Transmit Entertainment (HKSE:01326) Days Payable: 351.51 (As of Dec. 2024)

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What is Transmit Entertainment Days Payable?

Transmit Entertainment HKSE:01326 Days Payable is 351.51 as of Dec. 2024.

Transmit Entertainment's average Accounts Payable for the six months ended in Dec. 2024 was HK$51.6 Mil. Transmit Entertainment's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$26.8 Mil. Hence, Transmit Entertainment's Days Payable for the six months ended in Dec. 2024 was 351.51.

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

HKSE:01326's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 81.23
* Ranked among companies with meaningful Days Payable only.

Transmit Entertainment's Days Payable increased from Dec. 2023 (191.88) to Dec. 2024 (351.51). It may suggest that Transmit Entertainment delayed paying its suppliers.

Transmit Entertainment Days Payable Historical Data

* Premium members only.

The historical data trend for Transmit Entertainment'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.

Transmit Entertainment Days Payable Chart

Transmit Entertainment Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 272.26 170.28 48.13 163.52 48.01

Transmit Entertainment Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 243.20 104.99 191.88 25.82 351.51

HKSE:01326 vs NFLX, DIS, WBD: Days Payable Comparison

For the Entertainment subindustry, Transmit Entertainment'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.

Transmit Entertainment Days Payable vs Media - Diversified Industry

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

* The bar in red indicates where Transmit Entertainment's Days Payable falls into.


Transmit Entertainment 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.

Transmit Entertainment's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (43.587 + 52.182) / 2 ) / 364.02*365
=47.8845 / 364.02*365
=48.01

Transmit Entertainment's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (52.182 + 51.038) / 2 ) / 26.795*365 / 2
=51.61 / 26.795*365 / 2
=351.51

* 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 351.51 mean?
Transmit Entertainment (HKSE:01326) has a Days Payable of 351.51 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Transmit Entertainment and its competitors.
Is Transmit Entertainment's Days Payable too high?
Transmit Entertainment's current Days Payable is 351.51. The Media - Diversified industry median Days Payable is 81.23. Transmit Entertainment's value of 351.51 is 332.7% above this industry median.
How does Transmit Entertainment's Days Payable compare to NFLX and DIS?
Transmit Entertainment's Days Payable of 351.51 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 81.23. Transmit Entertainment's value of 351.51 is 332.7% above this benchmark. 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 a Media - Diversified company?
The median Days Payable among Media - Diversified companies is 81.23, based on 914 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. Transmit Entertainment's current Days Payable of 351.51 is 332.7% 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 Transmit Entertainment and its competitors. For the Media - Diversified industry, the median Days Payable is 81.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transmit Entertainment's current Days Payable is 351.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transmit Entertainment stock overvalued right now?
Transmit Entertainment (HKSE:01326) has a current Days Payable of 351.51. The current Days Payable is 351.51 and 332.7% above the Media - Diversified industry median of 81.23. 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 Transmit Entertainment (HKSE:01326), the current Days Payable is 351.51 as of Dec. 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.

Transmit Entertainment Business Description

Address 128 Gloucester Road, Flat B, 14th Floor, Neich Tower, Wanchai, Hong Kong, HKG
Transmit Entertainment Ltd is engaged in engages in film, TV series, and variety show production, distribution and licensing of film rights and other businesses. The Group produces Chinese variety shows and TV series in both Mainland China and Hong Kong. The firm operates in the following segments: TV series production and distribution; Film exhibition and Pan entertainment. The majority of its revenue is generated from the TV series production and distribution segment. Geographically, it derives maximum revenue from Mainland, the People's Republic of China, and the rest from Hong Kong.