The Fresh markets segment is engaged in the management and sub-licensing of fresh markets and butchery business. The Pharmaceutical segment engages in the production and sale of pharmaceutical and health food products. The Treasury management segment engages in the provision of finance and investments in debt and other securities which earn interest income.
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