FingerMotion (FingerMotion) Days Payable : 76.66 (As of Nov. 2023)

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What is FingerMotion Days Payable?

FingerMotion's average Accounts Payable for the three months ended in Nov. 2023 was $4.62 Mil. FingerMotion's Cost of Goods Sold for the three months ended in Nov. 2023 was $5.50 Mil. Hence, FingerMotion's Days Payable for the three months ended in Nov. 2023 was 76.66.

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

FNGR' s Days Payable Range Over the Past 10 Years
Min: 20.79 Med: 100.27 Max: 8030
Current: 21.25

During the past 10 years, FingerMotion's highest Days Payable was 8030.00. The lowest was 20.79. And the median was 100.27.

FNGR's Days Payable is ranked worse than
91.35% of 347 companies
in the Telecommunication Services industry
Industry Median: 102.31 vs FNGR: 21.25

FingerMotion's Days Payable increased from Nov. 2022 (12.25) to Nov. 2023 (76.66). It may suggest that FingerMotion delayed paying its suppliers.

FingerMotion Days Payable Historical Data

The historical data trend for FingerMotion'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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FingerMotion Days Payable Chart

FingerMotion Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Payable

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217.38

88.13

62.84

55.00

20.79

FingerMotion Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															12.25	5.07	0.34	33.21	76.66

Competitive Comparison of FingerMotion's Days Payable

For the Telecom Services subindustry, FingerMotion'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.

FingerMotion's Days Payable Distribution in the Telecommunication Services Industry

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

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

FingerMotion 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.

FingerMotion's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

	Days Payable (A: Feb. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2022 )	+	Accounts Payable (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (3.588	+	0.027)	/	2 )	/	31.736	*	365
=	1.8075					/	31.736	*	365
=	20.79

FingerMotion's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (5.354	+	3.891)	/	2 )	/	5.502	*	365 / 4
=	4.6225					/	5.502	*	365 / 4
=	76.66

FingerMotion Days Payable Related Terms

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FingerMotion (FingerMotion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » FingerMotion Inc (NAS:FNGR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Somerset Road, Level 3, Singapore, SGP, 238164

Website

https://www.fingermotion.com

FingerMotion Inc is engaged in the provision of mobile payment and recharge services in the China market. The company business line includes Telecommunications Products and Services; Value Added Products and Services; Short Message Services ("SMS") and Multimedia Messaging Services ("MMS"); a Rich Communication Services ("RCS") platform; Big Data Insights; and a Video Games Division (inactive). It principally earns revenue by providing mobile payment and recharge services to customers of telecommunications companies in China.

Executives

Yew Poh Leong	director	61 SPRINGSIDE VIEW, SINGAPORE U0 786060
Martin Chung-wen Shen	officer: CEO and CFO	1322 W. KING EDWARD AVE., VANCOUVER A1 V6H 1Z9
Chee Ming Cheong	10 percent owner	UNIT A 19/F TIMES MEDIA CENTRE, 133 WAN CHAI ROAD, WAN CHAI K3 --
Eng Ho Ng	director	159 JALAN KAMPONG CHANTEK, SINGAPORE U0 587887
Yew Hon Lee	officer: Chief Financial Officer	NO 5, JALAN BRP 3/3C, SUNWAY RAHMAN PUTR, SEKSYEN U20, SHAH ALAM., SELANGOR N8 40160
Yang Yeat Choe	10 percent owner	6-9-1 V SQUARE PJ CITY CENTRE, JALAN UTARA, PETALING JAYA, SELANGOR N8 46200
Li Li	officer: GM of Issuer's affiliate	UNIT 103, BLOCK 5, LANE 550, FUGUAN ROAD, CHANGNING DISTRICT, SHANGHAI F4 --
Chan Michael K H	director	15-07, 70 BAYSHORE ROAD, COSTA DEL SOL U0 469987
Charles Thomas Mcmillen	director	1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
Hsien Loong Wong	director, 10 percent owner, officer: CEO, CFO, and Director	6 WINDSOR PARK HILL, SINGAPORE U0 574198
Michael Thomas Brigante	director, 10 percent owner, officer: CEO, President, CFO	17 DANIEL DRIVE, HILLSBOROUGH NJ 08844