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Perfect Group International Holdings (HKSE:03326) Days Payable : 57.22 (As of Jun. 2024)


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What is Perfect Group International Holdings Days Payable?

Perfect Group International Holdings's average Accounts Payable for the six months ended in Jun. 2024 was HK$35.2 Mil. Perfect Group International Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$112.2 Mil. Hence, Perfect Group International Holdings's Days Payable for the six months ended in Jun. 2024 was 57.22.

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

HKSE:03326' s Days Payable Range Over the Past 10 Years
Min: 16.19   Med: 55.57   Max: 123.32
Current: 62.93

During the past 11 years, Perfect Group International Holdings's highest Days Payable was 123.32. The lowest was 16.19. And the median was 55.57.

HKSE:03326's Days Payable is ranked better than
56.15% of 1090 companies
in the Retail - Cyclical industry
Industry Median: 54.98 vs HKSE:03326: 62.93

Perfect Group International Holdings's Days Payable declined from Jun. 2023 (66.26) to Jun. 2024 (57.22). It may suggest that Perfect Group International Holdings accelerated paying its suppliers.


Perfect Group International Holdings Days Payable Historical Data

The historical data trend for Perfect Group 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.

* Premium members only.

Perfect Group International Holdings Days Payable Chart

Perfect Group International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.32 43.22 56.70 53.68 58.18

Perfect Group International Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 76.47 66.26 54.04 57.22 76.85

Competitive Comparison of Perfect Group International Holdings's Days Payable

For the Luxury Goods subindustry, Perfect Group 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.


Perfect Group International Holdings's Days Payable Distribution in the Retail - Cyclical Industry

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

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


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Perfect Group 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.

Perfect Group International Holdings'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
=( (40.031 + 32.481) / 2 ) / 246.507*365
=36.256 / 246.507*365
=53.68

Perfect Group International Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (32.481 + 37.902) / 2 ) / 112.232*365 / 2
=35.1915 / 112.232*365 / 2
=57.22

* 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.


Perfect Group International Holdings Days Payable Related Terms

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Perfect Group International Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Sheung Yuet Road, 26th Floor, YHC Tower, Kowloon Bay, Hong Kong, HKG
Perfect Group International Holdings Ltd is engaged in the design, manufacture, and sales of jewelry products mounted with diamonds. The company has two reportable segments namely Manufacturing and sales of jewellery products, Property business, and Photovoltaic power generation business. Geographically, it generates the majority of its revenue from Hong Kong and has an operation in the PRC and Dubai. It offers products such as rings, earrings, pendants, bangles, necklaces, bracelets, and others.
Executives
Kan Kin Kwong 2101 Beneficial owner
Shek Mei Chun 2202 Interest of your spouse
Chow Chin Yui Angela 2101 Beneficial owner
Classic Sapphire Holdings Limited 2101 Beneficial owner
Richemont Asset Management Limited

Perfect Group International Holdings Headlines

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