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CSMall Group (HKSE:01815) Days Payable : 27.20 (As of Dec. 2023)


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What is CSMall Group Days Payable?

CSMall Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$41.8 Mil. CSMall Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$280.4 Mil. Hence, CSMall Group's Days Payable for the six months ended in Dec. 2023 was 27.20.

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

HKSE:01815' s Days Payable Range Over the Past 10 Years
Min: 6.73   Med: 22.58   Max: 83.15
Current: 28.86

During the past 10 years, CSMall Group's highest Days Payable was 83.15. The lowest was 6.73. And the median was 22.58.

HKSE:01815's Days Payable is ranked worse than
77.71% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 56.64 vs HKSE:01815: 28.86

CSMall Group's Days Payable increased from Dec. 2022 (6.70) to Dec. 2023 (27.20). It may suggest that CSMall Group delayed paying its suppliers.


CSMall Group Days Payable Historical Data

The historical data trend for CSMall 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.

CSMall Group Days Payable Chart

CSMall Group 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 55.01 83.15 52.96 7.03 25.06

CSMall Group Semi-Annual Data
Dec14 Dec15 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 88.83 7.41 6.70 35.18 27.20

Competitive Comparison of CSMall Group's Days Payable

For the Luxury Goods subindustry, CSMall 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.


CSMall Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CSMall Group's Days Payable distribution charts can be found below:

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



CSMall 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.

CSMall Group'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
=( (36.584 + 32.965) / 2 ) / 506.531*365
=34.7745 / 506.531*365
=25.06

CSMall Group'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
=( (50.618 + 32.965) / 2 ) / 280.373*365 / 2
=41.7915 / 280.373*365 / 2
=27.20

* 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.


CSMall Group Days Payable Related Terms

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CSMall Group (HKSE:01815) Business Description

Traded in Other Exchanges
N/A
Address
No. 99 Beili North Road, 29th Floor Shuibei International, Guangdong Province, Luohu District, Shenzhen, CHN, 518000
CSMall Group Ltd is an investment holding company that operates in the online Jewellery market. The company, along with its subsidiaries, is engaged in the business of design and sale of gold, silver, and other jewelry products. It derives revenue from different sources including Online Sales Channels and Offline Sales and Service networks. The key revenue is derived from Online Sales Channels which comprises a Self-operated online platform and Third-party online sales channels. It has two segments New Jewellery Retail segment and the Fresh Food Retail segment. Its geographical segments are PRC and Hong Kong, of which nearly all of its is generated from the PRC.
Executives
Xue Meiqi 2101 Beneficial owner
Lin Ting 2101 Beneficial owner
China Silver Group Limited 2101 Beneficial owner
Yao Runxiong 2101 Beneficial owner

CSMall Group (HKSE:01815) Headlines

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