Inkeverse Group (FRA:5IK) Days Payable : 54.23 (As of Jun. 2024)

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What is Inkeverse Group Days Payable?

Inkeverse Group's average Accounts Payable for the six months ended in Jun. 2024 was €71.3 Mil. Inkeverse Group's Cost of Goods Sold for the six months ended in Jun. 2024 was €239.9 Mil. Hence, Inkeverse Group's Days Payable for the six months ended in Jun. 2024 was 54.23.

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

FRA:5IK' s Days Payable Range Over the Past 10 Years
Min: 40.03 Med: 55.73 Max: 83.34
Current: 46.91

During the past 9 years, Inkeverse Group's highest Days Payable was 83.34. The lowest was 40.03. And the median was 55.73.

FRA:5IK's Days Payable is ranked worse than
57.47% of 435 companies
in the Interactive Media industry
Industry Median: 61.94 vs FRA:5IK: 46.91

Inkeverse Group's Days Payable increased from Jun. 2023 (47.28) to Jun. 2024 (54.23). It may suggest that Inkeverse Group delayed paying its suppliers.

Inkeverse Group Days Payable Historical Data

The historical data trend for Inkeverse Group'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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Inkeverse Group Days Payable Chart

Inkeverse Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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78.51

56.49

38.77

54.74

44.46

Inkeverse Group Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial											45.19	61.08	47.28	40.07	54.23

Competitive Comparison of Inkeverse Group's Days Payable

For the Internet Content & Information subindustry, Inkeverse Group'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.

Inkeverse Group's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Inkeverse Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Inkeverse Group's Days Payable falls into.

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Inkeverse Group 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.

Inkeverse Group'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
=	( (60.212	+	65.288)	/	2 )	/	515.212	*	365
=	62.75					/	515.212	*	365
=	44.46

Inkeverse Group'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
=	( (65.288	+	77.257)	/	2 )	/	239.874	*	365 / 2
=	71.2725					/	239.874	*	365 / 2
=	54.23

Inkeverse Group Days Payable Related Terms

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Inkeverse Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Inkeverse Group Ltd (FRA:5IK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

03700:Hong Kong

Address

Zone C, Block A, Greenland Center, Area 4, Wangjing East Garden, Chaoyang District, Beijing, CHN, 100102

Website

https://www.inkeverse.com

Inkeverse Group Ltd is engaged in operating the live streaming platform and provision of advertising services in the People's Republic of China. The group business activities are mainly in the live streaming business and generate revenue from the same. It engages in the provision of value-added telecommunications services, internet cultural services, online audio and video program services, and talent agency services. Geographically, it derives revenue from China.

Inkeverse Group Headlines

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