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Waterdrop (Waterdrop) Days Payable : 75.82 (As of Dec. 2023)


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What is Waterdrop Days Payable?

Waterdrop's average Accounts Payable for the three months ended in Dec. 2023 was $80.6 Mil. Waterdrop's Cost of Goods Sold for the three months ended in Dec. 2023 was $97.0 Mil. Hence, Waterdrop's Days Payable for the three months ended in Dec. 2023 was 75.82.

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

WDH' s Days Payable Range Over the Past 10 Years
Min: 128.5   Med: 166.89   Max: 401.25
Current: 128.5

During the past 6 years, Waterdrop's highest Days Payable was 401.25. The lowest was 128.50. And the median was 166.89.

WDH's Days Payable is ranked better than
75.51% of 49 companies
in the Insurance industry
Industry Median: 48.44 vs WDH: 128.50

Waterdrop's Days Payable increased from Dec. 2022 (75.25) to Dec. 2023 (75.82). It may suggest that Waterdrop delayed paying its suppliers.


Waterdrop Days Payable Historical Data

The historical data trend for Waterdrop'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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Waterdrop Days Payable Chart

Waterdrop Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 401.24 222.73 172.58 172.98 129.00

Waterdrop Quarterly Data
Dec18 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 75.25 190.21 150.59 166.27 75.82

Competitive Comparison of Waterdrop's Days Payable

For the Insurance - Diversified subindustry, Waterdrop'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.


Waterdrop's Days Payable Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Waterdrop's Days Payable distribution charts can be found below:

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



Waterdrop 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.

Waterdrop'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
=( (74.108 + 82.904) / 2 ) / 222.134*365
=78.506 / 222.134*365
=129.00

Waterdrop'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
=( (78.317 + 82.904) / 2 ) / 97.011*365 / 4
=80.6105 / 97.011*365 / 4
=75.82

* 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.


Waterdrop Days Payable Related Terms

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Waterdrop (Waterdrop) Business Description

Traded in Other Exchanges
Address
No. 2 Lize Zhonger Road, Block C, Wangjing Science and Technology Park, Chaoyang District, Beijing, CHN, 100102
Waterdrop Inc is a technology platform dedicated to insurance and healthcare service. It is a third-party insurance platform in China in terms of life and health insurance. It generates revenues from the PRC.