Jingbo Technology (Jingbo Technology) Days Payable : 146.47 (As of Nov. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Jingbo Technology Days Payable?

Jingbo Technology's average Accounts Payable for the three months ended in Nov. 2023 was $0.84 Mil. Jingbo Technology's Cost of Goods Sold for the three months ended in Nov. 2023 was $0.52 Mil. Hence, Jingbo Technology's Days Payable for the three months ended in Nov. 2023 was 146.47.

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

SVMB' s Days Payable Range Over the Past 10 Years
Min: 23.83 Med: 60.07 Max: 1460
Current: 96.05

During the past 9 years, Jingbo Technology's highest Days Payable was 1460.00. The lowest was 23.83. And the median was 60.07.

SVMB's Days Payable is ranked better than
68.37% of 2526 companies
in the Software industry
Industry Median: 50.42 vs SVMB: 96.05

Jingbo Technology's Days Payable increased from Nov. 2022 (0.41) to Nov. 2023 (146.47). It may suggest that Jingbo Technology delayed paying its suppliers.

Jingbo Technology Days Payable Historical Data

The historical data trend for Jingbo Technology'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.

Jingbo Technology Days Payable Chart

Jingbo Technology Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Payable

Get a 7-Day Free Trial

1,460.00

23.83

60.07

Jingbo Technology Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Payable	Get a 7-Day Free Trial															0.41	90.16	68.11	113.55	146.47

Competitive Comparison of Jingbo Technology's Days Payable

For the Software - Application subindustry, Jingbo Technology'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.

Jingbo Technology's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Jingbo Technology's Days Payable distribution charts can be found below:

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

Jingbo Technology 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.

Jingbo Technology's Days Payable for the fiscal year that ended in May. 2023 is calculated as

	Days Payable (A: May. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: May. 2022 )	+	Accounts Payable (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (0.585	+	0.775)	/	2 )	/	4.132	*	365
=	0.68					/	4.132	*	365
=	60.07

Jingbo Technology's Days Payable for the quarter that ended in Nov. 2023 is calculated as:

	Days Payable (Q: Nov. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2023 )	+	Accounts Payable (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0.778	+	0.901)	/	2 )	/	0.523	*	365 / 4
=	0.8395					/	0.523	*	365 / 4
=	146.47

Jingbo Technology Days Payable Related Terms

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

Jingbo Technology (Jingbo Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jingbo Technology Inc (OTCPK:SVMB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yinhu Street, Building B8, China Zhigu, Fuyang District, Hangzhou, Zhejiang, CHN

Website

SavMobi Technology Inc is a china based company engaged in the provision of commercial mobile technical support services.

Jingbo Technology (Jingbo Technology) Headlines

No Headlines