Noah Holdings (Noah Holdings) Days Payable : 31.70 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Noah Holdings Days Payable?

Noah Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $14.6 Mil. Noah Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $42.1 Mil. Hence, Noah Holdings's Days Payable for the three months ended in Dec. 2023 was 31.70.

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

NOAH' s Days Payable Range Over the Past 10 Years
Min: 10.42 Med: 26.37 Max: 28.12
Current: 28.05

During the past 13 years, Noah Holdings's highest Days Payable was 28.12. The lowest was 10.42. And the median was 26.37.

NOAH's Days Payable is ranked worse than
74.52% of 467 companies
in the Asset Management industry
Industry Median: 69.15 vs NOAH: 28.05

Noah Holdings's Days Payable increased from Dec. 2022 (27.90) to Dec. 2023 (31.70). It may suggest that Noah Holdings delayed paying its suppliers.

Noah Holdings Days Payable Historical Data

The historical data trend for Noah 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.

Noah Holdings Days Payable Chart

Noah Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.99

10.42

24.75

28.12

Noah Holdings Quarterly Data
	Mar19	Jun19	Sep19	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															27.90	28.55	-	-	31.70

Competitive Comparison of Noah Holdings's Days Payable

For the Asset Management subindustry, Noah 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.

Noah Holdings's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Noah Holdings's Days Payable distribution charts can be found below:

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

Noah 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.

Noah 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
=	( (16.803	+	14.633)	/	2 )	/	204.021	*	365
=	15.718					/	204.021	*	365
=	28.12

Noah 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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	14.633)	/	1 )	/	42.121	*	365 / 4
=	14.633					/	42.121	*	365 / 4
=	31.70

Noah Holdings Days Payable Related Terms

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

Noah Holdings (Noah Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Noah Holdings Ltd (NYSE:NOAH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

06686:Hong Kong 6NO:Germany

Address

1687 Changyang Road, Changyang Valley, Building 2, Shanghai, CHN, 200090

Website

https://ir.noahgroup.com

Noah Holdings Ltd is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consisting of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Majority of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.