Taste Gourmet Group (HKSE:08371) Days Payable : 0.00 (As of Sep. 2024)

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What is Taste Gourmet Group Days Payable?

Taste Gourmet Group's average Accounts Payable for the three months ended in Sep. 2024 was HK$69 Mil. Taste Gourmet Group's Cost of Goods Sold for the three months ended in Sep. 2024 was HK$0 Mil.

The historical rank and industry rank for Taste Gourmet Group's Days Payable or its related term are showing as below:

HKSE:08371' s Days Payable Range Over the Past 10 Years
Min: 9.58 Med: 11.83 Max: 77.84
Current: 48.1

During the past 9 years, Taste Gourmet Group's highest Days Payable was 77.84. The lowest was 9.58. And the median was 11.83.

HKSE:08371's Days Payable is ranked better than
63.27% of 343 companies
in the Restaurants industry
Industry Median: 38.68 vs HKSE:08371: 48.10

Taste Gourmet Group's Days Payable declined from Jun. 2023 (13.39) to Sep. 2024 (0.00). It may suggest that Taste Gourmet Group accelerated paying its suppliers.

Taste Gourmet Group Days Payable Historical Data

The historical data trend for Taste Gourmet Group'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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Taste Gourmet Group Days Payable Chart

Taste Gourmet Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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10.13

13.98

9.58

10.07

12.99

Taste Gourmet Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															13.39	55.25	55.23	13.63	-

Competitive Comparison of Taste Gourmet Group's Days Payable

For the Restaurants subindustry, Taste Gourmet Group'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.

Taste Gourmet Group's Days Payable Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Taste Gourmet Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Taste Gourmet Group's Days Payable falls into.

Taste Gourmet Group 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.

Taste Gourmet Group's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (18.353	+	23.121)	/	2 )	/	582.643	*	365
=	20.737					/	582.643	*	365
=	12.99

Taste Gourmet Group's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (23.121	+	115.592)	/	2 )	/	0	*	365 / 4
=	69.3565					/	0	*	365 / 4
=	N/A

Taste Gourmet Group Days Payable Related Terms

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Taste Gourmet Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Taste Gourmet Group Ltd (HKSE:08371) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

99-101 Jervois Street, Unit B, 24th Floor, Crawford Tower, Sheung Wan, Hong Kong, HKG

Website

http://www.tastegourmet.com.hk

Taste Gourmet Group Ltd operates as a holding company. Along with its subsidiaries, it is engaged in operating restaurants serving different kinds of cuisines in Hong Kong and the People's Republic of China (PRC). The restaurants operated by the group offer Vietnamese, Japanese, Chinese, Western cuisines, and other cuisines. Its restaurant's brands comprise La'taste Vietnamese Cuisine, Rakuraku Ramen, Dab-Pa Peking and Szechuan Cuisine, Dab-Pa Peking and Szechuan Bistro, Urawa Japanese Restaurant, Nabe Urawa and Say Cheese, and others. Geographically, the company derives a majority of its revenue from Hong Kong.

Executives

Ikeab Limited	2101 Beneficial owner
Chan Wai Chun	2201 Interest of corporation controlled by you
Wong Ngai Shan	2201 Interest of corporation controlled by you

Taste Gourmet Group Headlines

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