Kidztech Holdings (HKSE:06918) Days Payable : 221.61 (As of Jun. 2024)

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What is Kidztech Holdings Days Payable?

Kidztech Holdings's average Accounts Payable for the six months ended in Jun. 2024 was HK$54.8 Mil. Kidztech Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$45.1 Mil. Hence, Kidztech Holdings's Days Payable for the six months ended in Jun. 2024 was 221.61.

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

HKSE:06918' s Days Payable Range Over the Past 10 Years
Min: 25.76 Med: 40.55 Max: 222.37
Current: 222.37

During the past 8 years, Kidztech Holdings's highest Days Payable was 222.37. The lowest was 25.76. And the median was 40.55.

HKSE:06918's Days Payable is ranked better than
84.92% of 756 companies
in the Travel & Leisure industry
Industry Median: 57.965 vs HKSE:06918: 222.37

Kidztech Holdings's Days Payable declined from Jun. 2023 (348.07) to Jun. 2024 (221.61). It may suggest that Kidztech Holdings accelerated paying its suppliers.

Kidztech Holdings Days Payable Historical Data

The historical data trend for Kidztech 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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Kidztech Holdings Days Payable Chart

Kidztech Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.57

39.52

89.85

194.53

175.94

Kidztech Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial									208.80	339.63	348.07	198.66	221.61

Competitive Comparison of Kidztech Holdings's Days Payable

For the Leisure subindustry, Kidztech 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.

Kidztech Holdings's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kidztech Holdings's Days Payable distribution charts can be found below:

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

Kidztech 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.

Kidztech 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
=	( (68.091	+	54.63)	/	2 )	/	127.297	*	365
=	61.3605					/	127.297	*	365
=	175.94

Kidztech 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
=	( (54.63	+	54.896)	/	2 )	/	45.098	*	365 / 2
=	54.763					/	45.098	*	365 / 2
=	221.61

Kidztech Holdings Days Payable Related Terms

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Kidztech Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kidztech Holdings Ltd (HKSE:06918) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Chengyanggang Road, Ancheng Highway, Lianxia Town, Chenghai District, Guangdong Province, Shantou, CHN

Website

https://www.kidztech.net

Kidztech Holdings Ltd is a smart interactive entertainment product provider. The company designs, develops, manufactures, and sells smart toy vehicles, smart interactive toys, and traditional toys. It sells its products to retail customers mainly comprised of multinational and national retailers operating mass-market retail chain stores, including both comprehensive retailers and toy specialty retailers. The products are sold under the Kidztech brand. The sale of Smart toy vehicles derives key revenue for the firm. The company earns the majority of its revenue from Hong Kong.

Executives

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Chen Cheng	2202 Interest of your spouse
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Yu Huang	2201 Interest of corporation controlled by you
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Wu Xiongbin	2201 Interest of corporation controlled by you
He Jingxing	2201 Interest of corporation controlled by you
Charming Flair Limited	2101 Beneficial owner
Chen Chongjian	2201 Interest of corporation controlled by you
Gold-face Finance Limited	2106 Person having a security interest in shares
Zheng Jingyun
Cai Fenguang	2201 Interest of corporation controlled by you
Ng Mo Sum	2201 Interest of corporation controlled by you
Wu Shu Peng	2202 Interest of your spouse

Kidztech Holdings Headlines

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