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Imperium Financial Group (HKSE:08029) Days Payable : 879.23 (As of Sep. 2023)


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What is Imperium Financial Group Days Payable?

Imperium Financial Group's average Accounts Payable for the three months ended in Sep. 2023 was HK$50.61 Mil. Imperium Financial Group's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$5.25 Mil. Hence, Imperium Financial Group's Days Payable for the three months ended in Sep. 2023 was 879.23.

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

HKSE:08029' s Days Payable Range Over the Past 10 Years
Min: 130.79   Med: 1375.16   Max: 9637.53
Current: 1329.97

During the past 13 years, Imperium Financial Group's highest Days Payable was 9637.53. The lowest was 130.79. And the median was 1375.16.

HKSE:08029's Days Payable is ranked better than
84.42% of 77 companies
in the Diversified Financial Services industry
Industry Median: 86.25 vs HKSE:08029: 1329.97

Imperium Financial Group's Days Payable declined from Sep. 2022 (21,569.18) to Sep. 2023 (879.23). It may suggest that Imperium Financial Group accelerated paying its suppliers.


Imperium Financial Group Days Payable Historical Data

The historical data trend for Imperium Financial 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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Imperium Financial Group Days Payable Chart

Imperium Financial Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,310.89 9,637.53 9,570.17 2,134.75 1,703.42

Imperium Financial Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21,569.18 712.44 3,178.15 43,338.47 879.23

Competitive Comparison of Imperium Financial Group's Days Payable

For the Financial Conglomerates subindustry, Imperium Financial 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.


Imperium Financial Group's Days Payable Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Imperium Financial Group's Days Payable distribution charts can be found below:

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



Imperium Financial 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.

Imperium Financial Group's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (58.887 + 57.468) / 2 ) / 12.466*365
=58.1775 / 12.466*365
=1,703.42

Imperium Financial Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 50.605) / 1 ) / 5.252*365 / 4
=50.605 / 5.252*365 / 4
=879.23

* 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.


Imperium Financial Group Days Payable Related Terms

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Imperium Financial Group (HKSE:08029) Business Description

Traded in Other Exchanges
N/A
Address
No. 181 Hoi Bun Road, Room 2603, 26th Floor, One Harbour Square, Kwun Tong, Kowloon, Hong Kong, HKG
Imperium Financial Group Ltd is a diversified financial business company. The firm operates through four major businesses, including Cryptocurrency business; Financial services; Equine services, and Properties investment operations. It generates maximum revenue from the Financial services segment. The Financial services segment includes provision of securities and futures brokerage, provision of margin financing, asset management services and custodian services to customers and engaging in money lending business.
Executives
Fresh Success Investments Limited
Cheng Ting Kong

Imperium Financial Group (HKSE:08029) Headlines

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