Huayi Tencent Entertainment Co (HKSE:00419) Days Payable : 40.08 (As of Dec. 2023)

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What is Huayi Tencent Entertainment Co Days Payable?

Huayi Tencent Entertainment Co's average Accounts Payable for the six months ended in Dec. 2023 was HK$106 Mil. Huayi Tencent Entertainment Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$483 Mil. Hence, Huayi Tencent Entertainment Co's Days Payable for the six months ended in Dec. 2023 was 40.08.

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

HKSE:00419' s Days Payable Range Over the Past 10 Years
Min: 5.45 Med: 10.63 Max: 40.04
Current: 40.04

During the past 13 years, Huayi Tencent Entertainment Co's highest Days Payable was 40.04. The lowest was 5.45. And the median was 10.63.

HKSE:00419's Days Payable is ranked worse than
63.67% of 757 companies
in the Travel & Leisure industry
Industry Median: 59.94 vs HKSE:00419: 40.04

Huayi Tencent Entertainment Co's Days Payable increased from Dec. 2022 (23.05) to Dec. 2023 (40.08). It may suggest that Huayi Tencent Entertainment Co delayed paying its suppliers.

Huayi Tencent Entertainment Co Days Payable Historical Data

The historical data trend for Huayi Tencent Entertainment Co'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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Huayi Tencent Entertainment Co Days Payable Chart

Huayi Tencent Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.41

18.34

39.67

Huayi Tencent Entertainment Co 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															18.85	19.02	23.05	40.38	40.08

Competitive Comparison of Huayi Tencent Entertainment Co's Days Payable

For the Leisure subindustry, Huayi Tencent Entertainment Co'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.

Huayi Tencent Entertainment Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Huayi Tencent Entertainment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Huayi Tencent Entertainment Co's Days Payable falls into.

Huayi Tencent Entertainment Co 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.

Huayi Tencent Entertainment Co'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
=	( (94.182	+	108.115)	/	2 )	/	930.602	*	365
=	101.1485					/	930.602	*	365
=	39.67

Huayi Tencent Entertainment Co'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
=	( (103.965	+	108.115)	/	2 )	/	482.815	*	365 / 2
=	106.04					/	482.815	*	365 / 2
=	40.08

Huayi Tencent Entertainment Co Days Payable Related Terms

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Huayi Tencent Entertainment Co (HKSE:00419) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Huayi Tencent Entertainment Co Ltd (HKSE:00419) » Definitions » Days Payable

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HUYTF:USA

Address

89 Queensway, Suite 908, 9th Floor, Tower Two, Lippo Centre, Hong Kong, HKG

Website

http://www.huayitencent.com

Huayi Tencent Entertainment Co Ltd is a new media company integrating culture and entertainment. The business activities of the group function through Echartnow, Meerkat Health, Entertainment & Media, and Healthcare & Wellness Services. Echartnow segment includes Online prescription, circulation, and marketing of pharmaceutical products. Meerkat Health segment includes an Internet healthcare management platform. Its geographical segments include China, Hong Kong, and Other countries.

Huayi Tencent Entertainment Co (HKSE:00419) Headlines

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