EM (Smart Share Global) Days Payable: 101.60 (As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EM Smart Share Global Ltd EM
12 GF Score
Price $1.20
View Full Analysis

What is Smart Share Global Days Payable?

Smart Share Global EM 12 Days Payable is 101.60 as of Dec. 2024. GuruFocus rates EM with a GF Score™ of 12/100.

Smart Share Global's average Accounts Payable for the three months ended in Dec. 2024 was $61.9 Mil. Smart Share Global's Cost of Goods Sold for the three months ended in Dec. 2024 was $55.6 Mil. Hence, Smart Share Global's Days Payable for the three months ended in Dec. 2024 was 101.60.

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 is not ranked *
in the Personal Services industry.
Industry Median: 30.89
* Ranked among companies with meaningful Days Payable only.

Smart Share Global's Days Payable declined from Dec. 2023 (289.58) to Dec. 2024 (101.60). It may suggest that Smart Share Global accelerated paying its suppliers.


Smart Share Global Days Payable Historical Data

* Premium members only.

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.

Smart Share Global Days Payable Chart

Smart Share Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial 202.85 226.21 384.81 187.22 126.51

Smart Share Global Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 289.58 318.11 297.29 192.62 101.60

EM vs WW, MED, EJH: Days Payable Comparison

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 Days Payable vs 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.


EM
12GF Score
Smart Share Global Ltd EM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (61.583 + 42.273) / 2 ) / 149.819*365
=51.928 / 149.819*365
=126.51

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

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (81.615 + 42.273) / 2 ) / 55.634*365 / 4
=61.944 / 55.634*365 / 4
=101.60

* 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 101.60 mean?
Smart Share Global (EM) has a Days Payable of 101.60 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Smart Share Global and its competitors.
Is Smart Share Global's Days Payable too high?
Smart Share Global's current Days Payable is 101.60. The Personal Services industry median Days Payable is 30.89. Smart Share Global's value of 101.60 is 228.9% above this industry median. Overall, Smart Share Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Smart Share Global's Days Payable compare to WW and MED?
Smart Share Global's Days Payable of 101.60 can be compared against companies in the Personal Services industry. The industry median Days Payable is 30.89. Smart Share Global's value of 101.60 is 228.9% above 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 Personal Services company?
The median Days Payable among Personal Services companies is 30.89, based on 89 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. Smart Share Global's current Days Payable of 101.60 is 228.9% above 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 Smart Share Global and its competitors. For the Personal Services industry, the median Days Payable is 30.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Share Global's current Days Payable is 101.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Share Global stock overvalued right now?
Smart Share Global (EM) has a current Days Payable of 101.60. The current Days Payable is 101.60 and 228.9% above the Personal Services industry median of 30.89. Smart Share Global's overall GF Score™ is 12/100. 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 Smart Share Global (EM), the current Days Payable is 101.60 as of Dec. 2024. 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.

Smart Share Global Business Description

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 services 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. Geographically, the company generates revenue from the PRC. The company has two segments, the mobile device charging segment and the PV business segment. The company generates the majority of its revenue from the mobile device charging segment.
12GF Score

Get the complete analysis for EM

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.20
Price