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XcelMobility (XcelMobility) Days Payable : 1,925.38 (As of Sep. 2016)


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What is XcelMobility Days Payable?

XcelMobility's average Accounts Payable for the three months ended in Sep. 2016 was $0.63 Mil. XcelMobility's Cost of Goods Sold for the three months ended in Sep. 2016 was $0.03 Mil. Hence, XcelMobility's Days Payable for the three months ended in Sep. 2016 was 1,925.38.

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

XCLL's Days Payable is not ranked *
in the Software industry.
Industry Median: 50.96
* Ranked among companies with meaningful Days Payable only.

XcelMobility's Days Payable increased from Sep. 2015 (586.61) to Sep. 2016 (1,925.38). It may suggest that XcelMobility delayed paying its suppliers.


XcelMobility Days Payable Historical Data

The historical data trend for XcelMobility'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.

XcelMobility Days Payable Chart

XcelMobility Annual Data
Trend Mar09 Mar10 Mar11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial - 861.81 - 121,399.00 38,976.79

XcelMobility Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 586.61 - 89,288.12 2,102.26 1,925.38

Competitive Comparison of XcelMobility's Days Payable

For the Software - Application subindustry, XcelMobility'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.


XcelMobility's Days Payable Distribution in the Software Industry

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

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



XcelMobility 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.

XcelMobility's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0.511 + 0.984) / 2 ) / 0.007*365
=0.7475 / 0.007*365
=38,976.79

XcelMobility's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable (Q: Sep. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2016 ) + Accounts Payable (Q: Sep. 2016 )) / count ) / Cost of Goods Sold (Q: Sep. 2016 )*Days in Period
=( (0.824 + 0.442) / 2 ) / 0.03*365 / 4
=0.633 / 0.03*365 / 4
=1,925.38

* 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.


XcelMobility Days Payable Related Terms

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XcelMobility (XcelMobility) Business Description

Traded in Other Exchanges
N/A
Address
2225 East Bayshore Road, Suite 200, Palo Alto, CA, USA, 94303
XcelMobility Inc is a developer of mobile internet products and services. Geographically the activities are carried out through China.
Executives
Jack I Zwick director 22570 S BELLWOOD DR, SOUTHFIELD MI 48034

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