Kuora (AAPT) Days Payable: 324.25 (As of Sep. 2013)


What is Kuora Days Payable?

Kuora AAPT -99.00% Days Payable is 324.25 as of Sep. 2013.

Kuora's average Accounts Payable for the three months ended in Sep. 2013 was $2.73 Mil. Kuora's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.77 Mil. Hence, Kuora's Days Payable for the three months ended in Sep. 2013 was 324.25.

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

AAPT's Days Payable is not ranked *
in the Business Services industry.
Industry Median: 46.92
* Ranked among companies with meaningful Days Payable only.

Kuora's Days Payable declined from Sep. 2012 (80,011.04) to Sep. 2013 (324.25). It may suggest that Kuora accelerated paying its suppliers.

Kuora Days Payable Historical Data

* Premium members only.

The historical data trend for Kuora'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.

Kuora Days Payable Chart

Kuora Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Days Payable
Get a 7-Day Free Trial 0.00 0.00 6,143.56 12,861.61 82,108.41

Kuora Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 80,011.04 112,625.31 3,446.88 5,747.71 324.25

AAPT vs GLUC, HISP, FTLF: Days Payable Comparison

For the Specialty Business Services subindustry, Kuora'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.

Kuora Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Kuora's Days Payable distribution charts can be found below:

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


Kuora 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.

Kuora's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable (A: Dec. 2012 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2011 ) + Accounts Payable (A: Dec. 2012 )) / count ) / Cost of Goods Sold (A: Dec. 2012 )*Days in Period
=( (2.343 + 2.606) / 2 ) / 0.011*365
=2.4745 / 0.011*365
=82,108.41

Kuora's Days Payable for the quarter that ended in Sep. 2013 is calculated as:

Days Payable (Q: Sep. 2013 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2013 ) + Accounts Payable (Q: Sep. 2013 )) / count ) / Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=( (2.634 + 2.817) / 2 ) / 0.767*365 / 4
=2.7255 / 0.767*365 / 4
=324.25

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 324.25 mean?
Kuora (AAPT) has a Days Payable of 324.25 as of Sep. 2013. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kuora and its competitors.
Is Kuora's Days Payable too high?
Kuora's current Days Payable is 324.25. The Business Services industry median Days Payable is 46.92. Kuora's value of 324.25 is 591.1% above this industry median.
How does Kuora's Days Payable compare to GLUC and HISP?
Kuora's Days Payable of 324.25 can be compared against companies in the Business Services industry. The industry median Days Payable is 46.92. Kuora's value of 324.25 is 591.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Business Services company?
The median Days Payable among Business Services companies is 46.92, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kuora's current Days Payable of 324.25 is 591.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kuora and its competitors. For the Business Services industry, the median Days Payable is 46.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kuora's current Days Payable is 324.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kuora stock overvalued right now?
Kuora (AAPT) has a current Days Payable of 324.25. The current Days Payable is 324.25 and 591.1% above the Business Services industry median of 46.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Kuora (AAPT), the current Days Payable is 324.25 as of Sep. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kuora Business Description

Address No.88 Nanguanzheng Street, 18th Floor-C29, Block E, Chang'an International, Xi An, CHN, 710068
Kuora Inc is focusing on the industrial technology service platform. It operates in two business segments. The first business segment is the Xiaohuangren Industrial Technology Service Platform, which mainly focuses on finding experts, information, and answers. Users need to pay for asking questions and finding experts from the platform, and the platform uses a commission method for the service and the second business is a settlement platform, through which enterprises pay fees to individuals, and the platform charges a certain service fee.