Brightstar Technology Group Co (HKSE:08446) Days Payable : 0.10 (As of Dec. 2023)

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What is Brightstar Technology Group Co Days Payable?

Brightstar Technology Group Co's average Accounts Payable for the three months ended in Dec. 2023 was HK$0.03 Mil. Brightstar Technology Group Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$31.15 Mil. Hence, Brightstar Technology Group Co's Days Payable for the three months ended in Dec. 2023 was 0.10.

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

HKSE:08446' s Days Payable Range Over the Past 10 Years
Min: 0.17 Med: 174.16 Max: 366.56
Current: 0.17

During the past 9 years, Brightstar Technology Group Co's highest Days Payable was 366.56. The lowest was 0.17. And the median was 174.16.

HKSE:08446's Days Payable is ranked worse than
100% of 923 companies
in the Media - Diversified industry
Industry Median: 81.72 vs HKSE:08446: 0.17

Brightstar Technology Group Co's Days Payable declined from Nov. 2022 (1.03) to Dec. 2023 (0.10). It may suggest that Brightstar Technology Group Co accelerated paying its suppliers.

Brightstar Technology Group Co Days Payable Historical Data

The historical data trend for Brightstar Technology Group 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.

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Brightstar Technology Group Co Days Payable Chart

Brightstar Technology Group Co Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

Dec23

Days Payable

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0.17

Brightstar Technology Group Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															1.03	-	0.26	0.18	0.10

Competitive Comparison of Brightstar Technology Group Co's Days Payable

For the Entertainment subindustry, Brightstar Technology Group 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.

Brightstar Technology Group Co's Days Payable Distribution in the Media - Diversified Industry

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

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

Brightstar Technology Group 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.

Brightstar Technology Group 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: May. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0.033)	/	1 )	/	69.103	*	365
=	0.033					/	69.103	*	365
=	0.17

Brightstar Technology Group Co'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	+	0.033)	/	1 )	/	31.149	*	365 / 4
=	0.033					/	31.149	*	365 / 4
=	0.10

Brightstar Technology Group Co Days Payable Related Terms

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Brightstar Technology Group Co (HKSE:08446) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brightstar Technology Group Co Ltd (HKSE:08446) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

6 Wing Yip Street, Hoi Bun Industrial Building, Unit D2, 5th Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.intechproductions.com

Brightstar Technology Group Co Ltd Formerly In Technical Productions Holdings Ltd is a visual display solution services and information technology consulting services. The company produces image processors, LED, large screen projectors, and other products. It is principally engaged in the provision of visual display solution services for pop concerts, corporate events, and exhibitions in Hong Kong, Macau, and the Greater China region. Information technology consulting services segment is engaged in one-stop technical consulting services and solutions for e-commerce business platforms; and the metaverse technology business.

Executives

Ma Lie	2201 Interest of corporation controlled by you
St Ma Ltd	2101 Beneficial owner
Yuanyu Enterprise Management Co., Limited	2101 Beneficial owner
Zhou Hongyu	2201 Interest of corporation controlled by you
Next Vision Management Limited	2101 Beneficial owner
Yeung Ho Ting Dennis	2201 Interest of corporation controlled by you
Ma Lie	2201 Interest of corporation controlled by you
Mo Suyun	2201 Interest of corporation controlled by you
Zhongsheng Asset Management Co., Limited	2101 Beneficial owner

Brightstar Technology Group Co (HKSE:08446) Headlines

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