Eagle Nice (International) Holdings (HKSE:02368) Days Payable : 27.10 (As of Sep. 2024)

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What is Eagle Nice (International) Holdings Days Payable?

Eagle Nice (International) Holdings's average Accounts Payable for the six months ended in Sep. 2024 was HK$367 Mil. Eagle Nice (International) Holdings's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$2,474 Mil. Hence, Eagle Nice (International) Holdings's Days Payable for the six months ended in Sep. 2024 was 27.10.

The historical rank and industry rank for Eagle Nice (International) Holdings's Days Payable or its related term are showing as below:

HKSE:02368' s Days Payable Range Over the Past 10 Years
Min: 29.35 Med: 35.07 Max: 37.45
Current: 34.59

During the past 13 years, Eagle Nice (International) Holdings's highest Days Payable was 37.45. The lowest was 29.35. And the median was 35.07.

HKSE:02368's Days Payable is ranked worse than
69.83% of 1021 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 55.93 vs HKSE:02368: 34.59

Eagle Nice (International) Holdings's Days Payable declined from Sep. 2023 (32.79) to Sep. 2024 (27.10). It may suggest that Eagle Nice (International) Holdings accelerated paying its suppliers.

Eagle Nice (International) Holdings Days Payable Historical Data

The historical data trend for Eagle Nice (International) 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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Eagle Nice (International) Holdings Days Payable Chart

Eagle Nice (International) Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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36.44

35.88

34.67

37.40

37.45

Eagle Nice (International) Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															28.07	50.14	32.79	44.94	27.10

Competitive Comparison of Eagle Nice (International) Holdings's Days Payable

For the Apparel Manufacturing subindustry, Eagle Nice (International) 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.

Eagle Nice (International) Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Eagle Nice (International) Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Eagle Nice (International) Holdings's Days Payable falls into.

Eagle Nice (International) 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.

Eagle Nice (International) Holdings's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (375.744	+	306.698)	/	2 )	/	3325.976	*	365
=	341.221					/	3325.976	*	365
=	37.45

Eagle Nice (International) Holdings's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (306.698	+	428.17)	/	2 )	/	2474.03	*	365 / 2
=	367.434					/	2474.03	*	365 / 2
=	27.10

Eagle Nice (International) Holdings Days Payable Related Terms

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Eagle Nice (International) Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Eagle Nice (International) Holdings Ltd (HKSE:02368) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Ta Chuen Ping Street, 9th Floor, Tower B, Regent Centre, Units 0902-0903 and 0905-0906, New Territories, Kwai Chung, HKG

Website

https://www.eaglenice.com.hk

Eagle Nice (International) Holdings Ltd is an investment holding company based in Hong Kong. The company, along with its subsidiaries, is primarily engaged in the manufacturing and trading of sportswear and garments. Some of the company's products include down Jackets, Tracksuits, Sweaters, and Sports pants, among others. Geographically, the company's reportable segments are Mainland China, the USA, Europe, Japan, and Others. It derives a majority of revenue from Mainland China followed by the US and Europe.

Executives

Webb David Michael	2201 Interest of corporation controlled by you
Chung Yuk Sing	2101 Beneficial owner
Huang Yongbiao	2101 Beneficial owner
Chen Hsiao Ying	2101 Beneficial owner
Pou Chen Corporation	2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited	2201 Interest of corporation controlled by you
Time Easy Investment Holdings Limited
Excel Skill International Limited

Eagle Nice (International) Holdings Headlines

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