Fameglow Holdings (HKSE:08603) Days Payable : 23.22 (As of Sep. 2023)

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

What is Fameglow Holdings Days Payable?

Fameglow Holdings's average Accounts Payable for the three months ended in Sep. 2023 was HK$1.9 Mil. Fameglow Holdings's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$7.6 Mil. Hence, Fameglow Holdings's Days Payable for the three months ended in Sep. 2023 was 23.22.

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

HKSE:08603' s Days Payable Range Over the Past 10 Years
Min: 6.9 Med: 12.41 Max: 24.65
Current: 24.65

During the past 8 years, Fameglow Holdings's highest Days Payable was 24.65. The lowest was 6.90. And the median was 12.41.

HKSE:08603's Days Payable is ranked worse than
63.27% of 98 companies
in the Personal Services industry
Industry Median: 30.825 vs HKSE:08603: 24.65

Fameglow Holdings's Days Payable increased from Sep. 2022 (20.06) to Sep. 2023 (23.22). It may suggest that Fameglow Holdings delayed paying its suppliers.

Fameglow Holdings Days Payable Historical Data

The historical data trend for Fameglow 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.

Fameglow Holdings Days Payable Chart

Fameglow Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

Get a 7-Day Free Trial

9.61

6.90

13.84

21.41

19.25

Fameglow Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Payable	Get a 7-Day Free Trial															21.76	17.35	20.55	23.22	-

Competitive Comparison of Fameglow Holdings's Days Payable

For the Personal Services subindustry, Fameglow 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.

Fameglow Holdings's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Fameglow Holdings's Days Payable distribution charts can be found below:

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

Fameglow 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.

Fameglow 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
=	( (1.671	+	2.388)	/	2 )	/	38.473	*	365
=	2.0295					/	38.473	*	365
=	19.25

Fameglow Holdings's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	1.944)	/	1 )	/	7.639	*	365 / 4
=	1.944					/	7.639	*	365 / 4
=	23.22

Fameglow Holdings Days Payable Related Terms

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

Fameglow Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Fameglow Holdings Ltd (HKSE:08603) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

63 Wing Hong Street, Unit 304, Global Gateway Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.fameglow.com

Fameglow Holdings Ltd acts as an investment holding company. Through its subsidiaries, it is principally engaged in the provision of treatment services and the sale of skincare products in Hong Kong. The firm's treatment services comprise Energy-based procedures, minimally invasive procedures, and Traditional beauty services. The majority of revenue gets derived from Energy-based procedures. the company's revenue is derived from hong kong only.

Executives

Equal Joy Holdings Limited	2101 Beneficial owner
Fu Chi Ching	2201 Interest of corporation controlled by you
Yip Chun Kwok Danny	2201 Interest of corporation controlled by you

Fameglow Holdings Headlines

No Headlines