XD (XDNCF) Days Payable : 53.78 (As of Dec. 2023)

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What is XD Days Payable?

XD's average Accounts Payable for the six months ended in Dec. 2023 was $25.0 Mil. XD's Cost of Goods Sold for the six months ended in Dec. 2023 was $84.7 Mil. Hence, XD's Days Payable for the six months ended in Dec. 2023 was 53.78.

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

XDNCF' s Days Payable Range Over the Past 10 Years
Min: 20.48 Med: 48.98 Max: 55.58
Current: 51.99

During the past 8 years, XD's highest Days Payable was 55.58. The lowest was 20.48. And the median was 48.98.

XDNCF's Days Payable is ranked worse than
53.7% of 432 companies
in the Interactive Media industry
Industry Median: 60.97 vs XDNCF: 51.99

XD's Days Payable declined from Dec. 2022 (62.74) to Dec. 2023 (53.78). It may suggest that XD accelerated paying its suppliers.

XD Days Payable Historical Data

The historical data trend for XD'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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XD Days Payable Chart

XD Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

52.03

48.81

45.19

48.94

55.67

XD Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial								43.95	60.63	62.74	47.26	53.78

Competitive Comparison of XD's Days Payable

For the Electronic Gaming & Multimedia subindustry, XD'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.

XD's Days Payable Distribution in the Interactive Media Industry

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

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

XD 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.

XD'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
=	( (29.125	+	27.297)	/	2 )	/	184.977	*	365
=	28.211					/	184.977	*	365
=	55.67

XD'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
=	( (22.64	+	27.297)	/	2 )	/	84.722	*	365 / 2
=	24.9685					/	84.722	*	365 / 2
=	53.78

XD Days Payable Related Terms

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XD (XDNCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » XD Inc (OTCPK:XDNCF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

02400:Hong Kong 3OE:Germany

Address

Wanrong Road, Unit A2, No. 700, Shanghai, CHN

Website

www.2400.hk

XD Inc is engaged in the development, operation, publishing, and distribution of mobile and web games and the provision of information services in China and overseas. It also operates TapTap, a game community and platform in China. It has two operating segments. The game segment, which is the key revenue driver, offers game publishing and operating services on its own and via other distribution channels. Revenues from this segment are derived from game publishing and operating services. The information service segment offers online marketing services to game developers, game publishers, or their agents. Revenues from this segment are derived from performance-based online marketing services.

XD (XDNCF) Headlines

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