Well Link Securities Holdings (HKSE:08350) Days Payable : 0.00 (As of Jun. 2024)

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What is Well Link Securities Holdings Days Payable?

Well Link Securities Holdings's average Accounts Payable for the three months ended in Jun. 2024 was HK$9.52 Mil. Well Link Securities Holdings's Cost of Goods Sold for the three months ended in Jun. 2024 was HK$0.00 Mil.

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

HKSE:08350' s Days Payable Range Over the Past 10 Years
Min: 729.58 Med: 1163.72 Max: 1879.49
Current: 1726.98

During the past 10 years, Well Link Securities Holdings's highest Days Payable was 1879.49. The lowest was 729.58. And the median was 1163.72.

HKSE:08350's Days Payable is ranked better than
86.41% of 515 companies
in the Capital Markets industry
Industry Median: 105.31 vs HKSE:08350: 1726.98

Well Link Securities Holdings's Days Payable declined from Mar. 2023 (734.59) to Jun. 2024 (0.00). It may suggest that Well Link Securities Holdings accelerated paying its suppliers.

Well Link Securities Holdings Days Payable Historical Data

The historical data trend for Well Link Securities 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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Well Link Securities Holdings Days Payable Chart

Well Link Securities Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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1,045.52

1,879.49

1,451.06

1,375.86

984.90

Well Link Securities Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial															885.06	934.66	3,536.47	-	-

Competitive Comparison of Well Link Securities Holdings's Days Payable

For the Capital Markets subindustry, Well Link Securities 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.

Well Link Securities Holdings's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Well Link Securities Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Well Link Securities Holdings's Days Payable falls into.

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Well Link Securities 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.

Well Link Securities 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
=	( (11.834	+	18.254)	/	2 )	/	3.991	*	365
=	15.044					/	3.991	*	365
=	1,375.86

Well Link Securities 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
=	( (18.254	+	0.794)	/	2 )	/	0	*	365 / 4
=	9.524					/	0	*	365 / 4
=	N/A

Well Link Securities Holdings Days Payable Related Terms

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Well Link Securities Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Well Link Securities Holdings Ltd (HKSE:08350) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

168-200 Connaught Road Central, Unit 1113-1115, 11th floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG

Website

https://www.wlis.com.hk

Well Link Securities Holdings Ltd is a company that mainly provide brokerage services for futures, securities and options traded on the exchanges in Hong Kong, the United States, Japan, Singapore and the United Kingdom. The company also provides margin financing business and money lending business. It has two segments: Brokerage services, margin financing and related advisory services and Money lending, out of which maximum revenue is derived from Brokerage services, margin financing and related advisory services.

Executives

Xu Chujia	2201 Interest of corporation controlled by you
Zhang Meijuan	2101 Beneficial owner
Well Link Fintech Holdings Limited	2101 Beneficial owner
Xu Chujia	2201 Interest of corporation controlled by you
Chan Ying Leung	2103 Interests held jointly with another person
Poon Kwok Wah Allan	2103 Interests held jointly with another person

Well Link Securities Holdings Headlines

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