AGBA Group Holding (AGBA Group Holding) Days Payable : 126.49 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is AGBA Group Holding Days Payable?

AGBA Group Holding's average Accounts Payable for the three months ended in Dec. 2023 was $18.91 Mil. AGBA Group Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was $13.64 Mil. Hence, AGBA Group Holding's Days Payable for the three months ended in Dec. 2023 was 126.49.

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

AGBA' s Days Payable Range Over the Past 10 Years
Min: 102.28 Med: 110.64 Max: 269.28
Current: 107.14

During the past 4 years, AGBA Group Holding's highest Days Payable was 269.28. The lowest was 102.28. And the median was 110.64.

AGBA's Days Payable is ranked better than
51.15% of 524 companies
in the Capital Markets industry
Industry Median: 98.105 vs AGBA: 107.14

AGBA Group Holding's Days Payable increased from Dec. 2022 (88.95) to Dec. 2023 (126.49). It may suggest that AGBA Group Holding delayed paying its suppliers.

AGBA Group Holding Days Payable Historical Data

The historical data trend for AGBA Group Holding'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.

AGBA Group Holding Days Payable Chart

AGBA Group Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

269.28

102.28

108.03

113.25

AGBA Group Holding Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial							88.95	101.98	96.57	101.61	126.49

Competitive Comparison of AGBA Group Holding's Days Payable

For the Capital Markets subindustry, AGBA Group Holding'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.

AGBA Group Holding's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, AGBA Group Holding's Days Payable distribution charts can be found below:

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

AGBA Group Holding 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.

AGBA Group Holding'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
=	( (20.274	+	19.754)	/	2 )	/	64.506	*	365
=	20.014					/	64.506	*	365
=	113.25

AGBA Group Holding'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (18.057	+	19.754)	/	2 )	/	13.638	*	365 / 4
=	18.9055					/	13.638	*	365 / 4
=	126.49

AGBA Group Holding Days Payable Related Terms

Thank you for viewing the detailed overview of AGBA Group Holding's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

AGBA Group Holding (AGBA Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » AGBA Group Holding Ltd (NAS:AGBA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

D6D:Germany

Address

68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG

Website

https://www.agba.com

AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with better financial, medical, and healthcare service options. The AGBA is a unique omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.

Executives

Yun Pun Wong	director	UNIT B, 11F, ON HING BUILDING, 1-9 ON HING TERRACE, CENTRAL HONG KONG F4 00000
Tag Holdings Ltd	10 percent owner	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Wong Suet Fai Almond	director	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Wing Fai Ng	director, officer: Chairman (PEO) and ED	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Richard Kong	officer: Deputy CFO/Company Secretary	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Jeroen Nieuwkoop	officer: Chief Strategy Officer	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Shu Pei Huang Desmond	officer: Acting Group CFO (PFO)	TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Mizuho Securities Usa Llc	10 percent owner	1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Eric Sc Lam	director	ROOM 1108, 11TH FLOOR, BLOCK B, NEW MANDARIN PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000
Gordon Kk Lee	director, officer: Chief Executive Officer	ROOM 1108, 11TH FLOOR, BLOCK B, NEW MANDARIN PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 100027
Vera Zl Tan	director, officer: Chief Financial Officer	ROOM 1108, 11TH FLOOR, BLOCKB, NEW MADISON PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 100027
Ng Thomas Kwok On	director	ROOM1108, 11FL, BLOCK B, NEW MANDARIN PL, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000
Chan Brian Chunhg Yau	director	ROOM1108, 11FL, BLOCK B, NEW MANDARIN PL, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000