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International Entertainment (HKSE:01009) Days Payable : 8.95 (As of Dec. 2023)


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What is International Entertainment Days Payable?

International Entertainment's average Accounts Payable for the six months ended in Dec. 2023 was HK$1.9 Mil. International Entertainment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$38.1 Mil. Hence, International Entertainment's Days Payable for the six months ended in Dec. 2023 was 8.95.

The historical rank and industry rank for International Entertainment's Days Payable or its related term are showing as below:

HKSE:01009' s Days Payable Range Over the Past 10 Years
Min: 6.23   Med: 12.41   Max: 56.02
Current: 10.97

During the past 13 years, International Entertainment's highest Days Payable was 56.02. The lowest was 6.23. And the median was 12.41.

HKSE:01009's Days Payable is ranked worse than
92.13% of 1576 companies
in the Real Estate industry
Industry Median: 100.725 vs HKSE:01009: 10.97

International Entertainment's Days Payable declined from Dec. 2022 (12.57) to Dec. 2023 (8.95). It may suggest that International Entertainment accelerated paying its suppliers.


International Entertainment Days Payable Historical Data

The historical data trend for International Entertainment'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.

International Entertainment Days Payable Chart

International Entertainment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 56.02 16.09 11.10 10.36

International Entertainment Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.09 12.04 12.57 12.46 8.95

Competitive Comparison of International Entertainment's Days Payable

For the Real Estate Services subindustry, International Entertainment'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.


International Entertainment's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, International Entertainment's Days Payable distribution charts can be found below:

* The bar in red indicates where International Entertainment's Days Payable falls into.



International Entertainment 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.

International Entertainment'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
=( (2.088 + 1.92) / 2 ) / 70.593*365
=2.004 / 70.593*365
=10.36

International Entertainment'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
=( (1.92 + 1.82) / 2 ) / 38.133*365 / 2
=1.87 / 38.133*365 / 2
=8.95

* 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.


International Entertainment Days Payable Related Terms

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International Entertainment (HKSE:01009) Business Description

Traded in Other Exchanges
N/A
Address
No. 71 Des Voeux Road Central, Units 2109-10, 21st Floor, Wing On House, Hong Kong, HKG
International Entertainment Corp is mainly engaged in the hotel operations and leasing of properties for casino and ancillary leisure and entertainment operations. The operating segments of the group are Hotel, Gaming Operation, and Live Events. It generates maximum revenue from the Gaming Operation segment. The Gaming Operation segment represents the leasing of investment properties equipped with entertainment equipment to PAGCOR. Geographically, it derives a majority of its revenue from the Philippines.
Executives
Eriska Investment Fund Ltd 2101 Beneficial owner
Tang Yuk Fan 2201 Interest of corporation controlled by you
Ag Investment Management Company Limited 2201 Interest of corporation controlled by you
Excite Investments Holdings Limited 2201 Interest of corporation controlled by you
Excite Opportunity Fund L.p. 2101 Beneficial owner
Glorious Future Fund Spc 2201 Interest of corporation controlled by you
Ho Wong Meng 2201 Interest of corporation controlled by you

International Entertainment (HKSE:01009) Headlines

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