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Magic Empire Global (Magic Empire Global) Days Payable : 0.00 (As of Dec. 2023)


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What is Magic Empire Global Days Payable?

Magic Empire Global's average Accounts Payable for the six months ended in Dec. 2023 was $0.00 Mil. Magic Empire Global's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.00 Mil.

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

MEGL's Days Payable is not ranked *
in the Capital Markets industry.
Industry Median: 105.34
* Ranked among companies with meaningful Days Payable only.

Magic Empire Global's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Magic Empire Global Days Payable Historical Data

The historical data trend for Magic Empire Global'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.

Magic Empire Global Days Payable Chart

Magic Empire Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
- - - -

Magic Empire Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial - - - - -

Competitive Comparison of Magic Empire Global's Days Payable

For the Capital Markets subindustry, Magic Empire Global'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.

Magic Empire Global's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Magic Empire Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Magic Empire Global's Days Payable falls into.


Magic Empire Global 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.

Magic Empire Global'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
=( (0 + 0) / 1 ) / 1.244*365
=0 / 1.244*365
=0.00

Magic Empire Global'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
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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.

Magic Empire Global Days Payable Related Terms

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Magic Empire Global (Magic Empire Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Magic Empire Global Ltd (NAS:MEGL) » Definitions » Days Payable
Comparable Companies
TCJH BTCS ATIF MIGI COHN BETS SAI OLKR PHIL CRMZ MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW SHSE:601688
Traded in Other Exchanges
N/A
Address
3/F, 8 Wyndham Street, Central, Hong Kong, HKG
Website
https://www.meglmagic.com
Magic Empire Global Ltd is a financial services provider in Hong Kong which principally engaged in the provision of corporate finance advisory services and underwriting services.