Tsui Wah Holdings (HKSE:01314) Days Payable : 18.62 (As of Sep. 2023)

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What is Tsui Wah Holdings Days Payable?

Tsui Wah Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$30.6 Mil. Tsui Wah Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$300.1 Mil. Hence, Tsui Wah Holdings's Days Payable for the six months ended in Sep. 2023 was 18.62.

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

HKSE:01314' s Days Payable Range Over the Past 10 Years
Min: 18.55 Med: 24.68 Max: 26.81
Current: 20.46

During the past 12 years, Tsui Wah Holdings's highest Days Payable was 26.81. The lowest was 18.55. And the median was 24.68.

HKSE:01314's Days Payable is ranked worse than
84.12% of 340 companies
in the Restaurants industry
Industry Median: 38.19 vs HKSE:01314: 20.46

Tsui Wah Holdings's Days Payable declined from Sep. 2022 (20.93) to Sep. 2023 (18.62). It may suggest that Tsui Wah Holdings accelerated paying its suppliers.

Tsui Wah Holdings Days Payable Historical Data

The historical data trend for Tsui Wah 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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Tsui Wah Holdings Days Payable Chart

Tsui Wah Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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24.71

18.55

19.17

19.06

18.81

Tsui Wah Holdings 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															19.81	20.90	20.93	21.24	18.62

Competitive Comparison of Tsui Wah Holdings's Days Payable

For the Restaurants subindustry, Tsui Wah 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.

Tsui Wah Holdings's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tsui Wah Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Tsui Wah Holdings's Days Payable falls into.

Tsui Wah 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.

Tsui Wah 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
=	( (27.311	+	28.17)	/	2 )	/	538.15	*	365
=	27.7405					/	538.15	*	365
=	18.81

Tsui Wah 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
=	( (28.17	+	33.067)	/	2 )	/	300.147	*	365 / 2
=	30.6185					/	300.147	*	365 / 2
=	18.62

Tsui Wah Holdings Days Payable Related Terms

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Tsui Wah Holdings (HKSE:01314) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tsui Wah Holdings Ltd (HKSE:01314) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1–7 Shing Chuen Road,, Unit A, 3 Floor Sunking Industry Building,, Tai Wai, Sha Tin New Territories, Hong Kong, HKG

Website

https://www.tsuiwah.com

Tsui Wah Holdings Ltd is an investment holding company. It is principally engaged in the provision of food catering services through restaurants in Hong Kong, the People's Republic of China, Macau, and Singapore. geographically the majority of its revenue comes from Mainland China.

Executives

Cheung Yu To	2103 Interests held jointly with another person
Ho Ting Chi	2103 Interests held jointly with another person
Chan Choi Fung	2202 Interest of your spouse
Lee Yuen Hong	2103 Interests held jointly with another person
Cheung Wai Keung	2103 Interests held jointly with another person
Cheung Yue Pui	2103 Interests held jointly with another person
Lam Hiu Man	2202 Interest of your spouse
Lui Ning	2202 Interest of your spouse
Tai Ngan Har Talia	2202 Interest of your spouse
Woo Chun Li	2202 Interest of your spouse

Tsui Wah Holdings (HKSE:01314) Headlines

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