QTTOY (Qutoutiao) Days Payable: 245.11 (As of Dec. 2024) — 110% Above Median

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What is Qutoutiao Days Payable?

Qutoutiao QTTOY -97.00% Days Payable is 245.11 as of Dec. 2024, which is 110% above its 10-year median of 116.99. The stock has 5 warning signs investors should review. Among 429 Interactive Media companies, Qutoutiao ranks better than 78.79% on this metric.

Qutoutiao's average Accounts Payable for the six months ended in Dec. 2024 was $51.7 Mil. Qutoutiao's Cost of Goods Sold for the six months ended in Dec. 2024 was $77.0 Mil. Hence, Qutoutiao's Days Payable for the six months ended in Dec. 2024 was 122.56.

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

QTTOY' s Days Payable Range Over the Past 10 Years
Min: 51.39   Med: 116.99   Max: 390.69
Current: 245.11

During the past 9 years, Qutoutiao's highest Days Payable was 390.69. The lowest was 51.39. And the median was 116.99.

QTTOY's Days Payable is ranked better than
78.79% of 429 companies
in the Interactive Media industry
Industry Median: 65.5 vs QTTOY: 245.11

Qutoutiao's Days Payable increased from Dec. 2022 (239.54) to Dec. 2024 (245.11). It may suggest that Qutoutiao delayed paying its suppliers.


Qutoutiao Days Payable Historical Data

* Premium members only.

The historical data trend for Qutoutiao'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.

Qutoutiao Days Payable Chart

Qutoutiao Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only 82.30 116.99 239.54 344.06 245.11

Qutoutiao Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable Get a 7-Day Free Trial Premium Member Only 82.30 116.99 239.54 344.06 245.11

QTTOY vs FRZT, GOOGL, META: Days Payable Comparison

For the Internet Content & Information subindustry, Qutoutiao'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.


Qutoutiao Days Payable vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Qutoutiao's Days Payable distribution charts can be found below:

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



Qutoutiao 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.

Qutoutiao'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
=( (53.16 + 50.209) / 2 ) / 76.964*365
=51.6845 / 76.964*365
=245.11

Qutoutiao'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: Dec. 2023 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (53.16 + 50.209) / 2 ) / 76.964*365 / 2
=51.6845 / 76.964*365 / 2
=122.56

* 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 245.11 mean?
Qutoutiao (QTTOY) has a Days Payable of 245.11 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Qutoutiao and its competitors. This is 110% above median its historical median of 116.99. Over the past decade, Qutoutiao's Days Payable has ranged from 51.39 to 390.69. According to the industry distribution chart, Qutoutiao ranks #91 out of 429 companies in the Interactive Media industry, placing it in the top 21.2%.
Is Qutoutiao's Days Payable too high?
Qutoutiao's current Days Payable of 245.11 is 110% above median its 10-year median of 116.99. Over the past 10 years, this metric has ranged from a low of 51.39 to a high of 390.69. The Interactive Media industry median Days Payable is 65.50. Qutoutiao's value of 245.11 is 274.2% above this industry median. Based on the distribution chart, Qutoutiao ranks #91 out of 429 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers.
How does Qutoutiao's Days Payable compare to FRZT and GOOGL?
According to the Interactive Media industry distribution chart, Qutoutiao ranks #91 out of 429 companies for Days Payable. This places Qutoutiao in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 65.50. Qutoutiao's value of 245.11 is 274.2% above this benchmark. Historically, Qutoutiao's own Days Payable has ranged from 51.39 to 390.69 over the past decade. While the company's 10-year median is 116.99 vs. the industry median of 65.50, Qutoutiao has consistently been above the industry average. 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 an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.50, based on 429 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. Qutoutiao's current Days Payable of 245.11 is 274.2% above 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 Qutoutiao and its competitors. For the Interactive Media industry, the median Days Payable is 65.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qutoutiao's current Days Payable is 245.11, which is 110% above median its own 10-year median of 116.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qutoutiao stock overvalued right now?
Based on GuruFocus' analysis, Qutoutiao (QTTOY) is currently considered Possible Value Trap. The stock's GF Value™ is $0.03, compared to a current price of $0.00 — trading 99% below its estimated fair value. The current Days Payable is 245.11, which is 110% above median its 10-year median of 116.99 and 274.2% above the Interactive Media industry median of 65.50. 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 Qutoutiao (QTTOY), the current Days Payable is 245.11 as of Dec. 2024. 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.

Qutoutiao Business Description

Address 519 Yi De Road, Building No. 2, Shanghai Pudong Software Park, Pudong New Area, Shanghai, CHN, 200124
Qutoutiao Inc is a mobile content platform company in China. Its flagship mobile application, Qutoutiao, aggregates articles and short videos from professional media and freelancers and presents customized feeds to users. It has also launched a mobile literature application, Midu Novels, which offers users free literature supported by advertising. The mobile literature applications, Midu Novels, and Midu Lite, source content from traditional PC-based online literature platforms, which provide a license to publish their literature content on Midu Novels for a fee and offer pieces of literature. The company generates revenue by providing advertising and marketing services.