Altus Holdings (HKSE:08149) Days Payable : 367.69 (As of Sep. 2023)

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What is Altus Holdings Days Payable?

Altus Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$9.84 Mil. Altus Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$2.44 Mil. Hence, Altus Holdings's Days Payable for the three months ended in Sep. 2023 was 367.69.

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

HKSE:08149' s Days Payable Range Over the Past 10 Years
Min: 250.39 Med: 359.06 Max: 421.47
Current: 250.39

During the past 9 years, Altus Holdings's highest Days Payable was 421.47. The lowest was 250.39. And the median was 359.06.

HKSE:08149's Days Payable is ranked better than
92.74% of 468 companies
in the Conglomerates industry
Industry Median: 57.64 vs HKSE:08149: 250.39

Altus Holdings's Days Payable increased from Sep. 2022 (3.21) to Sep. 2023 (367.69). It may suggest that Altus Holdings delayed paying its suppliers.

Altus Holdings Days Payable Historical Data

The historical data trend for Altus 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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Altus Holdings Days Payable Chart

Altus Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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359.06

271.46

327.34

346.87

398.32

Altus Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															3.21	3.70	364.45	373.79	367.69

Competitive Comparison of Altus Holdings's Days Payable

For the Conglomerates subindustry, Altus 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.

Altus Holdings's Days Payable Distribution in the Conglomerates Industry

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

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

Altus 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.

Altus 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
=	( (11.33	+	10.548)	/	2 )	/	10.024	*	365
=	10.939					/	10.024	*	365
=	398.32

Altus 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: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	9.84)	/	1 )	/	2.442	*	365 / 4
=	9.84					/	2.442	*	365 / 4
=	367.69

Altus Holdings Days Payable Related Terms

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Altus Holdings (HKSE:08149) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Altus Holdings Ltd (HKSE:08149) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Wing Wo Street, Central, Hong Kong, HKG

Website

https://www.altus.com.hk

Altus Holdings Ltd is an investment holding company. It operates in two segments namely Advisory and consulting and Proprietary investments. The company generates maximum revenue from the Proprietary investments segment. The Proprietary investments segment includes leasing of investment properties for residential and commercial use and derives rental income therefrom as well as holding of a portfolio of securities for dividend income and aims for capital gain.

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