Golden Power Group Holdings (HKSE:03919) Days Payable : 160.53 (As of Dec. 2023)

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What is Golden Power Group Holdings Days Payable?

Golden Power Group Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$92.8 Mil. Golden Power Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$105.5 Mil. Hence, Golden Power Group Holdings's Days Payable for the six months ended in Dec. 2023 was 160.53.

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

HKSE:03919' s Days Payable Range Over the Past 10 Years
Min: 112.41 Med: 128.31 Max: 165.37
Current: 164.71

During the past 10 years, Golden Power Group Holdings's highest Days Payable was 165.37. The lowest was 112.41. And the median was 128.31.

HKSE:03919's Days Payable is ranked better than
80.48% of 2936 companies
in the Industrial Products industry
Industry Median: 76.705 vs HKSE:03919: 164.71

Golden Power Group Holdings's Days Payable increased from Dec. 2022 (142.69) to Dec. 2023 (160.53). It may suggest that Golden Power Group Holdings delayed paying its suppliers.

Golden Power Group Holdings Days Payable Historical Data

The historical data trend for Golden Power 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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Golden Power Group Holdings Days Payable Chart

Golden Power Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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124.76

126.46

112.41

115.10

165.37

Golden Power Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															122.95	142.25	142.69	168.71	160.53

Competitive Comparison of Golden Power Group Holdings's Days Payable

For the Electrical Equipment & Parts subindustry, Golden Power 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.

Golden Power Group Holdings's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Golden Power Group Holdings's Days Payable distribution charts can be found below:

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

Golden Power 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.

Golden Power Group 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
=	( (84.581	+	96.219)	/	2 )	/	199.532	*	365
=	90.4					/	199.532	*	365
=	165.37

Golden Power Group 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
=	( (89.326	+	96.219)	/	2 )	/	105.471	*	365 / 2
=	92.7725					/	105.471	*	365 / 2
=	160.53

Golden Power Group Holdings Days Payable Related Terms

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Golden Power Group Holdings (HKSE:03919) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Golden Power Group Holdings Ltd (HKSE:03919) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

57 Ting Kok Road, Flat C, 20th Floor, Block 1, Tai Ping Industrial Centre, Tai Po, New Territories, Hong Kong, HKG

Website

http://www.goldenpower.com

Golden Power Group Holdings Ltd is an investment holding company, which engages in the manufacture and sale of batteries for electronic devices. It operates through the following segments: Disposable Batteries, Rechargeable Batteries, and Other Battery-Related Products. The Disposable Batteries segment contains cylindrical batteries and micro-button cells. The Rechargeable Batteries and Other Battery-Related Products segment include battery charges, battery power packs, and electric fans. The majority of the firm's revenue is derived from the sale of disposable batteries. Its geographical segments are China, Hong Kong, Asia (except the PRC and Hong Kong), Europe, Eastern Europe, North America, South America, Australia, Africa, and the Middle East.

Executives

Golden Villa Ltd.	2101 Beneficial owner
Triumph Treasure Holdings Limited	2101 Beneficial owner
Chu King Tien	2201 Interest of corporation controlled by you
Mo Yuk Ling	2202 Interest of your spouse
Chu Shuk Ching	2201 Interest of corporation controlled by you

Golden Power Group Holdings (HKSE:03919) Headlines

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