GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » STAR CM Holdings Ltd (HKSE:06698) » Definitions » Days Payable

STAR CM Holdings (HKSE:06698) Days Payable : 78.42 (As of Dec. 2023)


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

What is STAR CM Holdings Days Payable?

STAR CM Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$182.9 Mil. STAR CM Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$425.7 Mil. Hence, STAR CM Holdings's Days Payable for the six months ended in Dec. 2023 was 78.42.

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

HKSE:06698' s Days Payable Range Over the Past 10 Years
Min: 83.7   Med: 135.05   Max: 194.08
Current: 148.49

During the past 5 years, STAR CM Holdings's highest Days Payable was 194.08. The lowest was 83.70. And the median was 135.05.

HKSE:06698's Days Payable is ranked better than
70.25% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs HKSE:06698: 148.49

STAR CM Holdings's Days Payable declined from Dec. 2022 (95.10) to Dec. 2023 (78.42). It may suggest that STAR CM Holdings accelerated paying its suppliers.

STAR CM Holdings Days Payable Historical Data

The historical data trend for STAR CM 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.

STAR CM Holdings Days Payable Chart

STAR CM Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
83.70 100.19 135.05 194.08 163.72

STAR CM Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial 83.09 420.24 95.10 392.20 78.42

Competitive Comparison of STAR CM Holdings's Days Payable

For the Entertainment subindustry, STAR CM 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.

STAR CM Holdings's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where STAR CM Holdings's Days Payable falls into.


STAR CM 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.

STAR CM Holdings'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
=( (282.81 + 193.999) / 2 ) / 531.487*365
=238.4045 / 531.487*365
=163.72

STAR CM 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
=( (171.869 + 193.999) / 2 ) / 425.7*365 / 2
=182.934 / 425.7*365 / 2
=78.42

* 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.

STAR CM Holdings Days Payable Related Terms

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

STAR CM Holdings (HKSE:06698) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » STAR CM Holdings Ltd (HKSE:06698) » Definitions » Days Payable
Comparable Companies
HKSE:02306 HKSE:01060 HKSE:09857 HKSE:01003 HKSE:01970 HKSE:03636 HKSE:00326 HKSE:01981 HKSE:00547 HKSE:08446 NFLX DIS XAMS:UMG WBD LYV SIRI WMG XPAR:BOL FWONA FOXA
Traded in Other Exchanges
N/A
Address
No. 300 Hankou Road, 17th Floor, Jiefang Building, Shanghai, CHN
Website
http://www.starcmgroup.com
STAR CM Holdings Ltd is engaged in the variety program IP production, operation, and licensing, music IP operation and licensing, film and drama series IP operation and licensing and other IP-related business. Geographically, the company derives majority of revenue from Mainland China.
Executives
Beamingstars Investment Holdings Limited 2501 Other
Chinese Culture (shanghai) Equity Investment Center (l.p.) 2501 Other
Chinese Culture (tianjin) Investment Management Co., Ltd. 2501 Other
East Brothers Investment Holdings Limited 2501 Other
Goldenbroad Investment Holdings Limited 2501 Other
Harvest Sky Investment Holdings Limited 2501 Other
Jin Lei 2501 Other
Shanghai Zhihua Enterprise Management Partnership (limited Partnership) 2501 Other
Unionstars Investment Holdings Limited 2101 Beneficial owner
Xu Xiangdong 2501 Other
Tian Ming 2501 Other
Tibet Yuanhe Enterprise Management Co., Ltd. 2101 Beneficial owner
Zhefu Holding Group Co., Ltd. 2201 Interest of corporation controlled by you

STAR CM Holdings (HKSE:06698) Headlines

No Headlines