GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Digital Group Ltd (NAS:SDM) » Definitions » Days Payable

SDM (Smart Digital Group) Days Payable : 113.96 (As of Sep. 2024)


View and export this data going back to 2025. Start your Free Trial

What is Smart Digital Group Days Payable?

Smart Digital Group's average Accounts Payable for the six months ended in Sep. 2024 was $7.28 Mil. Smart Digital Group's Cost of Goods Sold for the six months ended in Sep. 2024 was $11.66 Mil. Hence, Smart Digital Group's Days Payable for the six months ended in Sep. 2024 was 113.96.

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

SDM' s Days Payable Range Over the Past 10 Years
Min: 124.48   Med: 193.79   Max: 238.51
Current: 124.48

During the past 2 years, Smart Digital Group's highest Days Payable was 238.51. The lowest was 124.48. And the median was 193.79.

SDM's Days Payable is ranked better than
61.22% of 936 companies
in the Media - Diversified industry
Industry Median: 90.19 vs SDM: 124.48

Smart Digital Group's Days Payable declined from Sep. 2023 (154.72) to Sep. 2024 (113.96). It may suggest that Smart Digital Group accelerated paying its suppliers.

Smart Digital Group Days Payable Historical Data

The historical data trend for Smart Digital 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.

* Premium members only.

Smart Digital Group Days Payable Chart

Smart Digital Group Annual Data
Trend Sep22 Sep23
Days Payable
238.51 149.07

Smart Digital Group Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24
Days Payable - 126.55 154.72 182.26 113.96

Competitive Comparison of Smart Digital Group's Days Payable

For the Advertising Agencies subindustry, Smart Digital 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.

Smart Digital Group's Days Payable Distribution in the Media - Diversified Industry

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

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


;
;

Smart Digital 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.

Smart Digital Group's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0.907 + 4.395) / 2 ) / 6.491*365
=2.651 / 6.491*365
=149.07

Smart Digital Group's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (9.325 + 5.24) / 2 ) / 11.662*365 / 2
=7.2825 / 11.662*365 / 2
=113.96

* 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.

Smart Digital Group Days Payable Related Terms

Thank you for viewing the detailed overview of Smart Digital Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Smart Digital Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Digital Group Ltd (NAS:SDM) » Definitions » Days Payable
Comparable Companies
EVC EDHL HFUS TSQ MCHX CDLX KARX QMMM TZUP ABLV TSE:3978 APP TTD XPAR:PUB SZSE:002027 OMC IPG LSE:WPP TSE:4324 TSE:4751
Traded in Other Exchanges
N/A
Address
150 Beach Road, 805/06 Gateway West, Singapore, SGP, 189720
Website
http://www.smdmeta.com
Smart Digital Group Ltd is a holding company and operates through subsidiaries. It is engaged in event planning and execution services. The company services include (1) event planning and execution services (2) internet media services, (3) software customization and marketing services, and (4) business planning and consulting services. Company generates key revenue from internet media services which include developing marketing strategies, designing marketing content, distributing such marketing content on select internet platforms and other related services.