Values Cultural Investment (HKSE:01740) Days Payable : 12.74 (As of Dec. 2023)

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What is Values Cultural Investment Days Payable?

Values Cultural Investment's average Accounts Payable for the six months ended in Dec. 2023 was HK$7.82 Mil. Values Cultural Investment's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$111.97 Mil. Hence, Values Cultural Investment's Days Payable for the six months ended in Dec. 2023 was 12.74.

The historical rank and industry rank for Values Cultural Investment's Days Payable or its related term are showing as below:

HKSE:01740' s Days Payable Range Over the Past 10 Years
Min: 16.19 Med: 77.35 Max: 159.39
Current: 16.89

During the past 8 years, Values Cultural Investment's highest Days Payable was 159.39. The lowest was 16.19. And the median was 77.35.

HKSE:01740's Days Payable is ranked worse than
90.83% of 927 companies
in the Media - Diversified industry
Industry Median: 81.28 vs HKSE:01740: 16.89

Values Cultural Investment's Days Payable declined from Dec. 2022 (21.10) to Dec. 2023 (12.74). It may suggest that Values Cultural Investment accelerated paying its suppliers.

Values Cultural Investment Days Payable Historical Data

The historical data trend for Values Cultural Investment'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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Values Cultural Investment Days Payable Chart

Values Cultural Investment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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77.35

111.58

46.43

34.95

16.19

Values Cultural Investment Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									22.78	62.52	21.10	38.54	12.74

Competitive Comparison of Values Cultural Investment's Days Payable

For the Entertainment subindustry, Values Cultural Investment'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.

Values Cultural Investment's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Values Cultural Investment's Days Payable distribution charts can be found below:

* The bar in red indicates where Values Cultural Investment's Days Payable falls into.

Values Cultural Investment 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.

Values Cultural Investment'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
=	( (3.197	+	8.836)	/	2 )	/	135.64	*	365
=	6.0165					/	135.64	*	365
=	16.19

Values Cultural Investment'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
=	( (6.799	+	8.836)	/	2 )	/	111.97	*	365 / 2
=	7.8175					/	111.97	*	365 / 2
=	12.74

Values Cultural Investment Days Payable Related Terms

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Values Cultural Investment (HKSE:01740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Values Cultural Investment Ltd (HKSE:01740) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Hoi Shing Road, Room 16, 28th Floor, One Midtown, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.yuanshimedia.com

Values Cultural Investment Ltd is an investment holding company. It is engaged in licensing of broadcasting rights of TV series, investing in TV series and web series as a non-executive producer, and acting as a distribution agent of TV series. The company's customers include TV stations, companies that are engaged in the business of distribution of TV series, executive producers, and copyright owners of the TV series.

Values Cultural Investment (HKSE:01740) Headlines

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