Trendzon Holdings Group (HKSE:01865) Days Payable : 80.14 (As of Sep. 2023)

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What is Trendzon Holdings Group Days Payable?

Trendzon Holdings Group's average Accounts Payable for the six months ended in Sep. 2023 was HK$65.8 Mil. Trendzon Holdings Group's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$149.8 Mil. Hence, Trendzon Holdings Group's Days Payable for the six months ended in Sep. 2023 was 80.14.

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

HKSE:01865' s Days Payable Range Over the Past 10 Years
Min: 31.04 Med: 45.97 Max: 72.5
Current: 57.82

During the past 8 years, Trendzon Holdings Group's highest Days Payable was 72.50. The lowest was 31.04. And the median was 45.97.

HKSE:01865's Days Payable is ranked worse than
64.07% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs HKSE:01865: 57.82

Trendzon Holdings Group's Days Payable increased from Sep. 2022 (50.65) to Sep. 2023 (80.14). It may suggest that Trendzon Holdings Group delayed paying its suppliers.

Trendzon Holdings Group Days Payable Historical Data

The historical data trend for Trendzon Holdings 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.

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Trendzon Holdings Group Days Payable Chart

Trendzon Holdings Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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31.04

41.20

38.48

36.18

72.50

Trendzon Holdings Group Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial										24.75	35.49	50.65	57.78	80.14

Competitive Comparison of Trendzon Holdings Group's Days Payable

For the Engineering & Construction subindustry, Trendzon Holdings 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.

Trendzon Holdings Group's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trendzon Holdings Group's Days Payable distribution charts can be found below:

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

Trendzon Holdings 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.

Trendzon Holdings 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
=	( (32.126	+	90.408)	/	2 )	/	308.467	*	365
=	61.267					/	308.467	*	365
=	72.50

Trendzon Holdings 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
=	( (90.408	+	41.109)	/	2 )	/	149.756	*	365 / 2
=	65.7585					/	149.756	*	365 / 2
=	80.14

Trendzon Holdings Group Days Payable Related Terms

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Trendzon Holdings Group (HKSE:01865) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trendzon Holdings Group Ltd (HKSE:01865) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Gateway, Suite 2108, Prudential Tower, Harbour City, Hong Kong, HKG, 758110

Website

https://www.trendzon1865.com

Trendzon Holdings Group Ltd is an investment holding company. It is engaged in the provision of infrastructural pipeline construction and related engineering services mainly to private and public utilities companies in the gas, water, telecommunications, and power industries, trading of building materials, brokerage, placing and margin financing services. The company's operating segment includes Construction services, Brokerage, placing and margin financing services, and Trading of building materials. It generates maximum revenue from the Construction contracts segment. Geographically, it derives a majority of its revenue from Singapore.

Executives

Zhang Jiancheng	2201 Interest of corporation controlled by you
Zhong Bei Zi Ben You Xian Gong Si	2101 Beneficial owner
Shang Hai He Ri Tou Zi You Xian Gong Si	2101 Beneficial owner

Trendzon Holdings Group (HKSE:01865) Headlines

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