VNET Group (VNET Group) Days Payable

: 43.98 (As of Sep. 2023)

View and export this data going back to 2011. Start your Free Trial

VNET Group's average Accounts Payable for the three months ended in Sep. 2023 was $104 Mil. VNET Group's Cost of Goods Sold for the three months ended in Sep. 2023 was $217 Mil. Hence, VNET Group's Days Payable for the three months ended in Sep. 2023 was 43.98.

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

VNET' s Days Payable Range Over the Past 10 Years
Min: 27.82 Med: 46.7 Max: 65.25
Current: 43.16

During the past 13 years, VNET Group's highest Days Payable was 65.25. The lowest was 27.82. And the median was 46.70.

VNET's Days Payable is ranked worse than
54.94% of 2521 companies
in the Software industry
Industry Median: 51.44 vs VNET: 43.16

VNET Group's Days Payable increased from Sep. 2022 (41.93) to Sep. 2023 (43.98). It may suggest that VNET Group delayed paying its suppliers.

VNET Group Days Payable Historical Data

The historical data trend for VNET 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.

VNET Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

48.56

44.83

27.82

29.78

40.09

VNET Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable																41.93	39.88	44.44	45.71	43.98

Competitive Comparison

For the Information Technology Services subindustry, VNET 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.

VNET Group Days Payable Distribution

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

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

VNET 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.

VNET Group'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
=	( (77.482	+	102.361)	/	2 )	/	818.592	*	365
=	89.9215					/	818.592	*	365
=	40.09

VNET Group's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (103.846	+	104.886)	/	2 )	/	216.562	*	365 / 4
=	104.366					/	216.562	*	365 / 4
=	43.98

VNET Group Days Payable Related Terms

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

VNET Group (VNET Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VNET Group Inc (NAS:VNET) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

217A:Germany

Address

No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016

Website

https://www.vnet.com

VNET started as AsiaCloud in 1999 and moved to the data center business with its first self-developed data center opening in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At end-September 2023 it had 84,608 self-built cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also operated partnered data centers with around 4,314 cabinets and had 476 MW of wholesale capacity contracted or under a memorandum of understanding.