ISP Global (HKSE:08487) Days Payable : 79.71 (As of Dec. 2023)

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What is ISP Global Days Payable?

ISP Global's average Accounts Payable for the three months ended in Dec. 2023 was HK$32.5 Mil. ISP Global's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$37.2 Mil. Hence, ISP Global's Days Payable for the three months ended in Dec. 2023 was 79.71.

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

HKSE:08487' s Days Payable Range Over the Past 10 Years
Min: 22.45 Med: 51.5 Max: 225.6
Current: 105.65

During the past 8 years, ISP Global's highest Days Payable was 225.60. The lowest was 22.45. And the median was 51.50.

HKSE:08487's Days Payable is ranked better than
72.84% of 2426 companies
in the Hardware industry
Industry Median: 68.08 vs HKSE:08487: 105.65

ISP Global's Days Payable declined from Dec. 2022 (204.77) to Dec. 2023 (79.71). It may suggest that ISP Global accelerated paying its suppliers.

ISP Global Days Payable Historical Data

The historical data trend for ISP Global'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.

ISP Global Days Payable Chart

ISP Global Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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31.27

22.45

225.60

152.80

54.12

ISP Global 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															204.77	179.86	40.87	51.99	79.71

Competitive Comparison of ISP Global's Days Payable

For the Communication Equipment subindustry, ISP Global'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.

ISP Global's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ISP Global's Days Payable distribution charts can be found below:

* The bar in red indicates where ISP Global's Days Payable falls into.

ISP Global 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.

ISP Global'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
=	( (29.01	+	21.486)	/	2 )	/	170.287	*	365
=	25.248					/	170.287	*	365
=	54.12

ISP Global'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	+	32.506)	/	1 )	/	37.211	*	365 / 4
=	32.506					/	37.211	*	365 / 4
=	79.71

ISP Global Days Payable Related Terms

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ISP Global (HKSE:08487) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ISP Global Ltd (HKSE:08487) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

43/F., Central Plaza, Suite 4302, 18 Harbour Road, Wanchai, Hong Kong, HKG

Website

http://www.ispg.hk

ISP Global Ltd is a sound and communication services provider in Singapore. The company is engaged in the sale of sound and communication systems and related services; integrated services of sound and communication systems, with a focus on design, customization, and installation of sound and communication systems in buildings and alert alarm system services. The Group has two major business segments: (i) e-commerce operation; and (ii) sale and provision of integrated services of networking, sound and communication systems. The firm's revenue is mainly derived from Mainland China.

Executives

Cao Chunmeng	2101 Beneficial owner
Yau Chong Wa	2101 Beneficial owner
Yau Siu Yuk	2202 Interest of your spouse
Lux Aeterna Global Fund Spc - Lux Aeterna Asia Credit Opportunities Sp	2101 Beneficial owner
Li Chao	2106 Person having a security interest in shares
Cai Linzhou	2101 Beneficial owner

ISP Global (HKSE:08487) Headlines

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