TBK & Sons Holdings (HKSE:01960) Days Payable : 102.89 (As of Dec. 2023)

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What is TBK & Sons Holdings Days Payable?

TBK & Sons Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$58.7 Mil. TBK & Sons Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$104.1 Mil. Hence, TBK & Sons Holdings's Days Payable for the six months ended in Dec. 2023 was 102.89.

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

HKSE:01960' s Days Payable Range Over the Past 10 Years
Min: 6.82 Med: 42.87 Max: 133.17
Current: 85.82

During the past 8 years, TBK & Sons Holdings's highest Days Payable was 133.17. The lowest was 6.82. And the median was 42.87.

HKSE:01960's Days Payable is ranked better than
55.6% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs HKSE:01960: 85.82

TBK & Sons Holdings's Days Payable increased from Dec. 2022 (11.20) to Dec. 2023 (102.89). It may suggest that TBK & Sons Holdings delayed paying its suppliers.

TBK & Sons Holdings Days Payable Historical Data

The historical data trend for TBK & Sons 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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TBK & Sons Holdings Days Payable Chart

TBK & Sons Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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89.60

133.17

41.84

6.82

24.23

TBK & Sons Holdings Semi-Annual Data
	Jun16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									5.98	4.90	11.20	68.70	102.89

Competitive Comparison of TBK & Sons Holdings's Days Payable

For the Engineering & Construction subindustry, TBK & Sons 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.

TBK & Sons Holdings's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where TBK & Sons Holdings's Days Payable falls into.

TBK & Sons 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.

TBK & Sons Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (30.366	+	49.071)	/	2 )	/	598.401	*	365
=	39.7185					/	598.401	*	365
=	24.23

TBK & Sons Holdings'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
=	( (49.071	+	68.264)	/	2 )	/	104.064	*	365 / 2
=	58.6675					/	104.064	*	365 / 2
=	102.89

TBK & Sons Holdings Days Payable Related Terms

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TBK & Sons Holdings (HKSE:01960) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » TBK & Sons Holdings Ltd (HKSE:01960) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Batu 2 Jalan Seremban, Lot 333, Kampung Paya, Port Dickson, NSN, MYS, 71000

Website

https://www.tbkssb.com.my

TBK & Sons Holdings Ltd is an investment holding company. Its operating segments are: Site preparation works projects, Construction and renovation works projects, Civil works projects, Building works projects, and Trading of oil and related products. The company generates a majority of its revenue from the trading of oil and related products. The civil works projects segment deals in site preparation work such as earthwork, demolition works, and temporary facilities infrastructure construction, including building temporary site offices, canteens, warehouses, and other civil works. Geographically, it operates in Hong Kong, Malaysia, and the PRC, with the maximum revenue generated from the People's Republic of China.

Executives

Fuji Investment Spc	2201 Interest of corporation controlled by you
Victory Lead Ventures Limited	2101 Beneficial owner
Tan Han Peng	2201 Interest of corporation controlled by you
Tan Hun Tiong	2201 Interest of corporation controlled by you
Tan Siew Hong	2202 Interest of your spouse
Tbk & Sons International Limited	2101 Beneficial owner
Yang Dunwei	2201 Interest of corporation controlled by you
Hong Hui Guo Ji You Xian Gong Si	2106 Person having a security interest in shares

TBK & Sons Holdings (HKSE:01960) Headlines

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