Plover Bay Technologies (HKSE:01523) Days Payable : 17.94 (As of Dec. 2024)

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What is Plover Bay Technologies Days Payable?

Plover Bay Technologies's average Accounts Payable for the six months ended in Dec. 2024 was HK$20.7 Mil. Plover Bay Technologies's Cost of Goods Sold for the six months ended in Dec. 2024 was HK$210.6 Mil. Hence, Plover Bay Technologies's Days Payable for the six months ended in Dec. 2024 was 17.94.

The historical rank and industry rank for Plover Bay Technologies's Days Payable or its related term are showing as below:

HKSE:01523' s Days Payable Range Over the Past 10 Years
Min: 17.61 Med: 30.24 Max: 51.31
Current: 17.61

During the past 12 years, Plover Bay Technologies's highest Days Payable was 51.31. The lowest was 17.61. And the median was 30.24.

HKSE:01523's Days Payable is ranked worse than
95.33% of 2400 companies
in the Hardware industry
Industry Median: 68.895 vs HKSE:01523: 17.61

Plover Bay Technologies's Days Payable increased from Dec. 2023 (14.47) to Dec. 2024 (17.94). It may suggest that Plover Bay Technologies delayed paying its suppliers.

Plover Bay Technologies Days Payable Historical Data

The historical data trend for Plover Bay Technologies'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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Plover Bay Technologies Days Payable Chart

Plover Bay Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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26.80

33.79

34.52

27.95

22.99

Plover Bay Technologies 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															31.65	24.49	14.47	11.79	17.94

Competitive Comparison of Plover Bay Technologies's Days Payable

For the Communication Equipment subindustry, Plover Bay Technologies'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.

Plover Bay Technologies's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Plover Bay Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Plover Bay Technologies's Days Payable falls into.

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Plover Bay Technologies 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.

Plover Bay Technologies's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (17.963	+	33.589)	/	2 )	/	409.207	*	365
=	25.776					/	409.207	*	365
=	22.99

Plover Bay Technologies'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
=	( (7.818	+	33.589)	/	2 )	/	210.574	*	365 / 2
=	20.7035					/	210.574	*	365 / 2
=	17.94

Plover Bay Technologies Days Payable Related Terms

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Plover Bay Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Plover Bay Technologies Ltd (HKSE:01523) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PBTDF:USA

Address

93 King Lam Street, Unit B, 5th Floor, Dragon Industrial Building, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

https://www.ploverbay.com

Plover Bay Technologies Ltd is an investment holding company. The company and its subsidiaries are engaged in the research, design, development, and marketing of Software Defined WAN (SD-WAN) routers and the provision of software licenses and warranty and support services. The company's products and services are used by enterprise users, such as multinational companies, as well as industry users. It has two operating segments: the sale of SD-WAN routers segment that engages in the sale of wired and wireless routers, also known as Fixed First Connectivity and Mobile First Connectivity, respectively; and software licences and warranty and support services segment that engages in the provision of software licences and warranty and support services.

Executives

Namlong Development Limited	2101 Beneficial owner
Chan Wing Hong Alex	2201 Interest of corporation controlled by you

Plover Bay Technologies Headlines

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