TOM Group (HKSE:02383) Days Payable : 84.85 (As of Dec. 2023)

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What is TOM Group Days Payable?

TOM Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$110.3 Mil. TOM Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$237.2 Mil. Hence, TOM Group's Days Payable for the six months ended in Dec. 2023 was 84.85.

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

HKSE:02383' s Days Payable Range Over the Past 10 Years
Min: 61.5 Med: 91.38 Max: 98.3
Current: 88.81

During the past 13 years, TOM Group's highest Days Payable was 98.30. The lowest was 61.50. And the median was 91.38.

HKSE:02383's Days Payable is ranked better than
53.2% of 921 companies
in the Media - Diversified industry
Industry Median: 79.27 vs HKSE:02383: 88.81

TOM Group's Days Payable increased from Dec. 2022 (84.22) to Dec. 2023 (84.85). It may suggest that TOM Group delayed paying its suppliers.

TOM Group Days Payable Historical Data

The historical data trend for TOM Group'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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TOM Group Days Payable Chart

TOM Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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93.45

98.30

96.33

93.82

89.30

TOM Group Semi-Annual Data
	Jun14	Dec14	Jun15	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															82.91	93.29	84.22	92.51	84.85

Competitive Comparison of TOM Group's Days Payable

For the Publishing subindustry, TOM Group'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.

TOM Group's Days Payable Distribution in the Media - Diversified Industry

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

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

TOM Group 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.

TOM Group'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
=	( (115.69	+	109.707)	/	2 )	/	460.663	*	365
=	112.6985					/	460.663	*	365
=	89.30

TOM Group'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
=	( (110.856	+	109.707)	/	2 )	/	237.2	*	365 / 2
=	110.2815					/	237.2	*	365 / 2
=	84.85

TOM Group Days Payable Related Terms

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TOM Group (HKSE:02383) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TOM Group Ltd (HKSE:02383) » Definitions » Days Payable

Traded in Other Exchanges

TOCOF:USA

Address

26 Harbour Road, Rooms 1601-05, 16th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.tomgroup.com

TOM Group Ltd is a Chinese media conglomerate with the following operating segments. E-Commerce Group, Mobile Internet Group, Social Network Group, Publishing Group, and Advertising group. The majority is from the Publishing segment which includes magazine and book publishing and circulation, sales of advertising and other related product, and produces books and magazines around Taiwan and China. The Group has two divisions, Technology platform & investments, which include E-commerce, Mobile Internet, and Social network; Media Business, which includes Advertising and Publishing, out of which the majority is from the Media business. Geographically Hong Kong, Mainland China, Taiwan & other Asian country, the majority is from Taiwan & another Asian country.

Executives

Ck Hutchison Holdings Limited

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