GIT (Going International Holding Co) Days Payable: 11.44 (As of Mar. 2025)


What is Going International Holding Co Days Payable?

Going International Holding Co GIT Days Payable is 11.44 as of Mar. 2025.

Going International Holding Co's average Accounts Payable for the six months ended in Mar. 2025 was $0.08 Mil. Going International Holding Co's Cost of Goods Sold for the six months ended in Mar. 2025 was $1.24 Mil. Hence, Going International Holding Co's Days Payable for the six months ended in Mar. 2025 was 11.44.

The historical rank and industry rank for Going International Holding Co's Days Payable or its related term are showing as below:

GIT's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.955
* Ranked among companies with meaningful Days Payable only.

Going International Holding Co's Days Payable declined from Mar. 2024 (18.42) to Mar. 2025 (11.44). It may suggest that Going International Holding Co accelerated paying its suppliers.

Going International Holding Co Days Payable Historical Data

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The historical data trend for Going International Holding Co'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.

Going International Holding Co Days Payable Chart

Going International Holding Co Annual Data
Trend Sep21 Sep22 Sep23
Days Payable
116.30 92.32 53.59

Going International Holding Co Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Days Payable Get a 7-Day Free Trial 0.00 48.41 18.42 16.13 11.44

GIT vs : Days Payable Comparison

For the Software - Application subindustry, Going International Holding Co'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.

Going International Holding Co Days Payable vs Software Industry

For the Software industry and Technology sector, Going International Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Going International Holding Co's Days Payable falls into.


Going International Holding Co 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.

Going International Holding Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0 + 0.191) / 1 ) / 1.301*365
=0.191 / 1.301*365
=53.59

Going International Holding Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (0.088 + 0.068) / 2 ) / 1.244*365 / 2
=0.078 / 1.244*365 / 2
=11.44

* 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 11.44 mean?
Going International Holding Co (GIT) has a Days Payable of 11.44 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Going International Holding Co and its competitors.
Is Going International Holding Co's Days Payable too high?
Going International Holding Co's current Days Payable is 11.44. The Software industry median Days Payable is 53.96. Going International Holding Co's value of 11.44 is 78.8% below this industry median.
How does Going International Holding Co's Days Payable compare to ?
Going International Holding Co's Days Payable of 11.44 can be compared against companies in the Software industry. The industry median Days Payable is 53.96. Going International Holding Co's value of 11.44 is 78.8% below 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 Software company?
The median Days Payable among Software companies is 53.96, based on 2,604 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. Going International Holding Co's current Days Payable of 11.44 is 78.8% below 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 Going International Holding Co and its competitors. For the Software industry, the median Days Payable is 53.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Going International Holding Co's current Days Payable is 11.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Going International Holding Co stock overvalued right now?
Going International Holding Co (GIT) has a current Days Payable of 11.44. The current Days Payable is 11.44 and 78.8% below the Software industry median of 53.96. 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 Going International Holding Co (GIT), the current Days Payable is 11.44 as of Mar. 2025. 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.

Going International Holding Co Business Description

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Address No. 3099 Keyuan South Road, Yuehai Street, 46F, China Energy Storage Building, High-tech Zone Community, Nanshan District, Shenzhen, CHN
Going International Holding Co Ltd is a back-testing solution engaged in quantitative trading strategies development and related services. It offers back-testing SaaS platform, enterprise management SaaS solutions and software system development services. Back-testing SaaS platform integrates data, strategies, and distributed task scheduling for computing power resources to provide customers with high-performance back-testing tools and computing power services to test the effectiveness of investment strategies. Enterprise management SaaS products offer innovative and comprehensive functionalities including omni-channel marketing, customer relationship management, and business reporting.