AM Group Holdings (HKSE:01849) Days Payable : 201.05 (As of Dec. 2023)

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What is AM Group Holdings Days Payable?

AM Group Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$73.5 Mil. AM Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$66.8 Mil. Hence, AM Group Holdings's Days Payable for the six months ended in Dec. 2023 was 201.05.

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

HKSE:01849' s Days Payable Range Over the Past 10 Years
Min: 1.57 Med: 56.09 Max: 190.3
Current: 190.3

During the past 8 years, AM Group Holdings's highest Days Payable was 190.30. The lowest was 1.57. And the median was 56.09.

HKSE:01849's Days Payable is ranked better than
76.69% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs HKSE:01849: 190.30

AM Group Holdings's Days Payable declined from Dec. 2022 (205.38) to Dec. 2023 (201.05). It may suggest that AM Group Holdings accelerated paying its suppliers.

AM Group Holdings Days Payable Historical Data

The historical data trend for AM Group Holdings'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.

AM Group Holdings Days Payable Chart

AM Group Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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57.33

54.84

73.45

170.41

150.56

AM Group Holdings Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										85.20	226.24	205.38	166.51	201.05

Competitive Comparison of AM Group Holdings's Days Payable

For the Advertising Agencies subindustry, AM Group Holdings'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.

AM Group Holdings's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AM Group Holdings's Days Payable distribution charts can be found below:

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

AM Group Holdings 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.

AM Group Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (98.416	+	70.114)	/	2 )	/	204.285	*	365
=	84.265					/	204.285	*	365
=	150.56

AM Group Holdings'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
=	( (70.114	+	76.972)	/	2 )	/	66.759	*	365 / 2
=	73.543					/	66.759	*	365 / 2
=	201.05

AM Group Holdings Days Payable Related Terms

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AM Group Holdings (HKSE:01849) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AM Group Holdings Ltd (HKSE:01849) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Paya Lebar Road, No.12 - 51/52, Paya Lebar Square, Singapore City, SGP, 409051

Website

https://www.amgroupholdings.com

AM Group Holdings Ltd is engaged in providing online marketing services in Singapore. The company's segment consists of Search engine marketing services, Creative and technology services, Social media marketing services, and Online e-commerce platform operations. The company generates the majority of its revenue from the Online e-commerce platform operation segment which is engaged in technical services, commission for transaction proceeds, and marketing services on the online e-commerce platform in the PRC.

Executives

Yeung Kelvin	2101 Beneficial owner
Teo Li Lian	2202 Interest of your spouse
Sim Hak Chor	2101 Beneficial owner
Activa Media Investment Limited	2101 Beneficial owner
Teo Kuo Liang	2201 Interest of corporation controlled by you

AM Group Holdings (HKSE:01849) Headlines

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