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KRFG (King Resources) Days Payable : 0.00 (As of Dec. 2024)


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What is King Resources Days Payable?

King Resources's average Accounts Payable for the three months ended in Dec. 2024 was $0.00 Mil. King Resources's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.01 Mil. Hence, King Resources's Days Payable for the three months ended in Dec. 2024 was 0.00.

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

KRFG' s Days Payable Range Over the Past 10 Years
Min: 36.5   Med: 51.43   Max: 749.36
Current: 749.36

During the past 6 years, King Resources's highest Days Payable was 749.36. The lowest was 36.50. And the median was 51.43.

KRFG's Days Payable is ranked better than
98.74% of 2932 companies
in the Industrial Products industry
Industry Median: 75.95 vs KRFG: 749.36

King Resources's Days Payable declined from Dec. 2023 (883.47) to Dec. 2024 (0.00). It may suggest that King Resources accelerated paying its suppliers.


King Resources Days Payable Historical Data

The historical data trend for King Resources'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.

King Resources Days Payable Chart

King Resources Annual Data
Trend Oct99 Oct00 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial 66.36 36.50 - - -

King Resources Quarterly Data
Jan01 Apr01 Jul01 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 883.47 854.43 481.14 481.14 -

Competitive Comparison of King Resources's Days Payable

For the Electrical Equipment & Parts subindustry, King Resources'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.


King Resources's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, King Resources's Days Payable distribution charts can be found below:

* The bar in red indicates where King Resources's Days Payable falls into.



King Resources 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.

King Resources'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
=( (0 + 0) / 1 ) / 0.042*365
=0 / 0.042*365
=0.00

King Resources's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.011*365 / 4
=0 / 0.011*365 / 4
=0.00

* 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.


King Resources Days Payable Related Terms

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King Resources Business Description

Traded in Other Exchanges
N/A
Address
26-28 Au Pui Wan Street, Unit 1813, 18th Floor, Fo Tan Industrial Centre, Fo Tan, Hong Kong, HKG
King Resources Inc is engaged in the development of smart power supply solutions and products in Hong Kong. The company focuses on research and development solutions, sales of own brand smart power supply products and development of IoT products across the smart home, smart office and smart fitness ecosystem.
Executives
Lo Mei Fan Pauline director UNIT 1813, 18/F, FO TAN INDUSTRIAL CTR, 26-28 AU PUI WAN STREET, FO TAN K3 00000
Wong Kan Tat Frederick director UNIT 1813, 18/F, FO TAN INDUSTRIAL CTR, 26-28 AU PUI WAN STREET, FO TAN K3 00000
Ping Kee Lau director, officer: CFO and Director FLAT C5, 26/F, TML TOWER, 3 HOI SHING ROAD, TSUEN WAN, NT K3 00000
Silver Bloom Properties Ltd 10 percent owner UNIT 1813,18/F, FO TAN INDUSTRIAL CENTRE, 26-28 AU PUI WANT STREET, FO TAN K3 00000
Wah Fu director, 10 percent owner, officer: CEO, Secretary and Director UNIT 1813,18/F, FO TAN INDUSTRIAL CENTRE, 26-28 AU PUI WAN STREET, FO TAN K3 00000