APTtellite Holdings (APTtellite Holdings) Days Payable : 25.13 (As of Dec. 2023)

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What is APTtellite Holdings Days Payable?

APTtellite Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $4.3 Mil. APTtellite Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $31.6 Mil. Hence, APTtellite Holdings's Days Payable for the six months ended in Dec. 2023 was 25.13.

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

ASEJF' s Days Payable Range Over the Past 10 Years
Min: 3.04 Med: 11.91 Max: 47.07
Current: 19.05

During the past 13 years, APTtellite Holdings's highest Days Payable was 47.07. The lowest was 3.04. And the median was 11.91.

ASEJF's Days Payable is ranked worse than
92.53% of 348 companies
in the Telecommunication Services industry
Industry Median: 102.36 vs ASEJF: 19.05

APTtellite Holdings's Days Payable declined from Dec. 2022 (39.50) to Dec. 2023 (25.13). It may suggest that APTtellite Holdings accelerated paying its suppliers.

APTtellite Holdings Days Payable Historical Data

The historical data trend for APTtellite 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.

APTtellite Holdings Days Payable Chart

APTtellite Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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8.10

3.03

5.09

6.42

4.62

APTtellite Holdings 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															33.87	40.39	39.50	27.43	25.13

Competitive Comparison of APTtellite Holdings's Days Payable

For the Telecom Services subindustry, APTtellite 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.

APTtellite Holdings's Days Payable Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, APTtellite Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where APTtellite Holdings's Days Payable falls into.

APTtellite 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.

APTtellite Holdings'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
=	( (0.879	+	0.672)	/	2 )	/	61.258	*	365
=	0.7755					/	61.258	*	365
=	4.62

APTtellite Holdings'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
=	( (8.02	+	0.672)	/	2 )	/	31.562	*	365 / 2
=	4.346					/	31.562	*	365 / 2
=	25.13

APTtellite Holdings Days Payable Related Terms

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APTtellite Holdings (APTtellite Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » APT Satellite Holdings Ltd (OTCPK:ASEJF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

01045:Hong Kong

Address

22 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.apstar.com

APT Satellite Holdings Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in the maintenance, operation, and provision of satellite transponder capacity and related services; satellite-based broadcasting and telecommunications services; and other services. From a regional perspective, the company's revenue is derived from customers in Hong Kong, Greater China, Southeast Asia, and other regions.

Executives

Jaycee James

10 percent owner

9298 SVL BOX, VICTORVILLE CA 92395

APTtellite Holdings (APTtellite Holdings) Headlines

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