CBGH (China Yibai United Guarantee International Holding) Days Payable: 45.69 (As of Jun. 2004)


What is China Yibai United Guarantee International Holding Days Payable?

China Yibai United Guarantee International Holding CBGH Days Payable is 45.69 as of Jun. 2004.

China Yibai United Guarantee International Holding's average Accounts Payable for the three months ended in Jun. 2004 was $0.75 Mil. China Yibai United Guarantee International Holding's Cost of Goods Sold for the three months ended in Jun. 2004 was $1.50 Mil. Hence, China Yibai United Guarantee International Holding's Days Payable for the three months ended in Jun. 2004 was 45.69.

The historical rank and industry rank for China Yibai United Guarantee International Holding's Days Payable or its related term are showing as below:

CBGH's Days Payable is not ranked *
in the Software industry.
Industry Median: 54.025
* Ranked among companies with meaningful Days Payable only.

China Yibai United Guarantee International Holding's Days Payable increased from Jun. 2003 (40.07) to Jun. 2004 (45.69). It may suggest that China Yibai United Guarantee International Holding delayed paying its suppliers.

China Yibai United Guarantee International Holding Days Payable Related Terms

China Yibai United Guarantee International Holding Days Payable Historical Data

* Premium members only.

The historical data trend for China Yibai United Guarantee International Holding'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.

China Yibai United Guarantee International Holding Days Payable Chart

China Yibai United Guarantee International Holding Annual Data
Trend Sep01 Sep02 Sep03
Days Payable
32.77 44.71 49.15

China Yibai United Guarantee International Holding Quarterly Data
Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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 40.07 40.27 47.51 48.41 45.69

CBGH vs MRIN, IDAI, BLBX: Days Payable Comparison

For the Software - Application subindustry, China Yibai United Guarantee International Holding'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.

China Yibai United Guarantee International Holding Days Payable vs Software Industry

For the Software industry and Technology sector, China Yibai United Guarantee International Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where China Yibai United Guarantee International Holding's Days Payable falls into.


China Yibai United Guarantee International Holding 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.

China Yibai United Guarantee International Holding's Days Payable for the fiscal year that ended in Sep. 2003 is calculated as

Days Payable (A: Sep. 2003 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2002 ) + Accounts Payable (A: Sep. 2003 )) / count ) / Cost of Goods Sold (A: Sep. 2003 )*Days in Period
=( (0.606 + 0.76) / 2 ) / 5.072*365
=0.683 / 5.072*365
=49.15

China Yibai United Guarantee International Holding's Days Payable for the quarter that ended in Jun. 2004 is calculated as:

Days Payable (Q: Jun. 2004 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2004 ) + Accounts Payable (Q: Jun. 2004 )) / count ) / Cost of Goods Sold (Q: Jun. 2004 )*Days in Period
=( (0.71 + 0.789) / 2 ) / 1.497*365 / 4
=0.7495 / 1.497*365 / 4
=45.69

* 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 45.69 mean?
China Yibai United Guarantee International Holding (CBGH) has a Days Payable of 45.69 as of Jun. 2004. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on China Yibai United Guarantee International Holding and its competitors.
Is China Yibai United Guarantee International Holding's Days Payable too high?
China Yibai United Guarantee International Holding's current Days Payable is 45.69. The Software industry median Days Payable is 54.03. China Yibai United Guarantee International Holding's value of 45.69 is 15.4% below this industry median.
How does China Yibai United Guarantee International Holding's Days Payable compare to MRIN and IDAI?
China Yibai United Guarantee International Holding's Days Payable of 45.69 can be compared against companies in the Software industry. The industry median Days Payable is 54.03. China Yibai United Guarantee International Holding's value of 45.69 is 15.4% below 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 Software company?
The median Days Payable among Software companies is 54.03, based on 2,600 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. China Yibai United Guarantee International Holding's current Days Payable of 45.69 is 15.4% below 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 China Yibai United Guarantee International Holding and its competitors. For the Software industry, the median Days Payable is 54.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Yibai United Guarantee International Holding's current Days Payable is 45.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Yibai United Guarantee International Holding stock overvalued right now?
China Yibai United Guarantee International Holding (CBGH) has a current Days Payable of 45.69. The current Days Payable is 45.69 and 15.4% below the Software industry median of 54.03. 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 China Yibai United Guarantee International Holding (CBGH), the current Days Payable is 45.69 as of Jun. 2004. 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.

China Yibai United Guarantee International Holding Business Description

Address 106 - 7550 Birchmount Road, Markham, ON, CAN, L3R 6C6
China Yibai United Guarantee International Holding Inc through its subsidiary, provides mobile device users with on-demand cleaning and other home maintenance services for residential and commercial use through its TidyCall App. The platform includes two versions: TidyCall User for consumers using commercial cleaning services (CSUs) and TidyCall Provider for approved cleaning service providers (CSPs). TidyCall enables interaction between CSUs and CSPs through its on-demand interface, supported by a Two-Way Review/Rating System that allows both parties to rate and review each service discreetly, promoting productivity and service quality. It also uses Geo-Fencing technology to collect real-time geographic information of CSPs and CSUs during service requests, enhancing user safety.