ZW Data Action Technologies (LTS:0HXO) Days Payable : 1.99 (As of Sep. 2023)

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What is ZW Data Action Technologies Days Payable?

ZW Data Action Technologies's average Accounts Payable for the three months ended in Sep. 2023 was $0.20 Mil. ZW Data Action Technologies's Cost of Goods Sold for the three months ended in Sep. 2023 was $9.19 Mil. Hence, ZW Data Action Technologies's Days Payable for the three months ended in Sep. 2023 was 1.99.

The historical rank and industry rank for ZW Data Action Technologies's Days Payable or its related term are showing as below:

LTS:0HXO' s Days Payable Range Over the Past 10 Years
Min: 1.33 Med: 6.8 Max: 19.07
Current: 2.64

During the past 13 years, ZW Data Action Technologies's highest Days Payable was 19.07. The lowest was 1.33. And the median was 6.80.

LTS:0HXO's Days Payable is ranked worse than
98.49% of 925 companies
in the Media - Diversified industry
Industry Median: 79.7 vs LTS:0HXO: 2.64

ZW Data Action Technologies's Days Payable declined from Sep. 2022 (5.29) to Sep. 2023 (1.99). It may suggest that ZW Data Action Technologies accelerated paying its suppliers.

ZW Data Action Technologies Days Payable Historical Data

The historical data trend for ZW Data Action Technologies'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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ZW Data Action Technologies Days Payable Chart

ZW Data Action Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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19.07

11.37

4.91

6.67

9.14

ZW Data Action Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															5.29	4.75	2.91	1.94	1.99

Competitive Comparison of ZW Data Action Technologies's Days Payable

For the Advertising Agencies subindustry, ZW Data Action Technologies'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.

ZW Data Action Technologies's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ZW Data Action Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where ZW Data Action Technologies's Days Payable falls into.

ZW Data Action Technologies 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.

ZW Data Action Technologies's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.119	+	0.205)	/	2 )	/	26.429	*	365
=	0.662					/	26.429	*	365
=	9.14

ZW Data Action Technologies's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.204	+	0.196)	/	2 )	/	9.185	*	365 / 4
=	0.2					/	9.185	*	365 / 4
=	1.99

ZW Data Action Technologies Days Payable Related Terms

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ZW Data Action Technologies (LTS:0HXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ZW Data Action Technologies Inc (LTS:0HXO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CNET:USA

Address

No. 2 Fengfu Road, Room 1811, Xinghuo Keji Plaza, Fengtai District, Beijing, CHN, 100195

Website

https://www.zdat.com

ZW Data Action Technologies Inc is engaged in providing Internet advertising, precision marketing, e-commerce online to offline (O2O) advertising and marketing services as well as the related data and technical services to small and medium enterprises in the PRC. It offers a variety channels of advertising and marketing services through its system, including distribution of the right to use search engine marketing services, provision of online advertising placements on its web portals, provision of ecommerce O2O advertising and marketing services and provision of other related value-added data and technical services to maximize market exposure and effectiveness for clients.

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