PTHL (Pheton Holdings) Days Payable : 52.83 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Pheton Holdings Days Payable?

Pheton Holdings's average Accounts Payable for the six months ended in Dec. 2024 was $0.01 Mil. Pheton Holdings's Cost of Goods Sold for the six months ended in Dec. 2024 was $0.04 Mil. Hence, Pheton Holdings's Days Payable for the six months ended in Dec. 2024 was 52.83.

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

PTHL' s Days Payable Range Over the Past 10 Years
Min: 33.5 Med: 64.32 Max: 78.21
Current: 73.74

During the past 4 years, Pheton Holdings's highest Days Payable was 78.21. The lowest was 33.50. And the median was 64.32.

PTHL's Days Payable is ranked better than
52.97% of 791 companies
in the Medical Devices & Instruments industry
Industry Median: 69.21 vs PTHL: 73.74

Pheton Holdings's Days Payable increased from Dec. 2023 (34.47) to Dec. 2024 (52.83). It may suggest that Pheton Holdings delayed paying its suppliers.

Pheton Holdings Days Payable Historical Data

The historical data trend for Pheton Holdings'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.

Pheton Holdings Days Payable Chart

Pheton Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Days Payable

78.21

52.36

33.50

76.27

Pheton Holdings Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Payable	Get a 7-Day Free Trial			63.88	36.23	34.47	97.77	52.83

Competitive Comparison of Pheton Holdings's Days Payable

For the Medical Devices subindustry, Pheton Holdings'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.

Pheton Holdings's Days Payable Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Pheton Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Pheton Holdings's Days Payable falls into.

Save Embed

;

Save Embed

;

Pheton Holdings 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.

Pheton Holdings's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0.018	+	0.01)	/	2 )	/	0.067	*	365
=	0.014					/	0.067	*	365
=	76.27

Pheton Holdings's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0.012	+	0.01)	/	2 )	/	0.038	*	365 / 2
=	0.011					/	0.038	*	365 / 2
=	52.83

Pheton Holdings Days Payable Related Terms

Thank you for viewing the detailed overview of Pheton Holdings's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Pheton Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Pheton Holdings Ltd (NAS:PTHL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hong Jun Ying South Road, Room 306, NET Building, Chaoyang District, Beijing, CHN, 100101

Website

http://www.ftzy.com.cn

Pheton Holdings Ltd is a healthcare solutions provider dedicated to developing and commercializing treatment software and devices used for brachytherapy. Its proprietary treatment planning system is a type of radiation therapy used in treating cancer patients by placing radioactive sources inside the patient that kill cancer cells and shrink tumors. Its proprietary treatment planning system, FTTPS, is designed to promote the efficiency, accuracy, and safety of brachytherapy. FTTPS is a user-oriented treatment planning system, or TPS, for treating a wide variety of malignant tumors, which can determine the target volume, prescription dose, and dose limitation to protect OARs and produce a safe, effective, and accurate dose distribution plan for brachytherapy for cancer patients.

Pheton Holdings Headlines

From GuruFocus

Pheton Holdings Ltd Announces Closing of Initial Public Offering

By Marketwired • 09-06-2024

Pheton Holdings Ltd Announces Pricing of Initial Public Offering

By Marketwired • 09-05-2024