Meta Media Holdings (HKSE:00072) Days Payable : 87.69 (As of Dec. 2023)

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What is Meta Media Holdings Days Payable?

Meta Media Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$73.9 Mil. Meta Media Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$153.8 Mil. Hence, Meta Media Holdings's Days Payable for the six months ended in Dec. 2023 was 87.69.

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

HKSE:00072' s Days Payable Range Over the Past 10 Years
Min: 44.78 Med: 83.43 Max: 117.91
Current: 109.29

During the past 13 years, Meta Media Holdings's highest Days Payable was 117.91. The lowest was 44.78. And the median was 83.43.

HKSE:00072's Days Payable is ranked better than
59.48% of 923 companies
in the Media - Diversified industry
Industry Median: 81.72 vs HKSE:00072: 109.29

Meta Media Holdings's Days Payable increased from Dec. 2022 (72.47) to Dec. 2023 (87.69). It may suggest that Meta Media Holdings delayed paying its suppliers.

Meta Media Holdings Days Payable Historical Data

The historical data trend for Meta Media 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.

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Meta Media Holdings Days Payable Chart

Meta Media Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.18

87.14

81.73

94.69

117.91

Meta Media 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															71.06	93.34	72.47	129.95	87.69

Competitive Comparison of Meta Media Holdings's Days Payable

For the Advertising Agencies subindustry, Meta Media 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.

Meta Media Holdings's Days Payable Distribution in the Media - Diversified Industry

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

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

Meta Media 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.

Meta Media 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
=	( (86.026	+	82.177)	/	2 )	/	260.344	*	365
=	84.1015					/	260.344	*	365
=	117.91

Meta Media 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
=	( (65.66	+	82.177)	/	2 )	/	153.835	*	365 / 2
=	73.9185					/	153.835	*	365 / 2
=	87.69

Meta Media Holdings Days Payable Related Terms

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Meta Media Holdings (HKSE:00072) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Meta Media Holdings Ltd (HKSE:00072) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Units 213, Number 1 Software Park Road, 2nd Floor, Block 2, Exhibition Centre, Guangdong Province, Zhuhai, CHN

Website

https://www.modernmedia.com.cn

Meta Media Holdings Ltd is an investment holding company principally engaged in media businesses. It operates through two segments. The art platform segment contributes the majority of the firm's revenue and is engaged in the sales of advertising spaces in magazines, the publication, and distribution of its magazines and periodicals, artwork trading, an auction, as well as art exhibition and education. The Digital platform segment is engaged in the publication of digital media products and sales of advertising spaces through a digital media platform, as well as the production of customized content for brand advertisers. The company operates in China, Hongkong, and the United Kingdom, out of which China accounts for the majority of the revenue.

Executives

Zhou Shao-min	2202 Interest of your spouse
Shao Zhong	2101 Beneficial owner

Meta Media Holdings (HKSE:00072) Headlines

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