AMTD IDEA Group (AMTD IDEA Group) Days Payable

: 171.17 (As of Jun. 2023)

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AMTD IDEA Group's average Accounts Payable for the six months ended in Jun. 2023 was $9.7 Mil. AMTD IDEA Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $10.3 Mil. Hence, AMTD IDEA Group's Days Payable for the six months ended in Jun. 2023 was 171.17.

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

AMTD' s Days Payable Range Over the Past 10 Years
Min: 17.36 Med: 1056.25 Max: 2116.04
Current: 199.75

During the past 7 years, AMTD IDEA Group's highest Days Payable was 2116.04. The lowest was 17.36. And the median was 1056.25.

AMTD's Days Payable is ranked better than
72.75% of 466 companies
in the Asset Management industry
Industry Median: 70.395 vs AMTD: 199.75

AMTD IDEA Group's Days Payable declined from Jun. 2022 (291.43) to Jun. 2023 (171.17). It may suggest that AMTD IDEA Group accelerated paying its suppliers.

AMTD IDEA Group Days Payable Historical Data

The historical data trend for AMTD IDEA 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.

* Premium members only.

AMTD IDEA Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

1,634.75

2,104.27

1,337.19

775.83

216.81

AMTD IDEA Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable								947.39	861.01	291.43	221.69	171.17

Competitive Comparison

For the Asset Management subindustry, AMTD IDEA 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.

AMTD IDEA Group Days Payable Distribution

For the Asset Management industry and Financial Services sector, AMTD IDEA Group's Days Payable distribution charts can be found below:

* The bar in red indicates where AMTD IDEA Group's Days Payable falls into.

AMTD IDEA 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.

AMTD IDEA Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	9.826)	/	1 )	/	16.542	*	365
=	9.826					/	16.542	*	365
=	216.81

AMTD IDEA Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (9.826	+	9.542)	/	2 )	/	10.325	*	365 / 2
=	9.684					/	10.325	*	365 / 2
=	171.17

AMTD IDEA Group Days Payable Related Terms

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AMTD IDEA Group (AMTD IDEA Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AMTD IDEA Group (NYSE:AMTD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HKB:Singapore

Address

41 Connaught Road Central, 23rd Floor Nexxus Building, Hong Kong, HKG

Website

https://www.amtdinc.com

AMTD IDEA Group is a financial institution operating in four business segment: The capital market solutions segment assists customers in raising funds through equity and debt financing, private placements and debt issuances. The digital solutions and other services segment provides institutional and corporate clients with exclusive, paid access to enhance investor communication, investor relations and corporate communication. The fashion and luxury media advertising and marketing services segment, engages in provision of print and digital advertising campaigns, licensing, and value-added marketing services including branded content, video production, social media activation. The strategic investment segment engages in proprietary investments and management of investment portfolio.