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MaxWin International Holdings (HKSE:08513) Days Payable : 33.81 (As of Dec. 2023)


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What is MaxWin International Holdings Days Payable?

MaxWin International Holdings's average Accounts Payable for the three months ended in Dec. 2023 was HK$5.18 Mil. MaxWin International Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$13.97 Mil. Hence, MaxWin International Holdings's Days Payable for the three months ended in Dec. 2023 was 33.81.

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

HKSE:08513' s Days Payable Range Over the Past 10 Years
Min: 31.06   Med: 37.42   Max: 65.37
Current: 38.38

During the past 9 years, MaxWin International Holdings's highest Days Payable was 65.37. The lowest was 31.06. And the median was 37.42.

HKSE:08513's Days Payable is ranked worse than
77.57% of 789 companies
in the Medical Devices & Instruments industry
Industry Median: 73.02 vs HKSE:08513: 38.38

MaxWin International Holdings's Days Payable declined from Dec. 2022 (38.37) to Dec. 2023 (33.81). It may suggest that MaxWin International Holdings accelerated paying its suppliers.


MaxWin International Holdings Days Payable Historical Data

The historical data trend for MaxWin International 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.

MaxWin International Holdings Days Payable Chart

MaxWin International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 35.63 38.62 36.89 31.06 37.15

MaxWin International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.37 38.17 38.09 46.35 33.81

Competitive Comparison of MaxWin International Holdings's Days Payable

For the Medical Instruments & Supplies subindustry, MaxWin International 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.


MaxWin International Holdings's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MaxWin International Holdings's Days Payable distribution charts can be found below:

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



MaxWin International 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.

MaxWin International 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
=( (6.612 + 5.177) / 2 ) / 57.913*365
=5.8945 / 57.913*365
=37.15

MaxWin International 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 + 5.177) / 1 ) / 13.971*365 / 4
=5.177 / 13.971*365 / 4
=33.81

* 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.


MaxWin International Holdings Days Payable Related Terms

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MaxWin International Holdings (HKSE:08513) Business Description

Traded in Other Exchanges
N/A
Address
16 Kallang Place, No 02-10, Kallang Basin Indusrial Estate, Singapore, SGP, 339156
IAG Holdings Ltd is a contract manufacturer. It engages in the manufacturing and sale of injection-molded plastic parts for disposable medical devices and the provision of tooling services. Its segments include Component parts and Sub-assembly parts, amusement machines, and equipment. IAG derives its revenue from Component parts segment. and Geographic revenue from Singapore.
Executives
Team One Global Limited 2101 Beneficial owner
Leung Ho Ka 2101 Beneficial owner
Star Happy International Limited 2101 Beneficial owner
Fan Feifei 2101 Beneficial owner
Phua Swee Hoe 2201 Interest of corporation controlled by you
Ng Hong Kiew 2202 Interest of your spouse
Xie Jianlong 2101 Beneficial owner
Weng Yulin 2101 Beneficial owner
Ng Hong Kiew 2202 Interest of your spouse
Phua Swee Hoe 2101 Beneficial owner
Wu Haiyan 2101 Beneficial owner
Shi Huiling 2101 Beneficial owner
Ye Zujian 2101 Beneficial owner
Xu Kaihe 2101 Beneficial owner

MaxWin International Holdings (HKSE:08513) Headlines

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