Ebang International Holdings (Ebang International Holdings) Days Payable : 61.57 (As of Jun. 2023)

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What is Ebang International Holdings Days Payable?

Ebang International Holdings's average Accounts Payable for the six months ended in Jun. 2023 was $1.04 Mil. Ebang International Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $3.09 Mil. Hence, Ebang International Holdings's Days Payable for the six months ended in Jun. 2023 was 61.57.

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

EBON' s Days Payable Range Over the Past 10 Years
Min: 50.5 Med: 54.06 Max: 121.6
Current: 62.34

During the past 5 years, Ebang International Holdings's highest Days Payable was 121.60. The lowest was 50.50. And the median was 54.06.

EBON's Days Payable is ranked worse than
55.91% of 2420 companies
in the Hardware industry
Industry Median: 67.965 vs EBON: 62.34

Ebang International Holdings's Days Payable increased from Jun. 2022 (50.71) to Jun. 2023 (61.57). It may suggest that Ebang International Holdings delayed paying its suppliers.

Ebang International Holdings Days Payable Historical Data

The historical data trend for Ebang International 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.

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Ebang International Holdings Days Payable Chart

Ebang International Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

54.06

72.49

121.60

50.50

52.27

Ebang International Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial					36.81	54.65	50.71	61.04	61.57

Competitive Comparison of Ebang International Holdings's Days Payable

For the Computer Hardware subindustry, Ebang International 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.

Ebang International Holdings's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ebang International Holdings's Days Payable distribution charts can be found below:

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

Ebang International 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.

Ebang International Holdings'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
=	( (3.388	+	1.457)	/	2 )	/	16.916	*	365
=	2.4225					/	16.916	*	365
=	52.27

Ebang International Holdings's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1.457	+	0.63)	/	2 )	/	3.093	*	365 / 2
=	1.0435					/	3.093	*	365 / 2
=	61.57

Ebang International Holdings Days Payable Related Terms

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Ebang International Holdings (Ebang International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ebang International Holdings Inc (NAS:EBON) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7EBA:Germany

Address

No. 20-02B, 12 Marina View, Asia Square Tower 2, Singapore, SGP, 018961

Website

https://www.ebang.com.cn

Ebang International Holdings Inc is an application-specific integrated circuit, or ASIC, chip design company and a manufacturer of high-performance Bitcoin mining machines. The company's Ebit E10 model, is a commercial mining machine that uses 10 nm ASIC chips among other mining machine producers. It operates in a single segment selling Bitcoin mining machines and related accessories, telecommunications products and provision of management and maintenance services.