Dowway Holdings (HKSE:08403) Days Payable : 161.56 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Dowway Holdings Days Payable?

Dowway Holdings's average Accounts Payable for the three months ended in Dec. 2023 was HK$77.7 Mil. Dowway Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$43.9 Mil. Hence, Dowway Holdings's Days Payable for the three months ended in Dec. 2023 was 161.56.

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

HKSE:08403' s Days Payable Range Over the Past 10 Years
Min: 89.74 Med: 126.02 Max: 233.99
Current: 232.61

During the past 9 years, Dowway Holdings's highest Days Payable was 233.99. The lowest was 89.74. And the median was 126.02.

HKSE:08403's Days Payable is ranked better than
79.57% of 920 companies
in the Media - Diversified industry
Industry Median: 81.555 vs HKSE:08403: 232.61

Dowway Holdings's Days Payable increased from Dec. 2022 (88.68) to Dec. 2023 (161.56). It may suggest that Dowway Holdings delayed paying its suppliers.

Dowway Holdings Days Payable Historical Data

The historical data trend for Dowway 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.

* Premium members only.

Dowway Holdings Days Payable Chart

Dowway Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

89.74

143.84

123.30

148.67

233.99

Dowway 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															88.68	811.96	141.84	337.96	161.56

Competitive Comparison of Dowway Holdings's Days Payable

For the Advertising Agencies subindustry, Dowway 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.

Dowway Holdings's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dowway Holdings's Days Payable distribution charts can be found below:

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

Dowway 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.

Dowway 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
=	( (86.2	+	70.279)	/	2 )	/	122.048	*	365
=	78.2395					/	122.048	*	365
=	233.99

Dowway 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
=	( (85.179	+	70.279)	/	2 )	/	43.901	*	365 / 4
=	77.729					/	43.901	*	365 / 4
=	161.56

Dowway Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Dowway Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Dowway Holdings (HKSE:08403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dowway Holdings Ltd (HKSE:08403) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.12 Dongdaqiao Road, Room No. 501-509, 5th Floor, Run Cheng Centre, Chaoyang District, Beijing, CHN, 100020

Website

http://www.dowway-exh.com

Dowway Holdings Ltd is an integrated exhibition and event management services provider. The company engages in the design, planning, coordination, and management of exhibitions and events in the PRC. Its events and exhibitions include showcases, promotions, and sales of branded automobiles by internationally renowned automobile companies. It has two operating segments that include the Exhibition and event-related business, and the Advertising related business. The majority of the revenue is generated from Exhibition and event-related business segments.

Executives

A&b Development Holding Limited	2101 Beneficial owner
Huang Xiaodi	2101 Beneficial owner
Lin Yuting	2202 Interest of your spouse
Wing Ka Yuen Company Limited	2101 Beneficial owner
Dong Kejia	2101 Beneficial owner

Dowway Holdings (HKSE:08403) Headlines

No Headlines