AGBAW (AGBA Group Holding) Days Payable: 245.40 (As of Jun. 2024) — 122% Above Median

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AGBAW AGBA Group Holding Ltd AGBAW
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What is AGBA Group Holding Days Payable?

AGBA Group Holding AGBAW -6.84% 14 Days Payable is 245.40 as of Jun. 2024, which is 122% above its 10-year median of 110.64. GuruFocus rates AGBAW with a GF Score™ of 14/100. The stock has 7 warning signs investors should review.

AGBA Group Holding's average Accounts Payable for the three months ended in Jun. 2024 was $18.27 Mil. AGBA Group Holding's Cost of Goods Sold for the three months ended in Jun. 2024 was $6.79 Mil. Hence, AGBA Group Holding's Days Payable for the three months ended in Jun. 2024 was 245.40.

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

AGBAW' s Days Payable Range Over the Past 10 Years
Min: 102.28   Med: 110.64   Max: 269.28
Current: 143.25

During the past 4 years, AGBA Group Holding's highest Days Payable was 269.28. The lowest was 102.28. And the median was 110.64.

AGBAW's Days Payable is not ranked
in the Asset Management industry.
Industry Median: 70 vs AGBAW: 143.25

AGBA Group Holding's Days Payable increased from Jun. 2023 (96.57) to Jun. 2024 (245.40). It may suggest that AGBA Group Holding delayed paying its suppliers.


AGBA Group Holding Days Payable Historical Data

* Premium members only.

The historical data trend for AGBA Group Holding'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.

AGBA Group Holding Days Payable Chart

AGBA Group Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
269.28 102.28 108.03 113.25

AGBA Group Holding Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.57 101.61 126.49 163.52 245.40

AGBAW vs SDIG, SWIN, BTM: Days Payable Comparison

For the Asset Management subindustry, AGBA Group Holding'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.


AGBA Group Holding Days Payable vs Asset Management Industry

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

* The bar in red indicates where AGBA Group Holding's Days Payable falls into.


AGBAW
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AGBA Group Holding Ltd AGBAW
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AGBA Group Holding 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.

AGBA Group Holding'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
=( (20.274 + 19.754) / 2 ) / 64.506*365
=20.014 / 64.506*365
=113.25

AGBA Group Holding's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (17.897 + 18.646) / 2 ) / 6.794*365 / 4
=18.2715 / 6.794*365 / 4
=245.40

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 245.40 mean?
AGBA Group Holding (AGBAW) has a Days Payable of 245.40 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on AGBA Group Holding and its competitors. This is 122% above median its historical median of 110.64. Over the past decade, AGBA Group Holding's Days Payable has ranged from 102.28 to 269.28.
Is AGBA Group Holding's Days Payable too high?
AGBA Group Holding's current Days Payable of 245.40 is 122% above median its 10-year median of 110.64. Over the past 10 years, this metric has ranged from a low of 102.28 to a high of 269.28. The Asset Management industry median Days Payable is 70.00. AGBA Group Holding's value of 245.40 is 250.6% above this industry median. Overall, AGBA Group Holding has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does AGBA Group Holding's Days Payable compare to SDIG and SWIN?
AGBA Group Holding's Days Payable of 245.40 can be compared against companies in the Asset Management industry. The industry median Days Payable is 70.00. AGBA Group Holding's value of 245.40 is 250.6% above this benchmark. Historically, AGBA Group Holding's own Days Payable has ranged from 102.28 to 269.28 over the past decade. While the company's 10-year median is 110.64 vs. the industry median of 70.00, AGBA Group Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Asset Management company?
The median Days Payable among Asset Management companies is 70.00, based on 479 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. AGBA Group Holding's current Days Payable of 245.40 is 250.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on AGBA Group Holding and its competitors. For the Asset Management industry, the median Days Payable is 70.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AGBA Group Holding's current Days Payable is 245.40, which is 122% above median its own 10-year median of 110.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AGBA Group Holding stock overvalued right now?
AGBA Group Holding (AGBAW) has a current Days Payable of 245.40. The current Days Payable is 245.40, which is 122% above median its 10-year median of 110.64 and 250.6% above the Asset Management industry median of 70.00. AGBA Group Holding's overall GF Score™ is 14/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For AGBA Group Holding (AGBAW), the current Days Payable is 245.40 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

AGBA Group Holding Business Description

Address 68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG
AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with financial, medical, and healthcare service options. The AGBA is an omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.
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