Phoenix Media Investment (Holdings) (HKSE:02008) Days Payable : 46.91 (As of Dec. 2023)

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What is Phoenix Media Investment (Holdings) Days Payable?

Phoenix Media Investment (Holdings)'s average Accounts Payable for the six months ended in Dec. 2023 was HK$300 Mil. Phoenix Media Investment (Holdings)'s Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,165 Mil. Hence, Phoenix Media Investment (Holdings)'s Days Payable for the six months ended in Dec. 2023 was 46.91.

The historical rank and industry rank for Phoenix Media Investment (Holdings)'s Days Payable or its related term are showing as below:

HKSE:02008' s Days Payable Range Over the Past 10 Years
Min: 44.07 Med: 48.64 Max: 59.48
Current: 56.55

During the past 13 years, Phoenix Media Investment (Holdings)'s highest Days Payable was 59.48. The lowest was 44.07. And the median was 48.64.

HKSE:02008's Days Payable is ranked worse than
52.18% of 435 companies
in the Interactive Media industry
Industry Median: 61.44 vs HKSE:02008: 56.55

Phoenix Media Investment (Holdings)'s Days Payable declined from Dec. 2022 (59.88) to Dec. 2023 (46.91). It may suggest that Phoenix Media Investment (Holdings) accelerated paying its suppliers.

Phoenix Media Investment (Holdings) Days Payable Historical Data

The historical data trend for Phoenix Media Investment (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.

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Phoenix Media Investment (Holdings) Days Payable Chart

Phoenix Media Investment (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

44.07

51.87

48.00

55.25

59.48

Phoenix Media Investment (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															40.62	47.06	59.88	63.27	46.91

Competitive Comparison of Phoenix Media Investment (Holdings)'s Days Payable

For the Internet Content & Information subindustry, Phoenix Media Investment (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.

Phoenix Media Investment (Holdings)'s Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Phoenix Media Investment (Holdings)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Phoenix Media Investment (Holdings)'s Days Payable falls into.

Phoenix Media Investment (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.

Phoenix Media Investment (Holdings)'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
=	( (482.834	+	275.761)	/	2 )	/	2327.76	*	365
=	379.2975					/	2327.76	*	365
=	59.48

Phoenix Media Investment (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
=	( (323.254	+	275.761)	/	2 )	/	1165.202	*	365 / 2
=	299.5075					/	1165.202	*	365 / 2
=	46.91

Phoenix Media Investment (Holdings) Days Payable Related Terms

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Phoenix Media Investment (Holdings) (HKSE:02008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Phoenix Media Investment (Holdings) Ltd (HKSE:02008) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2-6 Dai King Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://phtv.ifeng.com

Phoenix Media Investment (Holdings) Ltd is engaged in satellite television broadcasting and the provision of new media services. The group mainly operates in five segments; Television broadcasting, Internet media, Outdoor media, Real estate, and Other activities. It generates maximum revenue from the Television broadcasting segment. The Television broadcasting business is engaged in the broadcasting of television programs and commercials and the provision of promotion activities.

Phoenix Media Investment (Holdings) (HKSE:02008) Headlines

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