Xuan Wu Cloud Technology Holdings (HKSE:02392) Days Payable : 16.16 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Xuan Wu Cloud Technology Holdings Days Payable?

Xuan Wu Cloud Technology Holdings's average Accounts Payable for the six months ended in Dec. 2023 was HK$63 Mil. Xuan Wu Cloud Technology Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$708 Mil. Hence, Xuan Wu Cloud Technology Holdings's Days Payable for the six months ended in Dec. 2023 was 16.16.

The historical rank and industry rank for Xuan Wu Cloud Technology Holdings's Days Payable or its related term are showing as below:

HKSE:02392' s Days Payable Range Over the Past 10 Years
Min: 18.73 Med: 34.26 Max: 41.95
Current: 18.73

During the past 6 years, Xuan Wu Cloud Technology Holdings's highest Days Payable was 41.95. The lowest was 18.73. And the median was 34.26.

HKSE:02392's Days Payable is ranked worse than
81.32% of 2527 companies
in the Software industry
Industry Median: 50.54 vs HKSE:02392: 18.73

Xuan Wu Cloud Technology Holdings's Days Payable declined from Dec. 2022 (21.85) to Dec. 2023 (16.16). It may suggest that Xuan Wu Cloud Technology Holdings accelerated paying its suppliers.

Xuan Wu Cloud Technology Holdings Days Payable Historical Data

The historical data trend for Xuan Wu Cloud Technology Holdings'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.

Xuan Wu Cloud Technology Holdings Days Payable Chart

Xuan Wu Cloud Technology Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

29.59

34.65

41.95

34.21

19.59

Xuan Wu Cloud Technology Holdings Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial				39.81	42.94	21.85	21.53	16.16

Competitive Comparison of Xuan Wu Cloud Technology Holdings's Days Payable

For the Software - Application subindustry, Xuan Wu Cloud Technology Holdings'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.

Xuan Wu Cloud Technology Holdings's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Xuan Wu Cloud Technology Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Xuan Wu Cloud Technology Holdings's Days Payable falls into.

Xuan Wu Cloud Technology Holdings 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.

Xuan Wu Cloud Technology Holdings'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
=	( (55.931	+	70.481)	/	2 )	/	1177.592	*	365
=	63.206					/	1177.592	*	365
=	19.59

Xuan Wu Cloud Technology Holdings'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
=	( (54.88	+	70.481)	/	2 )	/	707.975	*	365 / 2
=	62.6805					/	707.975	*	365 / 2
=	16.16

Xuan Wu Cloud Technology Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Xuan Wu Cloud Technology Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Xuan Wu Cloud Technology Holdings (HKSE:02392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xuan Wu Cloud Technology Holdings Ltd (HKSE:02392) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Haizhou Road, Room 904, 9th Floor, Haizhu District, Guangdong Province, Guangzhou, CHN

Website

https://www.wxchina.com

Xuan Wu Cloud Technology Holdings Ltd is an intelligent CRM services provider, providing CRM PaaS services and CRM SaaS services to clients. its CRM PaaS services mainly provide cPaaS to encapsulate messaging communication capabilities of the three telecommunication network operators for the customers to be integrated into the customer's business systems, thereby enabling the customers to access and utilize the communication capabilities as a service, and CRM SaaS services comprise of marketing cloud, sales cloud, and service cloud, which enable the Group to provide the customer with one-stop intelligent CRM services throughout their entire business cycle, from initial marketing to aftersales services.

Xuan Wu Cloud Technology Holdings (HKSE:02392) Headlines

No Headlines