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EM (Smart Share Global) Days Payable : 192.62 (As of Sep. 2024)


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What is Smart Share Global Days Payable?

Smart Share Global's average Accounts Payable for the three months ended in Sep. 2024 was $89.0 Mil. Smart Share Global's Cost of Goods Sold for the three months ended in Sep. 2024 was $42.2 Mil. Hence, Smart Share Global's Days Payable for the three months ended in Sep. 2024 was 192.62.

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

EM' s Days Payable Range Over the Past 10 Years
Min: 202.85   Med: 227.6   Max: 396.08
Current: 289.08

During the past 5 years, Smart Share Global's highest Days Payable was 396.08. The lowest was 202.85. And the median was 227.60.

EM's Days Payable is ranked better than
94.85% of 97 companies
in the Personal Services industry
Industry Median: 30.59 vs EM: 289.08

Smart Share Global's Days Payable declined from Sep. 2023 (316.81) to Sep. 2024 (192.62). It may suggest that Smart Share Global accelerated paying its suppliers.


Smart Share Global Days Payable Historical Data

The historical data trend for Smart Share 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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Smart Share Global Days Payable Chart

Smart Share Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
231.48 202.85 226.21 396.08 227.60

Smart Share Global Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 316.81 348.11 392.45 297.29 192.62

Competitive Comparison of Smart Share Global's Days Payable

For the Personal Services subindustry, Smart Share 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.


Smart Share Global's Days Payable Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Smart Share Global's Days Payable distribution charts can be found below:

* The bar in red indicates where Smart Share Global's Days Payable falls into.


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Smart Share 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.

Smart Share Global'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
=( (111.714 + 99.534) / 2 ) / 169.388*365
=105.624 / 169.388*365
=227.60

Smart Share Global's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (96.421 + 81.615) / 2 ) / 42.17*365 / 4
=89.018 / 42.17*365 / 4
=192.62

* 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.


Smart Share Global Days Payable Related Terms

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Smart Share Global Business Description

Traded in Other Exchanges
N/A
Address
799 Tianshan W Road, 6th Floor, Changning District, Shanghai, CHN, 200335
Smart Share Global Ltd is a consumer tech company providing mobile device charging service through an extensive online and offline network in China. It provides service through power banks, placed in POIs operated by location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. Through the mini-programs, users rent the power banks to carry with them when use the service and can return the power banks at any of the POIs, enabled by the expansive network and powerful technologies.