BHAT (Blue Hat Interactive Entertainment Technology) Days Payable : 2.62 (As of Dec. 2023)

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What is Blue Hat Interactive Entertainment Technology Days Payable?

Blue Hat Interactive Entertainment Technology's average Accounts Payable for the six months ended in Dec. 2023 was $0.38 Mil. Blue Hat Interactive Entertainment Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was $26.30 Mil. Hence, Blue Hat Interactive Entertainment Technology's Days Payable for the six months ended in Dec. 2023 was 2.62.

The historical rank and industry rank for Blue Hat Interactive Entertainment Technology's Days Payable or its related term are showing as below:

BHAT' s Days Payable Range Over the Past 10 Years
Min: 1.62 Med: 41.12 Max: 392.96
Current: 1.81

During the past 7 years, Blue Hat Interactive Entertainment Technology's highest Days Payable was 392.96. The lowest was 1.62. And the median was 41.12.

BHAT's Days Payable is ranked worse than
98.84% of 432 companies
in the Interactive Media industry
Industry Median: 60.935 vs BHAT: 1.81

Blue Hat Interactive Entertainment Technology's Days Payable declined from Dec. 2022 (325.77) to Dec. 2023 (2.62). It may suggest that Blue Hat Interactive Entertainment Technology accelerated paying its suppliers.

Blue Hat Interactive Entertainment Technology Days Payable Historical Data

The historical data trend for Blue Hat Interactive Entertainment Technology'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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Blue Hat Interactive Entertainment Technology Days Payable Chart

Blue Hat Interactive Entertainment Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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41.12

8.26

36.95

244.60

1.62

Blue Hat Interactive Entertainment Technology Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								139.87	354.26	325.77	1.50	2.62

Competitive Comparison of Blue Hat Interactive Entertainment Technology's Days Payable

For the Electronic Gaming & Multimedia subindustry, Blue Hat Interactive Entertainment Technology'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.

Blue Hat Interactive Entertainment Technology's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Blue Hat Interactive Entertainment Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Blue Hat Interactive Entertainment Technology's Days Payable falls into.

Blue Hat Interactive Entertainment Technology 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.

Blue Hat Interactive Entertainment Technology's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.325	+	0.319)	/	2 )	/	72.533	*	365
=	0.322					/	72.533	*	365
=	1.62

Blue Hat Interactive Entertainment Technology's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.437	+	0.319)	/	2 )	/	26.304	*	365 / 2
=	0.378					/	26.304	*	365 / 2
=	2.62

Blue Hat Interactive Entertainment Technology Days Payable Related Terms

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Blue Hat Interactive Entertainment Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Blue Hat Interactive Entertainment Technology (NAS:BHAT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

4Y80:Germany

Address

No. 1010 Anling Road, 7th Floor, Building C, Huli District, Xiamen, CHN, 361009

Website

https://www.ir.bluehatgroup.com

Blue Hat Interactive Entertainment Technology is a producer, developer, and operator of augmented reality (AR) interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The company's products include AR Racer, AR Crazy Bug, AR 3D Magic Box, AR Dinosaur, Talking Tom and Friends Bouncing Bubble, and Immersive Education Classes. The company reports in the following segments: Interactive toys - animation series, Interactive toys - game series, and Mobile games, Information services, and Communication services, out of which the majority of the revenue is generated from the game series. The majority of its revenues are generated in China.