Pico Far East Holdings (Pico Far East Holdings) Days Payable : 92.88 (As of Oct. 2023)

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What is Pico Far East Holdings Days Payable?

Pico Far East Holdings's average Accounts Payable for the six months ended in Oct. 2023 was $126.6 Mil. Pico Far East Holdings's Cost of Goods Sold for the six months ended in Oct. 2023 was $248.8 Mil. Hence, Pico Far East Holdings's Days Payable for the six months ended in Oct. 2023 was 92.88.

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

PCOFF' s Days Payable Range Over the Past 10 Years
Min: 35.27 Med: 54.86 Max: 76.41
Current: 76.41

During the past 13 years, Pico Far East Holdings's highest Days Payable was 76.41. The lowest was 35.27. And the median was 54.86.

PCOFF's Days Payable is ranked worse than
51.62% of 926 companies
in the Media - Diversified industry
Industry Median: 79.395 vs PCOFF: 76.41

Pico Far East Holdings's Days Payable declined from Oct. 2022 (120.63) to Oct. 2023 (92.88). It may suggest that Pico Far East Holdings accelerated paying its suppliers.

Pico Far East Holdings Days Payable Historical Data

The historical data trend for Pico Far East 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.

* Premium members only.

Pico Far East Holdings Days Payable Chart

Pico Far East Holdings Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Payable

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49.74

68.45

45.71

40.12

35.22

Pico Far East Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Payable	Get a 7-Day Free Trial															105.88	103.42	120.63	101.19	92.88

Competitive Comparison of Pico Far East Holdings's Days Payable

For the Advertising Agencies subindustry, Pico Far East 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.

Pico Far East Holdings's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Pico Far East Holdings's Days Payable falls into.

Pico Far East 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.

Pico Far East Holdings's Days Payable for the fiscal year that ended in Oct. 2023 is calculated as

	Days Payable (A: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2022 )	+	Accounts Payable (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (45.924	+	46.248)	/	2 )	/	477.64	*	365
=	46.086					/	477.64	*	365
=	35.22

Pico Far East Holdings's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Apr. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (207.006	+	46.248)	/	2 )	/	248.819	*	365 / 2
=	126.627					/	248.819	*	365 / 2
=	92.88

Pico Far East Holdings Days Payable Related Terms

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Pico Far East Holdings (Pico Far East Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pico Far East Holdings Ltd (OTCPK:PCOFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00752:Hong Kong PJFB:Germany

Address

Pico House, 4 Dai Fu Street, Tai Po Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.pico.com

Pico Far East Holdings Ltd is in brand activation. It promotes brands provides exhibition and event marketing services. Its services include events, exhibitions, visual identity, interior and retail, themed environment, venue management, conference and exhibition management, expo, and sports. The company's operating segment includes Exhibition, event and brand activation; Visual branding activation; Museum and themed environment and Meeting architecture activation. It generates maximum revenue from the Exhibition, event and brand activation segment. Geographically, it derives a majority of revenue from Greater China.

Pico Far East Holdings (Pico Far East Holdings) Headlines

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