MOG Digitech Holdings (HKSE:01942) Days Payable : 115.71 (As of Sep. 2022)

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What is MOG Digitech Holdings Days Payable?

MOG Digitech Holdings's average Accounts Payable for the six months ended in Sep. 2022 was HK$162.9 Mil. MOG Digitech Holdings's Cost of Goods Sold for the six months ended in Sep. 2022 was HK$257.0 Mil. Hence, MOG Digitech Holdings's Days Payable for the six months ended in Sep. 2022 was 115.71.

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

HKSE:01942's Days Payable is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 72.79
* Ranked among companies with meaningful Days Payable only.

MOG Digitech Holdings's Days Payable increased from Sep. 2021 (68.28) to Sep. 2022 (115.71). It may suggest that MOG Digitech Holdings delayed paying its suppliers.

MOG Digitech Holdings Days Payable Historical Data

The historical data trend for MOG Digitech 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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MOG Digitech Holdings Days Payable Chart

MOG Digitech Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Days Payable

100.74

97.79

87.51

74.33

91.37

MOG Digitech Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Days Payable	Get a 7-Day Free Trial						144.56	118.36	68.28	97.40	115.71

Competitive Comparison of MOG Digitech Holdings's Days Payable

For the Medical Instruments & Supplies subindustry, MOG Digitech 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.

MOG Digitech Holdings's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MOG Digitech Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where MOG Digitech Holdings's Days Payable falls into.

MOG Digitech 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.

MOG Digitech Holdings's Days Payable for the fiscal year that ended in Mar. 2021 is calculated as

	Days Payable (A: Mar. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2020 )	+	Accounts Payable (A: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2021 )	*	Days in Period
=	( (20.453	+	8.308)	/	2 )	/	57.444	*	365
=	14.3805					/	57.444	*	365
=	91.37

MOG Digitech Holdings's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

	Days Payable (Q: Sep. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
=	( (287.314	+	38.534)	/	2 )	/	256.958	*	365 / 2
=	162.924					/	256.958	*	365 / 2
=	115.71

MOG Digitech Holdings Days Payable Related Terms

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MOG Digitech Holdings (HKSE:01942) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MOG Digitech Holdings Ltd (HKSE:01942) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8655, 9 Shihua East Road, 84 Western Style Villa, Guangdong, Zhuhai, CHN, 519015

Website

https://www.mogglobal.com

MOG Digitech Holdings Ltd is an investment holding company. It offers a wide range of optical products including lenses, frames, contact lenses, and sunglasses from international brands. Its operating segment includes Digital retail payment solutions hardware trading business, Sales of optical products, Franchise and license management, E-commerce, and Financing services. The company generates the majority of its revenue from the Digital retail payment solutions hardware trading business.

MOG Digitech Holdings (HKSE:01942) Headlines

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