Yiren Digital (Yiren Digital) Days Payable : 19.72 (As of Sep. 2023)

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What is Yiren Digital Days Payable?

Yiren Digital's average Accounts Payable for the three months ended in Sep. 2023 was $7.3 Mil. Yiren Digital's Cost of Goods Sold for the three months ended in Sep. 2023 was $33.6 Mil. Hence, Yiren Digital's Days Payable for the three months ended in Sep. 2023 was 19.72.

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

YRD' s Days Payable Range Over the Past 10 Years
Min: 6.89 Med: 13.56 Max: 97.8
Current: 12.38

During the past 10 years, Yiren Digital's highest Days Payable was 97.80. The lowest was 6.89. And the median was 13.56.

YRD's Days Payable is ranked worse than
79.72% of 281 companies
in the Credit Services industry
Industry Median: 48.71 vs YRD: 12.38

Yiren Digital's Days Payable increased from Sep. 2022 (13.08) to Sep. 2023 (19.72). It may suggest that Yiren Digital delayed paying its suppliers.

Yiren Digital Days Payable Historical Data

The historical data trend for Yiren Digital'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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Yiren Digital Days Payable Chart

Yiren Digital Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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58.88

97.80

8.35

6.89

8.23

Yiren Digital Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															13.08	9.84	7.74	11.51	19.72

Competitive Comparison of Yiren Digital's Days Payable

For the Credit Services subindustry, Yiren Digital'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.

Yiren Digital's Days Payable Distribution in the Credit Services Industry

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

* The bar in red indicates where Yiren Digital's Days Payable falls into.

Yiren Digital 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.

Yiren Digital'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
=	( (2.993	+	2.029)	/	2 )	/	111.428	*	365
=	2.511					/	111.428	*	365
=	8.23

Yiren Digital'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
=	( (9.319	+	5.21)	/	2 )	/	33.621	*	365 / 4
=	7.2645					/	33.621	*	365 / 4
=	19.72

Yiren Digital Days Payable Related Terms

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Yiren Digital (Yiren Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Yiren Digital Ltd (NYSE:YRD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

19YA:Germany 19YA:Germany

Address

118 Jianguo Road, 28th Floor, China Merchants Bureau Building, Chaoyang District, Beijing, CHN, 100022

Website

https://www.yiren.com

Yiren Digital Ltd is a fintech company in China connecting investors and individual borrowers. The Company provides an effective solution to address largely underserved investors and individual borrower demand in China through online and offline channels to efficiently match borrowers with investors and execute loan transactions. The company has three operating segments; the Yiren Wealth segment conducts holistic wealth business, the Yiren Credit segment focuses on consumer credit business, and the Other segment includes electronic commerce business. It derives a majority of its revenue from the Yiren Credit segment.