GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medlive Technology Co Ltd (HKSE:02192) » Definitions » Days Payable

Medlive Technology Co (HKSE:02192) Days Payable : 23.85 (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Medlive Technology Co Days Payable?

Medlive Technology Co's average Accounts Payable for the six months ended in Jun. 2024 was HK$13.5 Mil. Medlive Technology Co's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$103.5 Mil. Hence, Medlive Technology Co's Days Payable for the six months ended in Jun. 2024 was 23.85.

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

HKSE:02192' s Days Payable Range Over the Past 10 Years
Min: 17.16   Med: 23.91   Max: 27.83
Current: 18.48

During the past 6 years, Medlive Technology Co's highest Days Payable was 27.83. The lowest was 17.16. And the median was 23.91.

HKSE:02192's Days Payable is ranked worse than
85.02% of 594 companies
in the Healthcare Providers & Services industry
Industry Median: 58.665 vs HKSE:02192: 18.48

Medlive Technology Co's Days Payable increased from Jun. 2023 (8.61) to Jun. 2024 (23.85). It may suggest that Medlive Technology Co delayed paying its suppliers.


Medlive Technology Co Days Payable Historical Data

The historical data trend for Medlive Technology Co'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.

* Premium members only.

Medlive Technology Co Days Payable Chart

Medlive Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 21.14 27.83 26.78 17.16 19.92

Medlive Technology Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 22.03 9.34 8.61 18.22 23.85

Competitive Comparison of Medlive Technology Co's Days Payable

For the Health Information Services subindustry, Medlive Technology Co'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.


Medlive Technology Co's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medlive Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Medlive Technology Co's Days Payable falls into.



Medlive Technology Co 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.

Medlive Technology Co'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
=( (3.025 + 16.156) / 2 ) / 175.736*365
=9.5905 / 175.736*365
=19.92

Medlive Technology Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (16.156 + 10.883) / 2 ) / 103.471*365 / 2
=13.5195 / 103.471*365 / 2
=23.85

* 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.


Medlive Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Medlive Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Medlive Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Baijialou Chaoyang North Road, E1 Red Manor International Bonded Innovation Park, Chaoyang District, Beijing, CHN
Medlive is a digital healthcare marketing company that produces customized content for pharmaceutical and medical device firms to specifically target physicians through different promotional channels. The company uses in-house and third-party content teams to produce advertising for its clients by profiling the user preferences of the physicians who make procurement and prescription decisions. Its platform also provides medical content consisting of third-party research, informal discussions, and medical news articles. The company also operates a minor internet hospital and SaaS solution that help with medical conferences and clinical research. M3, Japan's leading digital healthcare marketing company owns 38.8% of Medlive through a joint venture.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
M3, Inc. 2101 Beneficial owner
Sony Group Corporation 2201 Interest of corporation controlled by you
Tian Liping
Zhang Xiaofeng 2101 Beneficial owner
Liu Lingdi 2101 Beneficial owner
Tian Lixin 2101 Beneficial owner
Brown Brothers Harriman & Co. 2502 Approved lending agent
Fidelity Funds 2101 Beneficial owner
Tiantian Co., Limited

Medlive Technology Co Headlines

No Headlines