Pine Technology Holdings (STU:PNY) Days Payable : 9.58 (As of Dec. 2023)

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What is Pine Technology Holdings Days Payable?

Pine Technology Holdings's average Accounts Payable for the six months ended in Dec. 2023 was €0.78 Mil. Pine Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was €14.80 Mil. Hence, Pine Technology Holdings's Days Payable for the six months ended in Dec. 2023 was 9.58.

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

STU:PNY' s Days Payable Range Over the Past 10 Years
Min: 22.11 Med: 48.54 Max: 112
Current: 22.11

During the past 13 years, Pine Technology Holdings's highest Days Payable was 112.00. The lowest was 22.11. And the median was 48.54.

STU:PNY's Days Payable is ranked worse than
93.97% of 2422 companies
in the Hardware industry
Industry Median: 67.85 vs STU:PNY: 22.11

Pine Technology Holdings's Days Payable declined from Dec. 2022 (236.08) to Dec. 2023 (9.58). It may suggest that Pine Technology Holdings accelerated paying its suppliers.

Pine Technology Holdings Days Payable Historical Data

The historical data trend for Pine Technology 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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Pine Technology Holdings Days Payable Chart

Pine Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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68.86

41.96

62.03

105.71

81.40

Pine Technology Holdings 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															83.63	81.75	236.08	36.53	9.58

Competitive Comparison of Pine Technology Holdings's Days Payable

For the Computer Hardware subindustry, Pine Technology 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.

Pine Technology Holdings's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pine Technology Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Pine Technology Holdings's Days Payable falls into.

Pine Technology 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.

Pine Technology 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
=	( (1.759	+	0.777)	/	2 )	/	5.686	*	365
=	1.268					/	5.686	*	365
=	81.40

Pine Technology 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
=	( (0.777	+	0)	/	1 )	/	14.803	*	365 / 2
=	0.777					/	14.803	*	365 / 2
=	9.58

Pine Technology Holdings Days Payable Related Terms

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Pine Technology Holdings (STU:PNY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pine Technology Holdings Ltd (STU:PNY) » Definitions » Days Payable

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01079:Hong Kong

Address

88–98 Des Voeux Road Central, Unit B, 12th Floor, Central 88, Central, Hong Kong, HKG

Website

http://www.pinegroup.com

Pine Technology Holdings Ltd is engaged in the design, manufacturing, and distribution of personal computer (PC) based products. The company operates its business in various segments that include Group's Brand Product; Other brand products; Money lending service; Trading business; and Computer software and hardware and system development. The Company generates majority of its revenue from Sales of plastic products through trading business. It exports its product to Canada, the United States of America, Asia, and other regions.