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Luxking Group Holdings (SGX:BKK) Days Payable : 30.50 (As of Dec. 2023)


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What is Luxking Group Holdings Days Payable?

Luxking Group Holdings's average Accounts Payable for the six months ended in Dec. 2023 was S$7.52 Mil. Luxking Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was S$45.03 Mil. Hence, Luxking Group Holdings's Days Payable for the six months ended in Dec. 2023 was 30.50.

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

SGX:BKK' s Days Payable Range Over the Past 10 Years
Min: 18.95   Med: 28.21   Max: 37.09
Current: 36.94

During the past 13 years, Luxking Group Holdings's highest Days Payable was 37.09. The lowest was 18.95. And the median was 28.21.

SGX:BKK's Days Payable is ranked worse than
73.47% of 1500 companies
in the Chemicals industry
Industry Median: 60.475 vs SGX:BKK: 36.94

Luxking Group Holdings's Days Payable declined from Dec. 2022 (39.12) to Dec. 2023 (30.50). It may suggest that Luxking Group Holdings accelerated paying its suppliers.

Luxking Group Holdings Days Payable Historical Data

The historical data trend for Luxking Group 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.

Luxking Group Holdings Days Payable Chart

Luxking Group Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.98 32.94 35.15 37.09 35.05

Luxking Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 35.34 38.20 39.12 40.21 30.50

Competitive Comparison of Luxking Group Holdings's Days Payable

For the Specialty Chemicals subindustry, Luxking Group 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.

Luxking Group Holdings's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Luxking Group Holdings's Days Payable distribution charts can be found below:

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


Luxking Group 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.

Luxking Group Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (9.125 + 6.605) / 2 ) / 81.909*365
=7.865 / 81.909*365
=35.05

Luxking Group 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (6.605 + 8.443) / 2 ) / 45.027*365 / 2
=7.524 / 45.027*365 / 2
=30.50

* 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.

Luxking Group Holdings Days Payable Related Terms

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Luxking Group Holdings (SGX:BKK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Luxking Group Holdings Ltd (SGX:BKK) » Definitions » Days Payable
Comparable Companies
SGX:M15 LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 PPG LYB BOM:500820 DD ISX:TPIA OCSE:NSIS B IFF ADX:BOROUGE WLK NSE:PIDILITIND XSWX:EMSN
Traded in Other Exchanges
N/A
Address
Lianfeng Road, Jiu Zhouji, Xiaolan Town, Guangdong Province, Zhongshan, CHN, 528415
Website
http://www.newasiatapes.com
Luxking Group Holdings Ltd is an investment holding company. The company's operating segment includes Manufacture of General Tapes; Manufacture of Industrial Tapes; Manufacture of biaxially oriented polypropylene (BOPP) films and Trading of tapes and BOPP films. It generates maximum revenue from the Manufacture of biaxially oriented polypropylene (BOPP) films segment. The Manufacture of BOPP films segment manufacture and distributes BOPP films for packaging in industries, such as food, pharmaceutical, medical and electrical industries. Geographically, it derives a majority of revenue from the PRC and also has a presence in Hong Kong and Other countries.