AM Group Holdings (HKSE:01849) Days Payable: 201.05 (As of Dec. 2023)

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What is AM Group Holdings Days Payable?

AM Group Holdings HKSE:01849 Days Payable is 201.05 as of Dec. 2023.

AM Group Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$73.5 Mil. AM Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$66.8 Mil. Hence, AM Group Holdings's Days Payable for the six months ended in Dec. 2023 was 201.05.

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

HKSE:01849's Days Payable is not ranked *
in the Media - Diversified industry.
Industry Median: 82.475
* Ranked among companies with meaningful Days Payable only.

AM Group Holdings's Days Payable declined from Dec. 2022 (205.38) to Dec. 2023 (201.05). It may suggest that AM Group Holdings accelerated paying its suppliers.

AM Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for AM Group 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.

AM Group Holdings Days Payable Chart

AM Group Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial 57.33 54.84 73.45 170.41 150.56

AM Group Holdings Semi-Annual Data
Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 85.20 226.24 205.38 166.51 201.05

HKSE:01849 vs OMC, IPG, ZD: Days Payable Comparison

For the Advertising Agencies subindustry, AM Group 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.

AM Group Holdings Days Payable vs Media - Diversified Industry

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

* The bar in red indicates where AM Group Holdings's Days Payable falls into.


AM Group 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.

AM Group Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (98.416 + 70.114) / 2 ) / 204.285*365
=84.265 / 204.285*365
=150.56

AM Group 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
=( (70.114 + 76.972) / 2 ) / 66.759*365 / 2
=73.543 / 66.759*365 / 2
=201.05

* 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 201.05 mean?
AM Group Holdings (HKSE:01849) has a Days Payable of 201.05 as of Dec. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on AM Group Holdings and its competitors.
Is AM Group Holdings' Days Payable too high?
AM Group Holdings' current Days Payable is 201.05. The Media - Diversified industry median Days Payable is 82.48. AM Group Holdings' value of 201.05 is 143.8% above this industry median.
How does AM Group Holdings' Days Payable compare to OMC and IPG?
AM Group Holdings' Days Payable of 201.05 can be compared against companies in the Media - Diversified industry. The industry median Days Payable is 82.48. AM Group Holdings' value of 201.05 is 143.8% 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 82.48, based on 912 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. AM Group Holdings's current Days Payable of 201.05 is 143.8% 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 AM Group Holdings and its competitors. For the Media - Diversified industry, the median Days Payable is 82.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AM Group Holdings's current Days Payable is 201.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AM Group Holdings stock overvalued right now?
AM Group Holdings (HKSE:01849) has a current Days Payable of 201.05. The current Days Payable is 201.05 and 143.8% above the Media - Diversified industry median of 82.48. 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 AM Group Holdings (HKSE:01849), the current Days Payable is 201.05 as of Dec. 2023. 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.

AM Group Holdings Business Description

Address 60 Paya Lebar Road, No.12 - 51/52, Paya Lebar Square, Singapore City, SGP, 409051
AM Group Holdings Ltd is engaged in providing online marketing services in Singapore. The company's segment consists of Search engine marketing services, Creative and technology services, Social media marketing services, and Online e-commerce platform operations. The company generates the majority of its revenue from the Online e-commerce platform operation segment which is engaged in technical services, commission for transaction proceeds, and marketing services on the online e-commerce platform in the PRC.