Smart Globe Holdings (HKSE:01481) Days Payable : 45.51 (As of Dec. 2023)

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What is Smart Globe Holdings Days Payable?

Smart Globe Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$9.64 Mil. Smart Globe Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$38.66 Mil. Hence, Smart Globe Holdings's Days Payable for the six months ended in Dec. 2023 was 45.51.

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

HKSE:01481' s Days Payable Range Over the Past 10 Years
Min: 29.43 Med: 47.11 Max: 223.45
Current: 44.54

During the past 9 years, Smart Globe Holdings's highest Days Payable was 223.45. The lowest was 29.43. And the median was 47.11.

HKSE:01481's Days Payable is ranked worse than
68.57% of 926 companies
in the Media - Diversified industry
Industry Median: 82.14 vs HKSE:01481: 44.54

Smart Globe Holdings's Days Payable increased from Dec. 2022 (35.03) to Dec. 2023 (45.51). It may suggest that Smart Globe Holdings delayed paying its suppliers.

Smart Globe Holdings Days Payable Historical Data

The historical data trend for Smart Globe 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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Smart Globe Holdings Days Payable Chart

Smart Globe Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.02

47.11

29.69

29.43

43.78

Smart Globe Holdings Semi-Annual Data
	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												45.05	40.31	35.03	44.31	45.51

Competitive Comparison of Smart Globe Holdings's Days Payable

For the Publishing subindustry, Smart Globe 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.

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

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

* The bar in red indicates where Smart Globe Holdings's Days Payable falls into.

Smart Globe 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.

Smart Globe 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
=	( (8.425	+	9.731)	/	2 )	/	75.69	*	365
=	9.078					/	75.69	*	365
=	43.78

Smart Globe 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
=	( (9.554	+	9.731)	/	2 )	/	38.664	*	365 / 2
=	9.6425					/	38.664	*	365 / 2
=	45.51

Smart Globe Holdings Days Payable Related Terms

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Smart Globe Holdings (HKSE:01481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Globe Holdings Ltd (HKSE:01481) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Heyuan Hi-Tech Development Zone, Guangdong Province, Heyuan, CHN

Website

http://www.smartglobehk.com

Smart Globe Holdings Ltd is engaged in the provision of printing services. Its operations comprise printing books products and novelty and packaging products. The company offers a full suite of services from pre-press to printing to finishing services, as well as producing custom-made and value-added printing products. It manufactures varieties of products such as Oversized books, Novelty and packaging products. The group's operations are located in Hong Kong and the PRC. It derives key revenue from Hong Kong.

Smart Globe Holdings (HKSE:01481) Headlines

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