Easy Smart Group Holdings (HKSE:02442) Days Payable : 7.32 (As of Dec. 2024)

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What is Easy Smart Group Holdings Days Payable?

Easy Smart Group Holdings's average Accounts Payable for the six months ended in Dec. 2024 was HK$6.8 Mil. Easy Smart Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$169.1 Mil. Hence, Easy Smart Group Holdings's Days Payable for the six months ended in Dec. 2024 was 7.32.

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

HKSE:02442' s Days Payable Range Over the Past 10 Years
Min: 7.18 Med: 19.44 Max: 32.53
Current: 7.18

During the past 5 years, Easy Smart Group Holdings's highest Days Payable was 32.53. The lowest was 7.18. And the median was 19.44.

HKSE:02442's Days Payable is ranked worse than
91.57% of 913 companies
in the Business Services industry
Industry Median: 45.98 vs HKSE:02442: 7.18

Easy Smart Group Holdings's Days Payable declined from Dec. 2023 (9.05) to Dec. 2024 (7.32). It may suggest that Easy Smart Group Holdings accelerated paying its suppliers.

Easy Smart Group Holdings Days Payable Historical Data

The historical data trend for Easy Smart Group 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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Easy Smart Group Holdings Days Payable Chart

Easy Smart Group Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Days Payable

32.53

30.87

19.44

10.54

11.15

Easy Smart Group Holdings Semi-Annual Data
	Jun20	Jun21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial			9.03	12.11	9.05	8.84	7.32

Competitive Comparison of Easy Smart Group Holdings's Days Payable

For the Security & Protection Services subindustry, Easy Smart Group 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.

Easy Smart Group Holdings's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Easy Smart Group Holdings's Days Payable distribution charts can be found below:

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

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Easy Smart Group 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.

Easy Smart Group Holdings's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

	Days Payable (A: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2023 )	+	Accounts Payable (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (8.366	+	9.305)	/	2 )	/	289.337	*	365
=	8.8355					/	289.337	*	365
=	11.15

Easy Smart Group Holdings's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (9.305	+	4.259)	/	2 )	/	169.106	*	365 / 2
=	6.782					/	169.106	*	365 / 2
=	7.32

Easy Smart Group Holdings Days Payable Related Terms

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Easy Smart Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Easy Smart Group Holdings Ltd (HKSE:02442) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

135-137 Tung Chau Street, Unit A, 10th Floor, Ming Tak Centre, Kowloon, Hong Kong, HKG

Website

https://www.easysmart.com.hk

Easy Smart Group Holdings Ltd operates as a subcontractor specializing in passive fire protection works in Hong Kong. Its passive fire protection works generally involve the design, selection, procurement, and installation of appropriate materials and components in a building to reduce or prevent the spread and effects of fire, heat, or smoke without requiring detection or activation upon detection. The Group has two principal activities: the provision of passive fire protection works and the provision of passive fire protection information services.

Executives

Lofty Profit Investments Limited	2101 Beneficial owner
Ng Wing Woon Dave	2201 Interest of corporation controlled by you
Wong Kwai Ying	2202 Interest of your spouse

Easy Smart Group Holdings Headlines

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