eBroker Group (HKSE:08036) Days Payable : 4.32 (As of Dec. 2023)

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What is eBroker Group Days Payable?

eBroker Group's average Accounts Payable for the three months ended in Dec. 2023 was HK$0.29 Mil. eBroker Group's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$6.05 Mil. Hence, eBroker Group's Days Payable for the three months ended in Dec. 2023 was 4.32.

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

HKSE:08036' s Days Payable Range Over the Past 10 Years
Min: 4.62 Med: 5.62 Max: 6.89
Current: 4.85

During the past 8 years, eBroker Group's highest Days Payable was 6.89. The lowest was 4.62. And the median was 5.62.

HKSE:08036's Days Payable is ranked worse than
96.16% of 2523 companies
in the Software industry
Industry Median: 49.74 vs HKSE:08036: 4.85

eBroker Group's Days Payable declined from Dec. 2022 (5.69) to Dec. 2023 (4.32). It may suggest that eBroker Group accelerated paying its suppliers.

eBroker Group Days Payable Historical Data

The historical data trend for eBroker 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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eBroker Group Days Payable Chart

eBroker Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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6.89

5.67

4.62

5.56

5.30

eBroker Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															5.69	6.81	3.80	3.73	4.32

Competitive Comparison of eBroker Group's Days Payable

For the Software - Application subindustry, eBroker 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.

eBroker Group's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, eBroker Group's Days Payable distribution charts can be found below:

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

eBroker 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.

eBroker 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
=	( (0.452	+	0.286)	/	2 )	/	25.427	*	365
=	0.369					/	25.427	*	365
=	5.30

eBroker 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0.286)	/	1 )	/	6.048	*	365 / 4
=	0.286					/	6.048	*	365 / 4
=	4.32

eBroker Group Days Payable Related Terms

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eBroker Group (HKSE:08036) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » eBroker Group Ltd (HKSE:08036) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Canton Road, Tsim Sha Tsui, World Finance Centre, Suites 1410-11, 14th Floor, North Tower, Kowloon, Hong Kong, HKG

Website

http://www.ebrokersystems.com

eBroker Group Limited is an investment holding company mainly engaged in the development and supply of financial software solutions. The Company provides financial software solutions to financial institutions. The Company mainly provides front-office solution services, back-office solution services, software and hardware installation and customization services, and cloud management services. The front office solutions are used for front office operations, including trading execution, fund management, credit control, risk management, and cyber security services. The back office solutions are used for back office settlement operations, including clearing and settlement of trading orders, portfolio risk reporting, and colocation services.

Executives

Eagle Business Consulting Limited	2101 Beneficial owner
Good Steward Foundation Limited	2201 Interest of corporation controlled by you
Bank Of Communications Trustee Limited	2301 Trustee
Quantsmile (bvi) Limited	2101 Beneficial owner
Financial Data Technologies Limited	2101 Beneficial owner
Nie Lehui	2201 Interest of corporation controlled by you

eBroker Group (HKSE:08036) Headlines

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