AsiaInfo Technologies (FRA:51N) Days Payable : 83.01 (As of Jun. 2024)

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What is AsiaInfo Technologies Days Payable?

AsiaInfo Technologies's average Accounts Payable for the six months ended in Jun. 2024 was €131.4 Mil. AsiaInfo Technologies's Cost of Goods Sold for the six months ended in Jun. 2024 was €288.9 Mil. Hence, AsiaInfo Technologies's Days Payable for the six months ended in Jun. 2024 was 83.01.

The historical rank and industry rank for AsiaInfo Technologies's Days Payable or its related term are showing as below:

FRA:51N' s Days Payable Range Over the Past 10 Years
Min: 20.11 Med: 54.57 Max: 82.4
Current: 64.42

During the past 9 years, AsiaInfo Technologies's highest Days Payable was 82.40. The lowest was 20.11. And the median was 54.57.

FRA:51N's Days Payable is ranked better than
57.84% of 2550 companies
in the Software industry
Industry Median: 49.265 vs FRA:51N: 64.42

AsiaInfo Technologies's Days Payable increased from Jun. 2023 (49.65) to Jun. 2024 (83.01). It may suggest that AsiaInfo Technologies delayed paying its suppliers.

AsiaInfo Technologies Days Payable Historical Data

The historical data trend for AsiaInfo Technologies'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.

AsiaInfo Technologies Days Payable Chart

AsiaInfo Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.18

25.29

19.71

32.53

57.37

AsiaInfo Technologies Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial												44.44	41.11	49.65	52.88	83.01

Competitive Comparison of AsiaInfo Technologies's Days Payable

For the Software - Application subindustry, AsiaInfo Technologies'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.

AsiaInfo Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, AsiaInfo Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where AsiaInfo Technologies's Days Payable falls into.

AsiaInfo Technologies 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.

AsiaInfo Technologies'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
=	( (70.829	+	127.608)	/	2 )	/	631.272	*	365
=	99.2185					/	631.272	*	365
=	57.37

AsiaInfo Technologies'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: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (127.608	+	135.192)	/	2 )	/	288.889	*	365 / 2
=	131.4					/	288.889	*	365 / 2
=	83.01

AsiaInfo Technologies Days Payable Related Terms

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AsiaInfo Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AsiaInfo Technologies Ltd (FRA:51N) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

01675:Hong Kong

Address

10 Xibeiwang Dong Lu, AsiaInfo Plaza, Hai Dian District, Beijing, CHN, 100193

Website

https://www.asiainfo.com

AsiaInfo Technologies Ltd is a provider of telecom software products and related service. The company's product portfolio currently consists of CRM, charging & billing, and big data products to IoT and intelligent network products. Its software products are deployed using an on-premises, project-based delivery model, and are accompanied by end-to-end, professional deployment services. The Company's revenue is primarily generated from project-based software development contracts, under which the Group develops software products and provides services at fixed prices and or variable prices.

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