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Baijiayun Group (Baijiayun Group) Days Payable : 134.32 (As of Jun. 2023)


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What is Baijiayun Group Days Payable?

Baijiayun Group's average Accounts Payable for the six months ended in Jun. 2023 was $23.58 Mil. Baijiayun Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $32.03 Mil. Hence, Baijiayun Group's Days Payable for the six months ended in Jun. 2023 was 134.32.

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

RTC' s Days Payable Range Over the Past 10 Years
Min: 25.49   Med: 36.14   Max: 130.44
Current: 130.44

During the past 13 years, Baijiayun Group's highest Days Payable was 130.44. The lowest was 25.49. And the median was 36.14.

RTC's Days Payable is ranked better than
75.5% of 2522 companies
in the Software industry
Industry Median: 51.485 vs RTC: 130.44

Baijiayun Group's Days Payable increased from Jun. 2022 (0.00) to Jun. 2023 (134.32). It may suggest that Baijiayun Group delayed paying its suppliers.


Baijiayun Group Days Payable Historical Data

The historical data trend for Baijiayun Group'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.

Baijiayun Group Days Payable Chart

Baijiayun Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.43 40.11 35.13 97.59 127.93

Baijiayun Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.94 31.01 - 129.19 134.32

Competitive Comparison of Baijiayun Group's Days Payable

For the Software - Application subindustry, Baijiayun Group'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.


Baijiayun Group's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Baijiayun Group's Days Payable falls into.



Baijiayun Group 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.

Baijiayun Group's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (23.28 + 22.773) / 2 ) / 65.695*365
=23.0265 / 65.695*365
=127.93

Baijiayun Group'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
=( (24.378 + 22.773) / 2 ) / 32.032*365 / 2
=23.5755 / 32.032*365 / 2
=134.32

* 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.


Baijiayun Group Days Payable Related Terms

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Baijiayun Group (Baijiayun Group) Business Description

Traded in Other Exchanges
Address
No. 32 Fengzhan Road, 24th Floor, A1 South Building, Yuhuatai District, Nanjing, CHN, 210000
Baijiayun Group Ltd is a ToB video cloud technology service provider that solves various pain points and needs in the field of video technology applications for enterprises. The group supplies energy for the digital development of enterprises through audio and video technology. The firm provides video technology solutions to enterprises and government agencies in various fields such as automobiles, finance, education, and medical care. Baijiayun has created three categories of product services namely video SaaS/PaaS business, video cloud products and software, and video system solutions. It has set up multiple R&D centers, branches, and offices across the country, enabling video technology to create industrial value and promote the development of the real economy.