Kuaishou Technology (HKSE:01024) Days Payable : 129.90 (As of Dec. 2023)

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What is Kuaishou Technology Days Payable?

Kuaishou Technology's average Accounts Payable for the three months ended in Dec. 2023 was HK$23,775 Mil. Kuaishou Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$16,701 Mil. Hence, Kuaishou Technology's Days Payable for the three months ended in Dec. 2023 was 129.90.

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

HKSE:01024' s Days Payable Range Over the Past 10 Years
Min: 49.17 Med: 114.85 Max: 157.15
Current: 137.57

During the past 7 years, Kuaishou Technology's highest Days Payable was 157.15. The lowest was 49.17. And the median was 114.85.

HKSE:01024's Days Payable is ranked better than
71.72% of 435 companies
in the Interactive Media industry
Industry Median: 60.83 vs HKSE:01024: 137.57

Kuaishou Technology's Days Payable increased from Dec. 2022 (120.92) to Dec. 2023 (129.90). It may suggest that Kuaishou Technology delayed paying its suppliers.

Kuaishou Technology Days Payable Historical Data

The historical data trend for Kuaishou 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.

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Kuaishou Technology Days Payable Chart

Kuaishou Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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81.14

104.63

121.01

157.15

152.79

Kuaishou Technology Quarterly Data
	Dec17	Dec18	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															120.92	139.77	130.24	136.37	129.90

Competitive Comparison of Kuaishou Technology's Days Payable

For the Internet Content & Information subindustry, Kuaishou 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.

Kuaishou Technology's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kuaishou Technology's Days Payable distribution charts can be found below:

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

Kuaishou 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.

Kuaishou Technology'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
=	( (25537.032	+	25814.275)	/	2 )	/	61338.026	*	365
=	25675.6535					/	61338.026	*	365
=	152.79

Kuaishou Technology'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
=	( (21736.239	+	25814.275)	/	2 )	/	16700.91	*	365 / 4
=	23775.257					/	16700.91	*	365 / 4
=	129.90

Kuaishou Technology Days Payable Related Terms

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Kuaishou Technology (HKSE:01024) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Kuaishou Technology (HKSE:01024) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KSHTY:USA KUASF:USA 5Y0:Germany 5Y0:Germany

Address

No. 6, Shangdi West Road, Building 1, Haidian District, Beijing, CHN, 100085

Website

https://www.kuaishou.com

Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

Kuaishou Technology (HKSE:01024) Headlines

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