Pintec Technology Holdings (Pintec Technology Holdings) Days Payable

: 116.88 (As of Jun. 2023)

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Pintec Technology Holdings's average Accounts Payable for the six months ended in Jun. 2023 was $2.76 Mil. Pintec Technology Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was $4.31 Mil. Hence, Pintec Technology Holdings's Days Payable for the six months ended in Jun. 2023 was 116.88.

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

PT' s Days Payable Range Over the Past 10 Years
Min: 25.93 Med: 40.98 Max: 134.24
Current: 100.05

During the past 7 years, Pintec Technology Holdings's highest Days Payable was 134.24. The lowest was 25.93. And the median was 40.98.

PT's Days Payable is ranked better than
68.09% of 282 companies
in the Credit Services industry
Industry Median: 48.745 vs PT: 100.05

Pintec Technology Holdings's Days Payable declined from Jun. 2022 (205.56) to Jun. 2023 (116.88). It may suggest that Pintec Technology Holdings accelerated paying its suppliers.

Pintec Technology Holdings Days Payable Historical Data

The historical data trend for Pintec Technology 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.

Pintec Technology Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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25.93

26.44

40.98

64.06

134.24

Pintec Technology Holdings Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial									61.55	101.28	205.56	93.76	116.88

Competitive Comparison

For the Credit Services subindustry, Pintec Technology 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.

Pintec Technology Holdings Days Payable Distribution

For the Credit Services industry and Financial Services sector, Pintec Technology Holdings's Days Payable distribution charts can be found below:

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

Pintec Technology 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.

Pintec Technology 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
=	( (3.36	+	3.254)	/	2 )	/	8.992	*	365
=	3.307					/	8.992	*	365
=	134.24

Pintec Technology 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
=	( (3.254	+	2.269)	/	2 )	/	4.312	*	365 / 2
=	2.7615					/	4.312	*	365 / 2
=	116.88

Pintec Technology Holdings Days Payable Related Terms

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Pintec Technology Holdings (Pintec Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Pintec Technology Holdings Ltd (NAS:PT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 109 Yard Tianjizhigu, 3rd Floor, No. 11 Building, Jinghai 3rd Street, BDA, Beijing, CHN, 101111

Website

https://www.pintec.com

Pintec Technology Holdings Ltd is a technology platform that provides financial services in China in terms of loan volume facilitated. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end-users. Its products include installment loans, personal loans, wealth management, insurance brokerage, SME loans, and others. The company generates its revenue from technical service fees also by providing financing for these borrowers and earn installment service fees, They earn wealth management services fees and commission on financial products.