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Vicon Holdings (HKSE:03878) Days Payable : 41.80 (As of Sep. 2023)


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What is Vicon Holdings Days Payable?

Vicon Holdings's average Accounts Payable for the six months ended in Sep. 2023 was HK$71.4 Mil. Vicon Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$311.6 Mil. Hence, Vicon Holdings's Days Payable for the six months ended in Sep. 2023 was 41.80.

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

HKSE:03878' s Days Payable Range Over the Past 10 Years
Min: 45.89   Med: 72.06   Max: 138.64
Current: 45.89

During the past 9 years, Vicon Holdings's highest Days Payable was 138.64. The lowest was 45.89. And the median was 72.06.

HKSE:03878's Days Payable is ranked worse than
74.78% of 1606 companies
in the Construction industry
Industry Median: 76.71 vs HKSE:03878: 45.89

Vicon Holdings's Days Payable declined from Sep. 2022 (60.45) to Sep. 2023 (41.80). It may suggest that Vicon Holdings accelerated paying its suppliers.


Vicon Holdings Days Payable Historical Data

The historical data trend for Vicon 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.

Vicon Holdings Days Payable Chart

Vicon Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only 74.01 61.30 72.06 138.64 54.56

Vicon Holdings Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 154.29 165.48 60.45 51.21 41.80

Competitive Comparison of Vicon Holdings's Days Payable

For the Engineering & Construction subindustry, Vicon 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.


Vicon Holdings's Days Payable Distribution in the Construction Industry

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

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



Vicon 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.

Vicon Holdings'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
=( (45.915 + 65.081) / 2 ) / 371.309*365
=55.498 / 371.309*365
=54.56

Vicon Holdings'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
=( (65.081 + 77.632) / 2 ) / 311.581*365 / 2
=71.3565 / 311.581*365 / 2
=41.80

* 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.


Vicon Holdings Days Payable Related Terms

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Vicon Holdings (HKSE:03878) Business Description

Traded in Other Exchanges
N/A
Address
133 Hoi Bun Road, Office D, 16th Floor, MG Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Vicon Holdings Ltd is a Hong Kong-based investment company. The company is engaged in foundation works and ancillary services. Geographically, the company derives maximum of its revenue from Hong Kong. The company segments include construction works and leasing of construction machinery. The company earns maximum revenue from the construction segment. The company's foundation projects involve different types of construction works, such as piling construction, ELS works, pile cap construction, and general building work in Hong Kong.
Executives
Vic Group Holdings Limited 2101 Beneficial owner
Chow Kwok Chun 2201 Interest of corporation controlled by you
Hon Yuk Hung 2202 Interest of your spouse

Vicon Holdings (HKSE:03878) Headlines

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