Litian Pictures Holdings (HKSE:09958) Days Payable : 373.39 (As of Dec. 2023)

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What is Litian Pictures Holdings Days Payable?

Litian Pictures Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$254.8 Mil. Litian Pictures Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$124.5 Mil. Hence, Litian Pictures Holdings's Days Payable for the six months ended in Dec. 2023 was 373.39.

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

HKSE:09958' s Days Payable Range Over the Past 10 Years
Min: 112.26 Med: 348.37 Max: 486.15
Current: 486.15

During the past 7 years, Litian Pictures Holdings's highest Days Payable was 486.15. The lowest was 112.26. And the median was 348.37.

HKSE:09958's Days Payable is ranked better than
90.24% of 932 companies
in the Media - Diversified industry
Industry Median: 79.485 vs HKSE:09958: 486.15

Litian Pictures Holdings's Days Payable increased from Dec. 2022 (231.61) to Dec. 2023 (373.39). It may suggest that Litian Pictures Holdings delayed paying its suppliers.

Litian Pictures Holdings Days Payable Historical Data

The historical data trend for Litian Pictures 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.

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Litian Pictures Holdings Days Payable Chart

Litian Pictures Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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348.37

363.67

325.79

467.57

482.73

Litian Pictures Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial							231.44	6,165.84	231.61	681.67	373.39

Competitive Comparison of Litian Pictures Holdings's Days Payable

For the Entertainment subindustry, Litian Pictures 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.

Litian Pictures Holdings's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Litian Pictures Holdings's Days Payable falls into.

Litian Pictures 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.

Litian Pictures 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
=	( (281.948	+	242.061)	/	2 )	/	198.107	*	365
=	262.0045					/	198.107	*	365
=	482.73

Litian Pictures 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
=	( (267.575	+	242.061)	/	2 )	/	124.546	*	365 / 2
=	254.818					/	124.546	*	365 / 2
=	373.39

Litian Pictures Holdings Days Payable Related Terms

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Litian Pictures Holdings (HKSE:09958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Litian Pictures Holdings Ltd (HKSE:09958) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5A, Tongniu Dianying Industrial Park, Chaoyang District, Beijing, CHN

Website

https://www.litian.tv

Litian Pictures Holdings Ltd is a a drama series distribution company in the People's Republic of China. It is engaged in the business of licensing the broadcasting rights of self-produced and outright-purchased drama series. In addition, it is engaged in other businesses, which include selling drama series scripts; acting as a distribution agent of the broadcasting rights of TV series; and investing in drama series in which it acts as a non-executive producer. It operates in three segments namely, Self-produced drama series; Outright-purchased drama series; and Others. It derives all its revenue from production, distribution and licensing of broadcasting rights of drama series in China.

Executives

Tian Tian	2201 Interest of corporation controlled by you
Yuan Li	2201 Interest of corporation controlled by you
Litian Century Media Co. Ltd.	2101 Beneficial owner
Marshal Investment Co. Ltd.	2101 Beneficial owner
Joint Fortune Huayi Emerging Industry Investment Co. Ltd.	2101 Beneficial owner
Li Yiwei	2201 Interest of corporation controlled by you
Xie Ailong	2201 Interest of corporation controlled by you

Litian Pictures Holdings (HKSE:09958) Headlines

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