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Television Broadcasts (Television Broadcasts) Days Payable : 40.99 (As of Dec. 2023)


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What is Television Broadcasts Days Payable?

Television Broadcasts's average Accounts Payable for the six months ended in Dec. 2023 was $32.7 Mil. Television Broadcasts's Cost of Goods Sold for the six months ended in Dec. 2023 was $145.8 Mil. Hence, Television Broadcasts's Days Payable for the six months ended in Dec. 2023 was 40.99.

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

TVBCF' s Days Payable Range Over the Past 10 Years
Min: 16.47   Med: 23.89   Max: 41.76
Current: 41.76

During the past 13 years, Television Broadcasts's highest Days Payable was 41.76. The lowest was 16.47. And the median was 23.89.

TVBCF's Days Payable is ranked worse than
70.51% of 929 companies
in the Media - Diversified industry
Industry Median: 79.52 vs TVBCF: 41.76

Television Broadcasts's Days Payable increased from Dec. 2022 (37.38) to Dec. 2023 (40.99). It may suggest that Television Broadcasts delayed paying its suppliers.


Television Broadcasts Days Payable Historical Data

The historical data trend for Television Broadcasts'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.

Television Broadcasts Days Payable Chart

Television Broadcasts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.45 22.30 27.47 32.32 40.67

Television Broadcasts Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 19.83 31.85 37.38 43.72 40.99

Competitive Comparison of Television Broadcasts's Days Payable

For the Broadcasting subindustry, Television Broadcasts'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.


Television Broadcasts's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Television Broadcasts's Days Payable falls into.



Television Broadcasts 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.

Television Broadcasts'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
=( (35.564 + 30.051) / 2 ) / 294.437*365
=32.8075 / 294.437*365
=40.67

Television Broadcasts'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (35.443 + 30.051) / 2 ) / 145.783*365 / 2
=32.747 / 145.783*365 / 2
=40.99

* 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.


Television Broadcasts Days Payable Related Terms

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Television Broadcasts (Television Broadcasts) Business Description

Traded in Other Exchanges
Address
TVB City, 77 Chun Choi Street, Tseung Kwan O Industrial Estate, Kowloon, Hong Kong, HKG
Television Broadcasts Ltd is a Hong Kong-based company whose activities involve terrestrial television broadcasting, together with programme production and other television-related activities. Its operating segments include Hong Kong TV broadcasting; OTT Streaming; e-Commerce business; Mainland China operations and International operations. The company derives a majority of revenue from the Hong Kong TV broadcasting segment involving the broadcasting of television programmes, commercials on terrestrial TV platforms, production of programmes, online social media platform, music entertainment, event and digital marketing. The group derives revenue from Hong Kong and other countries, of which prime revenue is derived from Hong Kong.

Television Broadcasts (Television Broadcasts) Headlines

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