Directel Holdings (HKSE:08337) Days Payable : 7.19 (As of Dec. 2023)

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What is Directel Holdings Days Payable?

Directel Holdings's average Accounts Payable for the three months ended in Dec. 2023 was HK$3.3 Mil. Directel Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$41.7 Mil. Hence, Directel Holdings's Days Payable for the three months ended in Dec. 2023 was 7.19.

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

HKSE:08337' s Days Payable Range Over the Past 10 Years
Min: 2.17 Med: 8.21 Max: 149.17
Current: 8.98

During the past 13 years, Directel Holdings's highest Days Payable was 149.17. The lowest was 2.17. And the median was 8.21.

HKSE:08337's Days Payable is ranked worse than
98.55% of 346 companies
in the Telecommunication Services industry
Industry Median: 101.86 vs HKSE:08337: 8.98

Directel Holdings's Days Payable declined from Dec. 2022 (10.55) to Dec. 2023 (7.19). It may suggest that Directel Holdings accelerated paying its suppliers.

Directel Holdings Days Payable Historical Data

The historical data trend for Directel 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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Directel Holdings Days Payable Chart

Directel Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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5.99

2.17

4.26

7.67

8.01

Directel 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															10.55	9.21	9.10	13.51	7.19

Competitive Comparison of Directel Holdings's Days Payable

For the Telecom Services subindustry, Directel 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.

Directel Holdings's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Directel Holdings's Days Payable distribution charts can be found below:

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

Directel 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.

Directel 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
=	( (3.131	+	3.29)	/	2 )	/	146.317	*	365
=	3.2105					/	146.317	*	365
=	8.01

Directel 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	+	3.29)	/	1 )	/	41.74	*	365 / 4
=	3.29					/	41.74	*	365 / 4
=	7.19

Directel Holdings Days Payable Related Terms

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Directel Holdings (HKSE:08337) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Directel Holdings Ltd (HKSE:08337) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.188 Connaught Road West, Office Nos.1,2,14 and 15, 37th Floor, Hong Kong Plaza, Hong Kong, HKG

Website

https://www.directel.hk

Directel Holdings Ltd is engaged in the provision of mobile telecommunications services and value-added services. It provides wholesale distribution business services for telecom terminals such as handsets and walkie-talkies, as well as data traffic top-up services for China and Singapore operators. The company has two operating segments: Telecommunications services; and Distribution business Distribution of mobile phones and electronic products and distribution of mobile and data top-up e-vouchers. Geographically, it operates in Hong Kong, Mainland China, and Singapore. It generates a vast majority of revenue from the distribution business in Hong Kong.

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