i-CABLE Communications (i-CABLE Communications) Days Payable : 25.17 (As of Dec. 2023)

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What is i-CABLE Communications Days Payable?

i-CABLE Communications's average Accounts Payable for the six months ended in Dec. 2023 was $9.06 Mil. i-CABLE Communications's Cost of Goods Sold for the six months ended in Dec. 2023 was $65.68 Mil. Hence, i-CABLE Communications's Days Payable for the six months ended in Dec. 2023 was 25.17.

The historical rank and industry rank for i-CABLE Communications's Days Payable or its related term are showing as below:

ICABY' s Days Payable Range Over the Past 10 Years
Min: 9.44 Med: 17.69 Max: 30.36
Current: 28.62

During the past 13 years, i-CABLE Communications's highest Days Payable was 30.36. The lowest was 9.44. And the median was 17.69.

ICABY's Days Payable is ranked worse than
81.27% of 929 companies
in the Media - Diversified industry
Industry Median: 78.37 vs ICABY: 28.62

i-CABLE Communications's Days Payable increased from Dec. 2022 (18.04) to Dec. 2023 (25.17). It may suggest that i-CABLE Communications delayed paying its suppliers.

i-CABLE Communications Days Payable Historical Data

The historical data trend for i-CABLE Communications'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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i-CABLE Communications Days Payable Chart

i-CABLE Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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13.67

19.48

22.63

28.64

30.40

i-CABLE Communications 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															19.39	30.62	18.04	32.15	25.17

Competitive Comparison of i-CABLE Communications's Days Payable

For the Entertainment subindustry, i-CABLE Communications'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.

i-CABLE Communications's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, i-CABLE Communications's Days Payable distribution charts can be found below:

* The bar in red indicates where i-CABLE Communications's Days Payable falls into.

i-CABLE Communications 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.

i-CABLE Communications'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
=	( (6.458	+	10.946)	/	2 )	/	104.49	*	365
=	8.702					/	104.49	*	365
=	30.40

i-CABLE Communications'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
=	( (7.174	+	10.946)	/	2 )	/	65.684	*	365 / 2
=	9.06					/	65.684	*	365 / 2
=	25.17

i-CABLE Communications Days Payable Related Terms

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i-CABLE Communications (i-CABLE Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » i-CABLE Communications Ltd (OTCPK:ICABY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ICABF:USA 01097:Hong Kong IB5A:Germany

Address

9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

http://www.i-cablecomm.com

i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

i-CABLE Communications (i-CABLE Communications) Headlines

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