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FingerTango (HKSE:06860) Days Payable : 64.94 (As of Dec. 2023)


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What is FingerTango Days Payable?

FingerTango's average Accounts Payable for the six months ended in Dec. 2023 was HK$53.0 Mil. FingerTango's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$149.1 Mil. Hence, FingerTango's Days Payable for the six months ended in Dec. 2023 was 64.94.

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

HKSE:06860' s Days Payable Range Over the Past 10 Years
Min: 63.86   Med: 70.72   Max: 184.3
Current: 70.86

During the past 9 years, FingerTango's highest Days Payable was 184.30. The lowest was 63.86. And the median was 70.72.

HKSE:06860's Days Payable is ranked better than
53.24% of 432 companies
in the Interactive Media industry
Industry Median: 60.97 vs HKSE:06860: 70.86

FingerTango's Days Payable declined from Dec. 2022 (86.60) to Dec. 2023 (64.94). It may suggest that FingerTango accelerated paying its suppliers.


FingerTango Days Payable Historical Data

The historical data trend for FingerTango'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.

FingerTango Days Payable Chart

FingerTango Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only 63.86 66.70 64.24 70.72 71.53

FingerTango Semi-Annual Data
Dec15 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 55.09 86.61 86.60 76.06 64.94

Competitive Comparison of FingerTango's Days Payable

For the Electronic Gaming & Multimedia subindustry, FingerTango'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.


FingerTango's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, FingerTango's Days Payable distribution charts can be found below:

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



FingerTango 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.

FingerTango'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
=( (68.575 + 48.963) / 2 ) / 299.864*365
=58.769 / 299.864*365
=71.53

FingerTango'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
=( (57.118 + 48.963) / 2 ) / 149.063*365 / 2
=53.0405 / 149.063*365 / 2
=64.94

* 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.


FingerTango Days Payable Related Terms

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FingerTango (HKSE:06860) Business Description

Traded in Other Exchanges
N/A
Address
No. 248 Qiaotou Street, Building 5, Zone A, Huaxin Kechuang Island,, Haizhu District, Guangzhou, CHN
FingerTango Inc is a mobile gamer publisher in China with a focus on SLG games. The company and its subsidiaries are principally engaged in the development, operation, and publishing of mobile game business in the People's Republic of China. The company's main games include Tank Frontline, Three Heroes, Super Fleet, Romance of Stars, Wartime, The Age of Rome and My Duty. It markets its products throughout China.

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