Pacific Legend Group (HKSE:08547) Days Payable : 22.34 (As of Dec. 2023)

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What is Pacific Legend Group Days Payable?

Pacific Legend Group's average Accounts Payable for the three months ended in Dec. 2023 was HK$8.4 Mil. Pacific Legend Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$34.2 Mil. Hence, Pacific Legend Group's Days Payable for the three months ended in Dec. 2023 was 22.34.

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

HKSE:08547' s Days Payable Range Over the Past 10 Years
Min: 8 Med: 10.88 Max: 15.01
Current: 15.01

During the past 8 years, Pacific Legend Group's highest Days Payable was 15.01. The lowest was 8.00. And the median was 10.88.

HKSE:08547's Days Payable is ranked worse than
98.02% of 404 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 69.105 vs HKSE:08547: 15.01

Pacific Legend Group's Days Payable increased from Dec. 2022 (7.25) to Dec. 2023 (22.34). It may suggest that Pacific Legend Group delayed paying its suppliers.

Pacific Legend Group Days Payable Historical Data

The historical data trend for Pacific Legend 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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Pacific Legend Group Days Payable Chart

Pacific Legend Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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8.34

11.89

10.88

13.19

16.17

Pacific Legend Group 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															7.25	10.00	8.98	17.68	22.34

Competitive Comparison of Pacific Legend Group's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Pacific Legend 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.

Pacific Legend Group's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Pacific Legend Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Pacific Legend Group's Days Payable falls into.

Pacific Legend 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.

Pacific Legend Group'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
=	( (2.573	+	8.365)	/	2 )	/	123.468	*	365
=	5.469					/	123.468	*	365
=	16.17

Pacific Legend Group'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	+	8.365)	/	1 )	/	34.163	*	365 / 4
=	8.365					/	34.163	*	365 / 4
=	22.34

Pacific Legend Group Days Payable Related Terms

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Pacific Legend Group (HKSE:08547) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Pacific Legend Group Ltd (HKSE:08547) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Cyberport Road, Units 1202-04, Level 12, Cyberport 2, Hong Kong, HKG

Website

https://www.pacificlegendgroup.com

Pacific Legend Group Ltd and its subsidiaries are engaged in three lines of business; Rental of home furniture and accessories; Sale of home furniture and accessories; and Project and hospitality services. It derives a majority of its revenue from the sale of home furniture and accessories segment which includes retail, corporate sales, online shops, wholesale, and franchises. Geographically, the group has business operations in Hong Kong, UAE, and the PRC of which key revenue is derived from Hong Kong.

Executives

Century Great Investments Limited	2101 Beneficial owner
Cheung Wai Keung
Wong Wing Man
Bailey Alison Siobhan	2401 A concert party to an agreement to buy shares
Bulbeck David Frances	2202 Interest of your spouse
Double Lions Limited	2101 Beneficial owner
Fitzpatrick Tracy-ann	2201 Interest of corporation controlled by you
Leach James Seymour Dickson	2401 A concert party to an agreement to buy shares
Mclennan Jennifer Carver	2202 Interest of your spouse
Mclennan John Warren	2201 Interest of corporation controlled by you
Rinderknecht John Martin	2401 A concert party to an agreement to buy shares

Pacific Legend Group (HKSE:08547) Headlines

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