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International Business Digital Technology (HKSE:01782) Days Payable : 28.85 (As of Dec. 2023)


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What is International Business Digital Technology Days Payable?

International Business Digital Technology's average Accounts Payable for the six months ended in Dec. 2023 was HK$7.8 Mil. International Business Digital Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$49.5 Mil. Hence, International Business Digital Technology's Days Payable for the six months ended in Dec. 2023 was 28.85.

The historical rank and industry rank for International Business Digital Technology's Days Payable or its related term are showing as below:

HKSE:01782' s Days Payable Range Over the Past 10 Years
Min: 16.39   Med: 64.64   Max: 93.1
Current: 31.87

During the past 10 years, International Business Digital Technology's highest Days Payable was 93.10. The lowest was 16.39. And the median was 64.64.

HKSE:01782's Days Payable is ranked worse than
65.07% of 2531 companies
in the Software industry
Industry Median: 50.36 vs HKSE:01782: 31.87

International Business Digital Technology's Days Payable increased from Dec. 2022 (13.42) to Dec. 2023 (28.85). It may suggest that International Business Digital Technology delayed paying its suppliers.


International Business Digital Technology Days Payable Historical Data

The historical data trend for International Business Digital Technology'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.

International Business Digital Technology Days Payable Chart

International Business Digital Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.79 55.49 29.66 16.39 35.24

International Business Digital Technology Semi-Annual Data
Dec14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.46 18.32 13.42 33.21 28.85

Competitive Comparison of International Business Digital Technology's Days Payable

For the Software - Application subindustry, International Business Digital Technology'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.


International Business Digital Technology's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, International Business Digital Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where International Business Digital Technology's Days Payable falls into.



International Business Digital Technology 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.

International Business Digital Technology'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
=( (3.001 + 10.74) / 2 ) / 71.162*365
=6.8705 / 71.162*365
=35.24

International Business Digital Technology'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
=( (4.897 + 10.74) / 2 ) / 49.458*365 / 2
=7.8185 / 49.458*365 / 2
=28.85

* 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.


International Business Digital Technology Days Payable Related Terms

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International Business Digital Technology (HKSE:01782) Business Description

Traded in Other Exchanges
N/A
Address
9 Shangdi Fifth Street, 4th Floor, Block 2, Founder Building, Haidian District, Beijing, CHN, 100085
International Business Digital Technology Ltd, formerly Vixtel Technologies Holdings Ltd is an investment holding company. The Group is principally engaged in the following businesses such as integrated APM (application performance management) system solutions, software development services, technical services, and sales of embedded hardware & standard APM software. Its products include APM vista SaaS Platform, NetVista Platform, IPTV/OTT Video Quality System, Loglyst Analysis Platform, cloud NPM Platform, and Trade QoS Monitoring. The company's geographical segments are Hong Kong, Taiwan and Mainland China.

International Business Digital Technology (HKSE:01782) Headlines

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