Shanghai i2Finance Technology Co (BJSE:830799) Days Payable : 1.61 (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Shanghai i2Finance Technology Co Days Payable?

Shanghai i2Finance Technology Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥1.6 Mil. Shanghai i2Finance Technology Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥92.3 Mil. Hence, Shanghai i2Finance Technology Co's Days Payable for the three months ended in Jun. 2024 was 1.61.

The historical rank and industry rank for Shanghai i2Finance Technology Co's Days Payable or its related term are showing as below:

BJSE:830799' s Days Payable Range Over the Past 10 Years
Min: 0.74 Med: 5.5 Max: 13.22
Current: 1.83

During the past 13 years, Shanghai i2Finance Technology Co's highest Days Payable was 13.22. The lowest was 0.74. And the median was 5.50.

BJSE:830799's Days Payable is ranked worse than
98.59% of 2545 companies
in the Software industry
Industry Median: 49.25 vs BJSE:830799: 1.83

Shanghai i2Finance Technology Co's Days Payable declined from Jun. 2023 (3.52) to Jun. 2024 (1.61). It may suggest that Shanghai i2Finance Technology Co accelerated paying its suppliers.

Shanghai i2Finance Technology Co Days Payable Historical Data

The historical data trend for Shanghai i2Finance Technology Co'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.

Shanghai i2Finance Technology Co Days Payable Chart

Shanghai i2Finance Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

0.74

3.42

6.48

4.52

2.57

Shanghai i2Finance Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															3.52	2.02	1.61	1.80	1.61

Competitive Comparison of Shanghai i2Finance Technology Co's Days Payable

For the Software - Infrastructure subindustry, Shanghai i2Finance Technology Co'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.

Shanghai i2Finance Technology Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Shanghai i2Finance Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai i2Finance Technology Co's Days Payable falls into.

Shanghai i2Finance Technology Co 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.

Shanghai i2Finance Technology Co'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
=	( (3.272	+	2.427)	/	2 )	/	405.199	*	365
=	2.8495					/	405.199	*	365
=	2.57

Shanghai i2Finance Technology Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (1.211	+	2.04)	/	2 )	/	92.273	*	365 / 4
=	1.6255					/	92.273	*	365 / 4
=	1.61

Shanghai i2Finance Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Shanghai i2Finance Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai i2Finance Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shanghai i2Finance Technology Co Ltd (BJSE:830799) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 958, Lujiazui Ring Road,, 4th Floor, Room 403, Huaneng United Building, Pudong New Area, Shanghai, CHN, 200120

Website

http://www.i2finance.net

Shanghai i2Finance Technology Co Ltd engages in technical development and services of Internet financial software products subdivided into the financial IT field. It covers all fields of financial IT, from commercial bank core business system and peripheral IT system construction to business consulting, platform construction, security assurance, operation support, and marketing customer acquisition, to help customers achieve digital transformation.

Shanghai i2Finance Technology Co Headlines

No Headlines