Hubify (ASX:HFY) Days Payable : 82.99 (As of Dec. 2023)

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What is Hubify Days Payable?

Hubify's average Accounts Payable for the six months ended in Dec. 2023 was A$2.05 Mil. Hubify's Cost of Goods Sold for the six months ended in Dec. 2023 was A$4.52 Mil. Hence, Hubify's Days Payable for the six months ended in Dec. 2023 was 82.99.

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

ASX:HFY' s Days Payable Range Over the Past 10 Years
Min: 36.79 Med: 55.62 Max: 129.24
Current: 111.59

During the past 7 years, Hubify's highest Days Payable was 129.24. The lowest was 36.79. And the median was 55.62.

ASX:HFY's Days Payable is ranked better than
52.6% of 346 companies
in the Telecommunication Services industry
Industry Median: 101.86 vs ASX:HFY: 111.59

Hubify's Days Payable declined from Dec. 2022 (119.39) to Dec. 2023 (82.99). It may suggest that Hubify accelerated paying its suppliers.

Hubify Days Payable Historical Data

The historical data trend for Hubify'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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Hubify Days Payable Chart

Hubify Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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129.24

36.79

52.18

54.40

55.62

Hubify Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									98.15	84.44	119.39	107.83	82.99

Competitive Comparison of Hubify's Days Payable

For the Telecom Services subindustry, Hubify'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.

Hubify's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hubify's Days Payable distribution charts can be found below:

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

Hubify 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.

Hubify'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
=	( (1.22	+	0.895)	/	2 )	/	6.94	*	365
=	1.0575					/	6.94	*	365
=	55.62

Hubify'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
=	( (0.895	+	3.212)	/	2 )	/	4.516	*	365 / 2
=	2.0535					/	4.516	*	365 / 2
=	82.99

Hubify Days Payable Related Terms

Thank you for viewing the detailed overview of Hubify's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Hubify (ASX:HFY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hubify Ltd (ASX:HFY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Epping Road, Suite 1.01, Level 1, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.hubify.com.au

Hubify Ltd provides telecommunications services. It offers data management, fleet management, office broadband, digital phone, and other services. The company's product Global SIM is a prepaid service, which has no lock-in contract and no bill shock. It offers overseas travel with a low-cost international roaming SIM card. Its primary business segment is telecommunications namely voice, data, and value-added services. Geographically, it operates within Australia.

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