Vobile Group (HKSE:03738) Days Payable : 156.99 (As of Dec. 2023)

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What is Vobile Group Days Payable?

Vobile Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$465 Mil. Vobile Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$541 Mil. Hence, Vobile Group's Days Payable for the six months ended in Dec. 2023 was 156.99.

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

HKSE:03738' s Days Payable Range Over the Past 10 Years
Min: 53.82 Med: 130.64 Max: 285.2
Current: 127.94

During the past 10 years, Vobile Group's highest Days Payable was 285.20. The lowest was 53.82. And the median was 130.64.

HKSE:03738's Days Payable is ranked better than
74.95% of 2531 companies
in the Software industry
Industry Median: 50.36 vs HKSE:03738: 127.94

Vobile Group's Days Payable increased from Dec. 2022 (103.99) to Dec. 2023 (156.99). It may suggest that Vobile Group delayed paying its suppliers.

Vobile Group Days Payable Historical Data

The historical data trend for Vobile Group'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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Vobile Group Days Payable Chart

Vobile Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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285.20

99.56

101.14

89.09

115.85

Vobile Group 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													92.96	127.66	103.99	113.59	156.99

Competitive Comparison of Vobile Group's Days Payable

For the Software - Application subindustry, Vobile Group'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.

Vobile Group's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Vobile Group's Days Payable distribution charts can be found below:

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

Vobile Group 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.

Vobile Group'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
=	( (279.691	+	450.875)	/	2 )	/	1150.832	*	365
=	365.283					/	1150.832	*	365
=	115.85

Vobile Group'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
=	( (479.619	+	450.875)	/	2 )	/	540.849	*	365 / 2
=	465.247					/	540.849	*	365 / 2
=	156.99

Vobile Group Days Payable Related Terms

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Vobile Group (HKSE:03738) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vobile Group Ltd (HKSE:03738) » Definitions » Days Payable

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VOBIF:USA

Address

1 Matheson Street, Suite 3712, 37th Floor, Tower 2, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.vobilegroup.com

Vobile Group Ltd is a Saas provider of the technology service of digital content protection and monetization. It builds the essential technology infrastructure to support the distribution of global digital content assets. The company's products are VideoTracker, ReClaim, TV Ad Tracking, Online TVOD PPT, MediaWise, and Transaction-based SaaS business that includes content monetization platforms to enable revenue-sharing for conventional home video distribution through its conventional PPT platform.

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