Sing Tao News (FRA:PVGB) Days Payable : 17.84 (As of Dec. 2023)

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What is Sing Tao News Days Payable?

Sing Tao News's average Accounts Payable for the six months ended in Dec. 2023 was €3.27 Mil. Sing Tao News's Cost of Goods Sold for the six months ended in Dec. 2023 was €33.43 Mil. Hence, Sing Tao News's Days Payable for the six months ended in Dec. 2023 was 17.84.

The historical rank and industry rank for Sing Tao News's Days Payable or its related term are showing as below:

FRA:PVGB' s Days Payable Range Over the Past 10 Years
Min: 18.17 Med: 23.96 Max: 31.23
Current: 18.17

During the past 13 years, Sing Tao News's highest Days Payable was 31.23. The lowest was 18.17. And the median was 23.96.

FRA:PVGB's Days Payable is ranked worse than
89.84% of 925 companies
in the Media - Diversified industry
Industry Median: 79.7 vs FRA:PVGB: 18.17

Sing Tao News's Days Payable increased from Dec. 2022 (16.96) to Dec. 2023 (17.84). It may suggest that Sing Tao News delayed paying its suppliers.

Sing Tao News Days Payable Historical Data

The historical data trend for Sing Tao News'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.

Sing Tao News Days Payable Chart

Sing Tao News Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.03

24.46

22.83

20.58

19.12

Sing Tao News 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															20.88	20.29	16.96	18.17	17.84

Competitive Comparison of Sing Tao News's Days Payable

For the Publishing subindustry, Sing Tao News'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.

Sing Tao News's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sing Tao News's Days Payable distribution charts can be found below:

* The bar in red indicates where Sing Tao News's Days Payable falls into.

Sing Tao News 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.

Sing Tao News'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
=	( (3.539	+	3.441)	/	2 )	/	66.621	*	365
=	3.49					/	66.621	*	365
=	19.12

Sing Tao News'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
=	( (3.093	+	3.441)	/	2 )	/	33.425	*	365 / 2
=	3.267					/	33.425	*	365 / 2
=	17.84

Sing Tao News Days Payable Related Terms

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

Sing Tao News (FRA:PVGB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sing Tao News Corp Ltd (FRA:PVGB) » Definitions » Days Payable

Traded in Other Exchanges

STAOF:USA 01105:Hong Kong

Address

7 Chun Cheong Street, Sing Tao News Corporation Building, Tseung Kwan O Industrial Estate, Tseung Kwan O, New Territories, Hong Kong, HKG

Website

https://www.singtaonewscorp.com

Sing Tao News Corp Ltd is an investment holding company. It is principally engaged in the business of publishing and distribution of newspapers, magazines and books to readers in Hong Kong, Canada, the United States of America and Europe, and sales of respective content of such publications in the People's Republic of China including Hong Kong.

Sing Tao News (FRA:PVGB) Headlines

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