Pangaea Connectivity Technology (HKSE:01473) Days Payable : 47.08 (As of Sep. 2024)

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What is Pangaea Connectivity Technology Days Payable?

Pangaea Connectivity Technology's average Accounts Payable for the six months ended in Sep. 2024 was HK$238 Mil. Pangaea Connectivity Technology's Cost of Goods Sold for the six months ended in Sep. 2024 was HK$923 Mil. Hence, Pangaea Connectivity Technology's Days Payable for the six months ended in Sep. 2024 was 47.08.

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

HKSE:01473' s Days Payable Range Over the Past 10 Years
Min: 26.34 Med: 43.02 Max: 48.78
Current: 45.02

During the past 7 years, Pangaea Connectivity Technology's highest Days Payable was 48.78. The lowest was 26.34. And the median was 43.02.

HKSE:01473's Days Payable is ranked worse than
72.81% of 2416 companies
in the Hardware industry
Industry Median: 68.85 vs HKSE:01473: 45.02

Pangaea Connectivity Technology's Days Payable increased from Sep. 2023 (33.19) to Sep. 2024 (47.08). It may suggest that Pangaea Connectivity Technology delayed paying its suppliers.

Pangaea Connectivity Technology Days Payable Historical Data

The historical data trend for Pangaea Connectivity Technology'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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Pangaea Connectivity Technology Days Payable Chart

Pangaea Connectivity Technology Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Payable

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39.17

36.06

45.53

26.34

48.78

Pangaea Connectivity Technology Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Payable	Get a 7-Day Free Trial							31.50	36.00	33.19	51.15	47.08

Competitive Comparison of Pangaea Connectivity Technology's Days Payable

For the Communication Equipment subindustry, Pangaea Connectivity Technology'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.

Pangaea Connectivity Technology's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pangaea Connectivity Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Pangaea Connectivity Technology's Days Payable falls into.

Pangaea Connectivity Technology 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.

Pangaea Connectivity Technology's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

	Days Payable (A: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2023 )	+	Accounts Payable (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (66.447	+	272.178)	/	2 )	/	1266.936	*	365
=	169.3125					/	1266.936	*	365
=	48.78

Pangaea Connectivity Technology's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (272.178	+	204.151)	/	2 )	/	923.12	*	365 / 2
=	238.1645					/	923.12	*	365 / 2
=	47.08

Pangaea Connectivity Technology Days Payable Related Terms

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Pangaea Connectivity Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pangaea Connectivity Technology Ltd (HKSE:01473) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Johnston Road, Rooms 902-6, 9th Floor, Tai Yau Building, Wanchai, Hong Kong, HKG

Website

http://www.pangaea.com.hk

Pangaea Connectivity Technology Ltd is involved in the telecom and datacom connectivity industry. It offers connectivity products covering wireless microwave networks, optical networks from access to metro to regional and long haul, and data center and commercial networks for cellular, fixed, personal and private usage. The company is principally engaged in import and export of connectivity products which are used in telecom and datacom connectivity industry for different end applications such as telecom infrastructure, data centres, high performance computing, IoT, and network connectivity products.

Executives

Generous Horizon Limited	2101 Beneficial owner
Fung Yui Kong	2201 Interest of corporation controlled by you
Lam Esther W.	2202 Interest of your spouse
Poon Ka Ho Stanley	2101 Beneficial owner
Generous Team Limited

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