World-Link Logistics (Asia) Holding (HKSE:06083) Days Payable : 158.05 (As of Jun. 2024)

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What is World-Link Logistics (Asia) Holding Days Payable?

World-Link Logistics (Asia) Holding's average Accounts Payable for the six months ended in Jun. 2024 was HK$104.2 Mil. World-Link Logistics (Asia) Holding's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$120.3 Mil. Hence, World-Link Logistics (Asia) Holding's Days Payable for the six months ended in Jun. 2024 was 158.05.

The historical rank and industry rank for World-Link Logistics (Asia) Holding's Days Payable or its related term are showing as below:

HKSE:06083' s Days Payable Range Over the Past 10 Years
Min: 8.02 Med: 14.3 Max: 104.83
Current: 104.83

During the past 10 years, World-Link Logistics (Asia) Holding's highest Days Payable was 104.83. The lowest was 8.02. And the median was 14.30.

HKSE:06083's Days Payable is ranked better than
84.9% of 934 companies
in the Transportation industry
Industry Median: 37.385 vs HKSE:06083: 104.83

World-Link Logistics (Asia) Holding's Days Payable increased from Jun. 2023 (16.53) to Jun. 2024 (158.05). It may suggest that World-Link Logistics (Asia) Holding delayed paying its suppliers.

World-Link Logistics (Asia) Holding Days Payable Historical Data

The historical data trend for World-Link Logistics (Asia) Holding'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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World-Link Logistics (Asia) Holding Days Payable Chart

World-Link Logistics (Asia) Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

17.46

18.76

8.02

9.12

96.57

World-Link Logistics (Asia) Holding Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															9.63	11.71	16.53	96.29	158.05

Competitive Comparison of World-Link Logistics (Asia) Holding's Days Payable

For the Integrated Freight & Logistics subindustry, World-Link Logistics (Asia) Holding'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.

World-Link Logistics (Asia) Holding's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, World-Link Logistics (Asia) Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where World-Link Logistics (Asia) Holding's Days Payable falls into.

World-Link Logistics (Asia) Holding 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.

World-Link Logistics (Asia) Holding'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
=	( (6.517	+	131.766)	/	2 )	/	261.34	*	365
=	69.1415					/	261.34	*	365
=	96.57

World-Link Logistics (Asia) Holding'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
=	( (131.766	+	76.668)	/	2 )	/	120.342	*	365 / 2
=	104.217					/	120.342	*	365 / 2
=	158.05

World-Link Logistics (Asia) Holding Days Payable Related Terms

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World-Link Logistics (Asia) Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » World-Link Logistics (Asia) Holding Ltd (HKSE:06083) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

150-164 Texaco Road, 3rd Floor, Allied Cargo Centre, Tsuen Wan, Hong Kong, HKG

Website

http://www.world-linkasia.com

World-Link Logistics (Asia) Holding Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in providing logistics services, packing services and distribution business. The organization offers total supply chain services, warehousing, transportation, data management, and customization services such as repacking and labeling services, and value-added services. The operating segments of the group are Supply chain management service business and Full service distribution business. It generates maximum revenue from the logistics solutions business. All the business operations of the company are located in Hong Kong and Macau.

Executives

Orange Blossom International Limited	2101 Beneficial owner
Law Wai Yee	2202 Interest of your spouse
Yeung Kwong Fat	2201 Interest of corporation controlled by you
Best Matrix Global Limited
Leader Speed Limited
Chan Pik Shan
Lee Kam Hung
Luk Yau Chi Desmond
Wong Soo Fung

World-Link Logistics (Asia) Holding Headlines

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