Maoyan Entertainment (HKSE:01896) Days Payable : 109.78 (As of Dec. 2023)

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What is Maoyan Entertainment Days Payable?

Maoyan Entertainment's average Accounts Payable for the six months ended in Dec. 2023 was HK$840 Mil. Maoyan Entertainment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,397 Mil. Hence, Maoyan Entertainment's Days Payable for the six months ended in Dec. 2023 was 109.78.

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

HKSE:01896' s Days Payable Range Over the Past 10 Years
Min: 44.18 Med: 83.6 Max: 139.75
Current: 99.02

During the past 9 years, Maoyan Entertainment's highest Days Payable was 139.75. The lowest was 44.18. And the median was 83.60.

HKSE:01896's Days Payable is ranked better than
61.61% of 435 companies
in the Interactive Media industry
Industry Median: 61.44 vs HKSE:01896: 99.02

Maoyan Entertainment's Days Payable increased from Dec. 2022 (88.21) to Dec. 2023 (109.78). It may suggest that Maoyan Entertainment delayed paying its suppliers.

Maoyan Entertainment Days Payable Historical Data

The historical data trend for Maoyan Entertainment'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.

Maoyan Entertainment Days Payable Chart

Maoyan Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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75.82

139.75

70.65

99.48

98.10

Maoyan Entertainment Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										83.52	97.95	88.21	87.47	109.78

Competitive Comparison of Maoyan Entertainment's Days Payable

For the Internet Content & Information subindustry, Maoyan Entertainment'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.

Maoyan Entertainment's Days Payable Distribution in the Interactive Media Industry

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

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

Maoyan Entertainment 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.

Maoyan Entertainment'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
=	( (431.8	+	963.164)	/	2 )	/	2594.995	*	365
=	697.482					/	2594.995	*	365
=	98.10

Maoyan Entertainment'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
=	( (717.02	+	963.164)	/	2 )	/	1396.547	*	365 / 2
=	840.092					/	1396.547	*	365 / 2
=	109.78

Maoyan Entertainment Days Payable Related Terms

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Maoyan Entertainment (HKSE:01896) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Maoyan Entertainment (HKSE:01896) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

9ME:Germany

Address

No. 11 Hepingli East Street, No. 3 Building, Yonghe Hangxing Garden, Dongcheng District, Beijing, CHN

Website

https://www.maoyan.com

Maoyan Entertainment is a China-based company which mainly operates an innovative Internet-empowered entertainment service platform. The company operates in three segments. The Online Entertainment Ticketing Services segment offers online ticketing services for comprehensive entertainment formats, such as movies and entertainment events. The Entertainment Content Services segment operates an integrated platform to provide entertainment content services, ranging from distribution, and promotion to production, for various entertainment formats including movies, TV series, variety shows, and entertainment events. The Advertising Services and Others segment serves advertisers in both the entertainment industry and other industries including automobile, electronics, and consumer products.

Maoyan Entertainment (HKSE:01896) Headlines

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