Hing Ming Holdings (HKSE:08425) Days Payable : 0.00 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Hing Ming Holdings Days Payable?

Hing Ming Holdings's average Accounts Payable for the three months ended in Sep. 2024 was HK$7.33 Mil. Hing Ming Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was HK$0.00 Mil.

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

HKSE:08425' s Days Payable Range Over the Past 10 Years
Min: 0.95 Med: 4.15 Max: 74.13
Current: 74.13

During the past 10 years, Hing Ming Holdings's highest Days Payable was 74.13. The lowest was 0.95. And the median was 4.15.

HKSE:08425's Days Payable is ranked better than
66.34% of 912 companies
in the Business Services industry
Industry Median: 46.675 vs HKSE:08425: 74.13

Hing Ming Holdings's Days Payable declined from Mar. 2023 (36.72) to Sep. 2024 (0.00). It may suggest that Hing Ming Holdings accelerated paying its suppliers.

Hing Ming Holdings Days Payable Historical Data

The historical data trend for Hing Ming 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.

Hing Ming Holdings Days Payable Chart

Hing Ming Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

5.59

7.32

11.77

33.72

48.00

Hing Ming Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial															36.72	47.46	40.08	-	-

Competitive Comparison of Hing Ming Holdings's Days Payable

For the Rental & Leasing Services subindustry, Hing Ming 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.

Hing Ming Holdings's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hing Ming Holdings's Days Payable distribution charts can be found below:

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

Hing Ming 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.

Hing Ming Holdings'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
=	( (10.109	+	11.955)	/	2 )	/	83.897	*	365
=	11.032					/	83.897	*	365
=	48.00

Hing Ming Holdings'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
=	( (11.955	+	2.698)	/	2 )	/	0	*	365 / 4
=	7.3265					/	0	*	365 / 4
=	N/A

Hing Ming Holdings Days Payable Related Terms

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

Hing Ming Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hing Ming Holdings Ltd (HKSE:08425) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

83-87 Nathan Road, Room A4, 2nd Floor, Tsim Sha Tsui Mansion, Kowloon, Hong Kong, HKG

Website

http://www.hing-ming.com

Hing Ming Holdings Ltd is engaged in the rental of temporary suspended working platforms and other equipment. It also provides trading of equipment and spare parts, such as permanently suspended working platforms, motors, and wire rope and the only operating segment of the Group is rental and related services and trading of equipment and spare parts.

Executives

Leong Cho Mui	2106 Person having a security interest in shares
Hing Gut Limited	2101 Beneficial owner
Au Fung Yee	2202 Interest of your spouse
Tang Hing Keung	2201 Interest of corporation controlled by you
Lee Yu Leung	2101 Beneficial owner
Woo Lan Ying	2101 Beneficial owner
Lu Zhaoqing
Yang Gang

Hing Ming Holdings Headlines

No Headlines