iDreamSky Technology Holdings (HKSE:01119) Days Payable : 80.58 (As of Dec. 2023)

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What is iDreamSky Technology Holdings Days Payable?

iDreamSky Technology Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$303 Mil. iDreamSky Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$686 Mil. Hence, iDreamSky Technology Holdings's Days Payable for the six months ended in Dec. 2023 was 80.58.

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

HKSE:01119' s Days Payable Range Over the Past 10 Years
Min: 36.79 Med: 47.15 Max: 106.62
Current: 98.56

During the past 9 years, iDreamSky Technology Holdings's highest Days Payable was 106.62. The lowest was 36.79. And the median was 47.15.

HKSE:01119's Days Payable is ranked better than
60.51% of 433 companies
in the Interactive Media industry
Industry Median: 61.44 vs HKSE:01119: 98.56

iDreamSky Technology Holdings's Days Payable increased from Dec. 2022 (42.24) to Dec. 2023 (80.58). It may suggest that iDreamSky Technology Holdings delayed paying its suppliers.

iDreamSky Technology Holdings Days Payable Historical Data

The historical data trend for iDreamSky Technology 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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iDreamSky Technology Holdings Days Payable Chart

iDreamSky Technology Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.91

36.79

39.56

47.15

106.62

iDreamSky Technology Holdings Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial											50.74	36.98	42.24	108.76	80.58

Competitive Comparison of iDreamSky Technology Holdings's Days Payable

For the Electronic Gaming & Multimedia subindustry, iDreamSky Technology 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.

iDreamSky Technology Holdings's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, iDreamSky Technology Holdings's Days Payable distribution charts can be found below:

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

iDreamSky Technology 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.

iDreamSky Technology 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
=	( (495.261	+	299.056)	/	2 )	/	1359.581	*	365
=	397.1585					/	1359.581	*	365
=	106.62

iDreamSky Technology 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
=	( (307.1	+	299.056)	/	2 )	/	686.386	*	365 / 2
=	303.078					/	686.386	*	365 / 2
=	80.58

iDreamSky Technology Holdings Days Payable Related Terms

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iDreamSky Technology Holdings (HKSE:01119) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » iDreamSky Technology Holdings Ltd (HKSE:01119) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

08IA:Germany

Address

15 Keyuan Road, 16th Floor, A3 Building, Kexing Science Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.idreamsky.com

iDreamSky Technology Holdings Ltd operates a digital entertainment platform in the game publishing market in China. Its gaming portfolio includes role-playing games, endless running games, matching puzzle games and casual competition games among others. The company has two reportable segment: Game and information services segment and IP derivatives business segment.

Executives

Chen Xiangyu	2201 Interest of corporation controlled by you
Brilliant Seed Limited
Tencent Holdings Limited	2201 Interest of corporation controlled by you
Bank Of America Corporation	2201 Interest of corporation controlled by you
Dream Investment Holdings Limited
Dream Technology Holdings Limited
Idreamsky Technology Limited
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
Chen Xiangyu
Yong Rong (hk) Asset Management Limited	2102 Investment manager
Tencent Mobility Limited

iDreamSky Technology Holdings (HKSE:01119) Headlines

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