A8 New Media Group (HKSE:00800) Days Payable : 140.10 (As of Dec. 2023)

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What is A8 New Media Group Days Payable?

A8 New Media Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$7.60 Mil. A8 New Media Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$9.90 Mil. Hence, A8 New Media Group's Days Payable for the six months ended in Dec. 2023 was 140.10.

The historical rank and industry rank for A8 New Media Group's Days Payable or its related term are showing as below:

HKSE:00800' s Days Payable Range Over the Past 10 Years
Min: 71.63 Med: 120.02 Max: 155.8
Current: 145.84

During the past 13 years, A8 New Media Group's highest Days Payable was 155.80. The lowest was 71.63. And the median was 120.02.

HKSE:00800's Days Payable is ranked better than
83.4% of 470 companies
in the Conglomerates industry
Industry Median: 59.305 vs HKSE:00800: 145.84

A8 New Media Group's Days Payable declined from Dec. 2022 (169.88) to Dec. 2023 (140.10). It may suggest that A8 New Media Group accelerated paying its suppliers.

A8 New Media Group Days Payable Historical Data

The historical data trend for A8 New Media Group'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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A8 New Media Group Days Payable Chart

A8 New Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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100.58

139.40

145.16

155.80

147.61

A8 New Media Group 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															131.32	148.20	169.88	150.09	140.10

Competitive Comparison of A8 New Media Group's Days Payable

For the Conglomerates subindustry, A8 New Media Group'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.

A8 New Media Group's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, A8 New Media Group's Days Payable distribution charts can be found below:

* The bar in red indicates where A8 New Media Group's Days Payable falls into.

A8 New Media Group 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.

A8 New Media Group'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
=	( (7.909	+	7.681)	/	2 )	/	19.275	*	365
=	7.795					/	19.275	*	365
=	147.61

A8 New Media Group'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
=	( (7.516	+	7.681)	/	2 )	/	9.898	*	365 / 2
=	7.5985					/	9.898	*	365 / 2
=	140.10

A8 New Media Group Days Payable Related Terms

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A8 New Media Group (HKSE:00800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » A8 New Media Group Ltd (HKSE:00800) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1002 Keyuan Road, 25th Floor, A8 Music Building, Hi-tech Park, Nanshan District, Guangdong Province, Shenzhen, CHN, 518054

Website

https://www.a8nmg.com

A8 New Media Group Ltd is an investment holding company. It is organized into business units based on their services and has two reportable operating segments as follows: the cultural business segment engages in the provision of music-based entertainment, film and television production and game-related services in the People's Republic of China, and the Property Investment segment invests in properties for rental and management fee income in the People's Republic of China. Majority of the revenue derives from Property Investment segment.

Executives

Liu Xiaosong	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee
Prime Century Technology Limited	2101 Beneficial owner
Ever Novel Holdings Limited	2101 Beneficial owner

A8 New Media Group (HKSE:00800) Headlines

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