Jianpu Technology (FRA:JT13) Days Payable : 59.42 (As of Dec. 2023)

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What is Jianpu Technology Days Payable?

Jianpu Technology's average Accounts Payable for the three months ended in Dec. 2023 was €14.0 Mil. Jianpu Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was €21.5 Mil. Hence, Jianpu Technology's Days Payable for the three months ended in Dec. 2023 was 59.42.

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

FRA:JT13' s Days Payable Range Over the Past 10 Years
Min: 47.53 Med: 137.87 Max: 504.01
Current: 52.2

During the past 9 years, Jianpu Technology's highest Days Payable was 504.01. The lowest was 47.53. And the median was 137.87.

FRA:JT13's Days Payable is ranked better than
51.41% of 284 companies
in the Credit Services industry
Industry Median: 48.71 vs FRA:JT13: 52.20

Jianpu Technology's Days Payable increased from Dec. 2022 (45.78) to Dec. 2023 (59.42). It may suggest that Jianpu Technology delayed paying its suppliers.

Jianpu Technology Days Payable Historical Data

The historical data trend for Jianpu Technology'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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Jianpu Technology Days Payable Chart

Jianpu Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.39

144.15

75.85

47.49

48.21

Jianpu Technology Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															45.78	43.53	55.37	59.34	59.42

Competitive Comparison of Jianpu Technology's Days Payable

For the Credit Services subindustry, Jianpu Technology'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.

Jianpu Technology's Days Payable Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Jianpu Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Jianpu Technology's Days Payable falls into.

Jianpu Technology 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.

Jianpu Technology'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
=	( (13.098	+	13.673)	/	2 )	/	101.347	*	365
=	13.3855					/	101.347	*	365
=	48.21

Jianpu Technology's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14.271	+	13.673)	/	2 )	/	21.455	*	365 / 4
=	13.972					/	21.455	*	365 / 4
=	59.42

Jianpu Technology Days Payable Related Terms

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Jianpu Technology (FRA:JT13) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Jianpu Technology Inc (FRA:JT13) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JT:USA

Address

19 South Haidian Road, 5F Times Cyber Building, Haidian District, Beijing, CHN, 100086

Website

http://www.jianpu.ai

Jianpu Technology Inc is an independent open platform for providing online discovery and recommendation services for financial products in China. The company provides users with personalized search results and recommendations services such as loan applications, credit card services, and advertising and marketing services to its financial needs and credit profile. The individual users have access to financial products through the platform, including credit cards, and wealth management products. In addition, it also offers data risk management solutions to financial service providers which help in application approval, fraud detection and prevention and other credit underwriting processes. The company generates revenues from fees charged for services for loan products.

Jianpu Technology (FRA:JT13) Headlines

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