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TI Cloud (HKSE:02167) Days Payable : 41.36 (As of Dec. 2023)


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What is TI Cloud Days Payable?

TI Cloud's average Accounts Payable for the six months ended in Dec. 2023 was HK$30.1 Mil. TI Cloud's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$132.6 Mil. Hence, TI Cloud's Days Payable for the six months ended in Dec. 2023 was 41.36.

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

HKSE:02167' s Days Payable Range Over the Past 10 Years
Min: 24.33   Med: 41.78   Max: 44.2
Current: 44.14

During the past 5 years, TI Cloud's highest Days Payable was 44.20. The lowest was 24.33. And the median was 41.78.

HKSE:02167's Days Payable is ranked worse than
54.1% of 2538 companies
in the Software industry
Industry Median: 50.19 vs HKSE:02167: 44.14

TI Cloud's Days Payable declined from Dec. 2022 (56.57) to Dec. 2023 (41.36). It may suggest that TI Cloud accelerated paying its suppliers.


TI Cloud Days Payable Historical Data

The historical data trend for TI Cloud'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.

TI Cloud Days Payable Chart

TI Cloud Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
41.78 33.93 24.33 42.25 44.20

TI Cloud Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial 27.06 42.40 56.57 47.12 41.36

Competitive Comparison of TI Cloud's Days Payable

For the Software - Infrastructure subindustry, TI Cloud'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.


TI Cloud's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where TI Cloud's Days Payable falls into.



TI Cloud 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.

TI Cloud'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
=( (31.987 + 29.485) / 2 ) / 253.834*365
=30.736 / 253.834*365
=44.20

TI Cloud'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (30.616 + 29.485) / 2 ) / 132.588*365 / 2
=30.0505 / 132.588*365 / 2
=41.36

* 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.


TI Cloud Days Payable Related Terms

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TI Cloud (HKSE:02167) Business Description

Traded in Other Exchanges
N/A
Address
Ronghua South Road, 28-29/F, No.1 Building, 2nd Compound, Beijing Economic and Technological Development Zon, Beijing, CHN
TI Cloud Inc offers a broad array of cloud-native customer contact solutions, which are communication solutions that enable enterprises to engage in multi-channel customer interactions. The company's solutions are rooted in a cloud-native, secure, and reliable platform, empowering businesses to create exceptional customer communication experiences and intelligent ways of conducting sales, marketing, customer service, and other business functions.
Executives
Ti Yun Limited 2306 Nominee for another person
Tricor Trust (hong Kong) Limited 2301 Trustee
Agora, Inc. 2101 Beneficial owner
Wu Qiang
Hanyun Inc.
Xinyun Inc.
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Wisdom Extra Limited 2201 Interest of corporation controlled by you
Eastup Holding Limited 2101 Beneficial owner
Technolo-jin Co., Ltd 2501 Other
Pan Wei 2501 Other
Li Jin 2501 Other
Flyflux Holding Limited 2501 Other
Connect The Unconnected Limited 2501 Other
An Jingbo 2501 Other

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