Global Mastermind Holdings (HKSE:08063) Days Payable : 243.35 (As of Dec. 2023)

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What is Global Mastermind Holdings Days Payable?

Global Mastermind Holdings's average Accounts Payable for the three months ended in Dec. 2023 was HK$11.26 Mil. Global Mastermind Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$4.22 Mil. Hence, Global Mastermind Holdings's Days Payable for the three months ended in Dec. 2023 was 243.35.

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

HKSE:08063' s Days Payable Range Over the Past 10 Years
Min: 174.74 Med: 310.59 Max: 9752.27
Current: 222.5

During the past 13 years, Global Mastermind Holdings's highest Days Payable was 9752.27. The lowest was 174.74. And the median was 310.59.

HKSE:08063's Days Payable is ranked better than
78.25% of 285 companies
in the Credit Services industry
Industry Median: 43.72 vs HKSE:08063: 222.50

Global Mastermind Holdings's Days Payable declined from Dec. 2022 (353.93) to Dec. 2023 (243.35). It may suggest that Global Mastermind Holdings accelerated paying its suppliers.

Global Mastermind Holdings Days Payable Historical Data

The historical data trend for Global Mastermind 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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Global Mastermind Holdings Days Payable Chart

Global Mastermind Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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303.64

501.93

418.26

276.51

219.99

Global Mastermind Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															353.93	232.71	198.46	228.56	243.35

Competitive Comparison of Global Mastermind Holdings's Days Payable

For the Credit Services subindustry, Global Mastermind 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.

Global Mastermind Holdings's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Global Mastermind Holdings's Days Payable distribution charts can be found below:

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

Global Mastermind 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.

Global Mastermind 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
=	( (17.454	+	11.262)	/	2 )	/	23.822	*	365
=	14.358					/	23.822	*	365
=	219.99

Global Mastermind 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	11.262)	/	1 )	/	4.223	*	365 / 4
=	11.262					/	4.223	*	365 / 4
=	243.35

Global Mastermind Holdings Days Payable Related Terms

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Global Mastermind Holdings (HKSE:08063) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Global Mastermind Holdings Ltd (HKSE:08063) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 1201, 12th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.globalmholdings.com

Global Mastermind Holdings Ltd is an investment holding company. The company's operating segments include Travel business; Treasury management business; Money lending business; Brokerage business; Asset management business and Corporate finance advisory business. It generates maximum revenue from the Money lending business segment. Geographically, the company derives the majority of its revenue from Hong Kong.

Executives

Eternity Investment Limited	2201 Interest of corporation controlled by you
Heng Tai Consumables Group Limited	2201 Interest of corporation controlled by you
Heng Tai Finance Limited	2101 Beneficial owner

Global Mastermind Holdings (HKSE:08063) Headlines

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