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Million Stars Holdings (HKSE:08093) Days Payable : 20.33 (As of Dec. 2023)


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What is Million Stars Holdings Days Payable?

Million Stars Holdings's average Accounts Payable for the three months ended in Dec. 2023 was HK$12.7 Mil. Million Stars Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$57.0 Mil. Hence, Million Stars Holdings's Days Payable for the three months ended in Dec. 2023 was 20.33.

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

HKSE:08093' s Days Payable Range Over the Past 10 Years
Min: 12.42   Med: 29.88   Max: 129.98
Current: 40.96

During the past 10 years, Million Stars Holdings's highest Days Payable was 129.98. The lowest was 12.42. And the median was 29.88.

HKSE:08093's Days Payable is ranked worse than
70.82% of 922 companies
in the Media - Diversified industry
Industry Median: 79.49 vs HKSE:08093: 40.96

Million Stars Holdings's Days Payable declined from Dec. 2022 (78.98) to Dec. 2023 (20.33). It may suggest that Million Stars Holdings accelerated paying its suppliers.


Million Stars Holdings Days Payable Historical Data

The historical data trend for Million Stars 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.

* Premium members only.

Million Stars Holdings Days Payable Chart

Million Stars Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.62 27.66 32.10 57.98 129.98

Million Stars Holdings 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 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 78.98 23.35 98.93 61.19 20.33

Competitive Comparison of Million Stars Holdings's Days Payable

For the Advertising Agencies subindustry, Million Stars 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.


Million Stars Holdings's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Million Stars Holdings's Days Payable falls into.



Million Stars 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.

Million Stars Holdings's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (6.572 + 44.899) / 2 ) / 72.268*365
=25.7355 / 72.268*365
=129.98

Million Stars Holdings'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 + 12.695) / 1 ) / 56.979*365 / 4
=12.695 / 56.979*365 / 4
=20.33

* 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.


Million Stars Holdings Days Payable Related Terms

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Million Stars Holdings (HKSE:08093) Business Description

Traded in Other Exchanges
N/A
Address
100 Granville Road, Room 702 A&B, 7th Floor, Harbour Crystal Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Million Stars Holdings Ltd is an investment holding company. The company's operating segment includes Internet advertising agency services, Digitalization empowerment platform business. It generates maximum revenue from the Internet advertising agency services segment.
Executives
Wu Zhongyi 2201 Interest of corporation controlled by you
Jia Heng Tai Feng You Xian Gong Si 2101 Beneficial owner
Zhou Ming 2201 Interest of corporation controlled by you
Wang Fei 2101 Beneficial owner
Zhu Yongjun 2101 Beneficial owner
Web3 Group Limited 2101 Beneficial owner
Shen Guotao 2201 Interest of corporation controlled by you
Ji Lin Sheng Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Hu Tong Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Xie Ming 2101 Beneficial owner
Yao Ligang 2201 Interest of corporation controlled by you
Shang Hai Ang Ju Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhu Yongjun 2101 Beneficial owner
Jiang Peijie 2101 Beneficial owner
Lyu Xinyuan 2101 Beneficial owner

Million Stars Holdings (HKSE:08093) Headlines

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