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AZI (Autozi Internet Technology (Global)) Days Payable : 5.84 (As of Mar. 2024)


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What is Autozi Internet Technology (Global) Days Payable?

Autozi Internet Technology (Global)'s average Accounts Payable for the six months ended in Mar. 2024 was $1.5 Mil. Autozi Internet Technology (Global)'s Cost of Goods Sold for the six months ended in Mar. 2024 was $48.0 Mil. Hence, Autozi Internet Technology (Global)'s Days Payable for the six months ended in Mar. 2024 was 5.84.

The historical rank and industry rank for Autozi Internet Technology (Global)'s Days Payable or its related term are showing as below:

AZI' s Days Payable Range Over the Past 10 Years
Min: 5.34   Med: 8.22   Max: 16.08
Current: 5.34

During the past 3 years, Autozi Internet Technology (Global)'s highest Days Payable was 16.08. The lowest was 5.34. And the median was 8.22.

AZI's Days Payable is ranked worse than
98.12% of 1278 companies
in the Vehicles & Parts industry
Industry Median: 65.905 vs AZI: 5.34

Autozi Internet Technology (Global)'s Days Payable declined from Mar. 2023 (9.56) to Mar. 2024 (5.84). It may suggest that Autozi Internet Technology (Global) accelerated paying its suppliers.

Autozi Internet Technology (Global) Days Payable Historical Data

The historical data trend for Autozi Internet Technology (Global)'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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Autozi Internet Technology (Global) Days Payable Chart

Autozi Internet Technology (Global) Annual Data
Trend Sep21 Sep22 Sep23
Days Payable
16.08 8.22 6.27

Autozi Internet Technology (Global) Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Payable Get a 7-Day Free Trial 9.54 7.09 9.56 4.56 5.84

Competitive Comparison of Autozi Internet Technology (Global)'s Days Payable

For the Auto & Truck Dealerships subindustry, Autozi Internet Technology (Global)'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.

Autozi Internet Technology (Global)'s Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autozi Internet Technology (Global)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Autozi Internet Technology (Global)'s Days Payable falls into.


Autozi Internet Technology (Global) 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.

Autozi Internet Technology (Global)'s Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (2.493 + 1.389) / 2 ) / 113.045*365
=1.941 / 113.045*365
=6.27

Autozi Internet Technology (Global)'s Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1.389 + 1.686) / 2 ) / 48.031*365 / 2
=1.5375 / 48.031*365 / 2
=5.84

* 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.

Autozi Internet Technology (Global) Days Payable Related Terms

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Autozi Internet Technology (Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autozi Internet Technology (Global) Ltd (NAS:AZI) » Definitions » Days Payable
Comparable Companies
GORV UCAR JZXN CTNT VRMMQ KXIN PREC EICCF RMBL KFS CVNA KMX TPE:2207 PAG LAD XBRU:DIE AN GPI ABG VVV
Traded in Other Exchanges
N/A
Address
No. 68 Beiqing Road, Block A, Building No. 16, Yonyou Software Park, Haidian, Beijing, CHN
Website
https://www.autozi.com
Autozi Internet Technology (Global) Ltd is one of China's leading and fast-growing lifecycle automotive service providers. It provides high-quality, affordable, and professional one-stop automotive products and services through online and offline channels nationwide. Leveraging its online supply chain cloud platform, SaaS platforms, and the network of MBS stores, It has established an ecosystem of lifecycle automotive services by connecting automotive manufacturers, auto parts manufacturers, and insurance companies with MBS stores and various automotive owners. Its business segments include new car sales, auto parts and auto accessories sales, and automotive insurance-related services. The majority of revenue is from the new car sales segment, and auto parts & auto accessories sales.