Inspur Digital Enterprise Technology (FRA:L1CC) Days Payable : 77.35 (As of Jun. 2024)

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What is Inspur Digital Enterprise Technology Days Payable?

Inspur Digital Enterprise Technology's average Accounts Payable for the six months ended in Jun. 2024 was €175 Mil. Inspur Digital Enterprise Technology's Cost of Goods Sold for the six months ended in Jun. 2024 was €414 Mil. Hence, Inspur Digital Enterprise Technology's Days Payable for the six months ended in Jun. 2024 was 77.35.

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

FRA:L1CC' s Days Payable Range Over the Past 10 Years
Min: 34.51 Med: 50.88 Max: 146.39
Current: 65.95

During the past 13 years, Inspur Digital Enterprise Technology's highest Days Payable was 146.39. The lowest was 34.51. And the median was 50.88.

FRA:L1CC's Days Payable is ranked better than
58.83% of 2536 companies
in the Software industry
Industry Median: 49.025 vs FRA:L1CC: 65.95

Inspur Digital Enterprise Technology's Days Payable increased from Jun. 2023 (43.75) to Jun. 2024 (77.35). It may suggest that Inspur Digital Enterprise Technology delayed paying its suppliers.

Inspur Digital Enterprise Technology Days Payable Historical Data

The historical data trend for Inspur Digital Enterprise 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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Inspur Digital Enterprise Technology Days Payable Chart

Inspur Digital Enterprise Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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50.02

60.95

33.46

34.68

64.82

Inspur Digital Enterprise Technology Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															29.53	24.60	43.75	61.59	77.35

Competitive Comparison of Inspur Digital Enterprise Technology's Days Payable

For the Software - Application subindustry, Inspur Digital Enterprise 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.

Inspur Digital Enterprise Technology's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Inspur Digital Enterprise Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Inspur Digital Enterprise Technology's Days Payable falls into.

Inspur Digital Enterprise 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.

Inspur Digital Enterprise 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
=	( (110.917	+	179.946)	/	2 )	/	818.938	*	365
=	145.4315					/	818.938	*	365
=	64.82

Inspur Digital Enterprise Technology'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
=	( (179.946	+	170.592)	/	2 )	/	413.552	*	365 / 2
=	175.269					/	413.552	*	365 / 2
=	77.35

Inspur Digital Enterprise Technology Days Payable Related Terms

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Inspur Digital Enterprise Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Inspur Digital Enterprise Technology Ltd (FRA:L1CC) » Definitions » Days Payable

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00596:Hong Kong

Address

1 Wang Kwong Road, Kowloon Bay, Billion Center, Room B&C, 30/Floor, Tower A, Kowloon, Hong Kong, HKG

Website

https://www.inspur.com.hk

Inspur Digital Enterprise Technology Ltd formerly, Inspur International Ltd is an investment holding company. The company's segments are Cloud services, Management software, and the Internet of Things. The Cloud services segment includes the provision of cloud services. The management software segment involves the provision of software development and other software services whereas the Internet of Things segment is engaged in the sales of IT peripherals and software. Geographically, the firm generates a majority of its revenue from Mainland China.

Inspur Digital Enterprise Technology Headlines

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