Asia Television Holdings (HKSE:00707) Days Payable : 190.62 (As of Jun. 2023)

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What is Asia Television Holdings Days Payable?

Asia Television Holdings's average Accounts Payable for the six months ended in Jun. 2023 was HK$26.1 Mil. Asia Television Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$25.0 Mil. Hence, Asia Television Holdings's Days Payable for the six months ended in Jun. 2023 was 190.62.

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

HKSE:00707' s Days Payable Range Over the Past 10 Years
Min: 22.29 Med: 179.43 Max: 473.52
Current: 473.52

During the past 13 years, Asia Television Holdings's highest Days Payable was 473.52. The lowest was 22.29. And the median was 179.43.

HKSE:00707's Days Payable is ranked better than
97.14% of 1014 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 57.055 vs HKSE:00707: 473.52

Asia Television Holdings's Days Payable declined from Jun. 2022 (222.28) to Jun. 2023 (190.62). It may suggest that Asia Television Holdings accelerated paying its suppliers.

Asia Television Holdings Days Payable Historical Data

The historical data trend for Asia Television 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.

* Premium members only.

Asia Television Holdings Days Payable Chart

Asia Television Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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293.71

181.93

193.05

208.74

679.36

Asia Television 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															135.56	222.28	79.07	190.62	409.76

Competitive Comparison of Asia Television Holdings's Days Payable

For the Textile Manufacturing subindustry, Asia Television 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.

Asia Television Holdings's Days Payable Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Asia Television Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Asia Television Holdings's Days Payable falls into.

Asia Television 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.

Asia Television Holdings's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (102.675	+	28.5)	/	2 )	/	114.683	*	365
=	65.5875					/	114.683	*	365
=	208.74

Asia Television Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (28.5	+	23.692)	/	2 )	/	24.984	*	365 / 2
=	26.096					/	24.984	*	365 / 2
=	190.62

Asia Television Holdings Days Payable Related Terms

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Asia Television Holdings (HKSE:00707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Asia Television Holdings Ltd (HKSE:00707) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

14 Science Museum Road, Room 903, 9th Floor, Tower A, New Mandarin Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.atvgroup.com.hk

Asia Television Holdings Ltd is an investment holding company. The company has six reportable operating segments: Processing, printing, and sales of finished fabrics and subcontracting services in the PRC; Trading of fabrics and clothing; Money lending; Securities investment; Media, cultural and entertainment; and Securities brokerage services and margin finance. The company generates a vast majority of its revenue from processing, printing, and sales of finished fabrics and subcontracting services in the PRC. Geographically, it has sales in the PRC, Malaysia, and Hong Kong.

Executives

Oriental Textlie Products Limited	2101 Beneficial owner
Liu Minbin	2101 Beneficial owner
Deng Jun Jie	2101 Beneficial owner
Build Rise Capital Group Limited	2201 Interest of corporation controlled by you
China Special Economic Zone Development Limited	2101 Beneficial owner
Ma Fai	2201 Interest of corporation controlled by you
Honghu Capital Co. Ltd.	2101 Beneficial owner
Forward Fund Spc - Leader Sp	2101 Beneficial owner
Kkc Capital Limited	2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio	2101 Beneficial owner

Asia Television Holdings (HKSE:00707) Headlines

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