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Adtiger (FRA:55U) Days Payable : 705.94 (As of Dec. 2023)


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What is Adtiger Days Payable?

Adtiger's average Accounts Payable for the six months ended in Dec. 2023 was €52.12 Mil. Adtiger's Cost of Goods Sold for the six months ended in Dec. 2023 was €13.48 Mil. Hence, Adtiger's Days Payable for the six months ended in Dec. 2023 was 705.94.

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

FRA:55U' s Days Payable Range Over the Past 10 Years
Min: 245.92   Med: 448.62   Max: 728.34
Current: 607.15

During the past 7 years, Adtiger's highest Days Payable was 728.34. The lowest was 245.92. And the median was 448.62.

FRA:55U's Days Payable is ranked better than
91.73% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs FRA:55U: 607.15

Adtiger's Days Payable increased from Dec. 2022 (393.70) to Dec. 2023 (705.94). It may suggest that Adtiger delayed paying its suppliers.


Adtiger Days Payable Historical Data

The historical data trend for Adtiger'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.

Adtiger Days Payable Chart

Adtiger Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 521.17 469.22 237.99 356.53 606.67

Adtiger Semi-Annual Data
Dec17 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 196.87 229.39 393.70 546.90 705.94

Competitive Comparison of Adtiger's Days Payable

For the Advertising Agencies subindustry, Adtiger'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.


Adtiger's Days Payable Distribution in the Media - Diversified Industry

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

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



Adtiger 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.

Adtiger'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
=( (50.291 + 51.47) / 2 ) / 30.612*365
=50.8805 / 30.612*365
=606.67

Adtiger'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
=( (52.777 + 51.47) / 2 ) / 13.475*365 / 2
=52.1235 / 13.475*365 / 2
=705.94

* 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.


Adtiger Days Payable Related Terms

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Adtiger (FRA:55U) Business Description

Traded in Other Exchanges
Address
Laiguangying Chengying Centre, Room 1004-1005, Tower 5, Chaoyang District, Beijing, CHN
Adtiger Corp Ltd is an online advertising platform that connects its advertisers with its media publishers, either directly or indirectly through resellers designated by its media publishers. The company provides overseas online advertising services to China-based advertisers. It is focused on covering top media publishers, including Facebook, Google, Snapchat, Twitter, and Yahoo. The company's advertisement customers are from different sectors such as Utility & content app developers, E-commerce, Tourism, Finance, Education, games, media, medical and film industries. Its geographical segments are Singapore, Mainland China, Hong Kong, and Others.

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