Quali-Smart Holdings (HKSE:01348) Days Payable : 91.39 (As of Sep. 2023)

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What is Quali-Smart Holdings Days Payable?

Quali-Smart Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$53.5 Mil. Quali-Smart Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$106.8 Mil. Hence, Quali-Smart Holdings's Days Payable for the six months ended in Sep. 2023 was 91.39.

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

HKSE:01348' s Days Payable Range Over the Past 10 Years
Min: 22.18 Med: 80.24 Max: 176.69
Current: 112.56

During the past 12 years, Quali-Smart Holdings's highest Days Payable was 176.69. The lowest was 22.18. And the median was 80.24.

HKSE:01348's Days Payable is ranked better than
68.25% of 756 companies
in the Travel & Leisure industry
Industry Median: 59.87 vs HKSE:01348: 112.56

Quali-Smart Holdings's Days Payable increased from Sep. 2022 (77.59) to Sep. 2023 (91.39). It may suggest that Quali-Smart Holdings delayed paying its suppliers.

Quali-Smart Holdings Days Payable Historical Data

The historical data trend for Quali-Smart 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.

Quali-Smart Holdings Days Payable Chart

Quali-Smart Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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65.96

74.97

61.97

85.51

97.15

Quali-Smart 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															71.74	102.14	77.59	132.40	91.39

Competitive Comparison of Quali-Smart Holdings's Days Payable

For the Leisure subindustry, Quali-Smart 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.

Quali-Smart Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Quali-Smart Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Quali-Smart Holdings's Days Payable falls into.

Quali-Smart 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.

Quali-Smart 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
=	( (103.26	+	54.764)	/	2 )	/	296.867	*	365
=	79.012					/	296.867	*	365
=	97.15

Quali-Smart 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
=	( (54.764	+	52.209)	/	2 )	/	106.806	*	365 / 2
=	53.4865					/	106.806	*	365 / 2
=	91.39

Quali-Smart Holdings Days Payable Related Terms

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Quali-Smart Holdings (HKSE:01348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Quali-Smart Holdings Ltd (HKSE:01348) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Hoi Shing Road, Tsuen Wan, Workshop C, 19th Floor, TML Tower, New Territories, Hong Kong, HKG

Website

http://www.quali-smart.com.hk

Quali-Smart Holdings Ltd is an investment holding company. The company's operating segment includes Manufacturing and sales of toys and Financial Services. It generates maximum revenue from the Manufacturing and sales of toys segment. The Financial Services segment includes securities brokerage, underwriting, securities margin financing, investment advisory, corporate finance, and asset management services. Geographically, it derives a majority of its revenue from North America which includes the United States of America and Canada, and also has a presence in the United Kingdom; France; PRC, and Taiwan; Central America, Caribbean, and Mexico; Australia, New Zealand, and Pacific Islands and other countries.

Executives

Benefit Global Limited	2101 Beneficial owner
Blackpine Private Equity Partners G.p. Limited	2201 Interest of corporation controlled by you
Clearfield Global Limited	2201 Interest of corporation controlled by you
Chu Lawrence Sheng Yu	2201 Interest of corporation controlled by you
Li Man Yee Stella	2101 Beneficial owner
Lau Ho Ming Peter	2101 Beneficial owner
Smart Investor Holdings Limited	2101 Beneficial owner
Zhongtai Securities Company Limited
Zhong Tai Jin Rong Guo Ji You Xian Gong Si	2101 Beneficial owner
Shan Dong Gang Tie Ji Tuan You Xian Gong Si
Lai Wu Gang Tie Ji Tuan You Xian Gong Si

Quali-Smart Holdings (HKSE:01348) Headlines

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