ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Days Payable : 30.61 (As of Mar. 2024)

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What is ZEEKR Intelligent Technology Holding Days Payable?

ZEEKR Intelligent Technology Holding's average Accounts Payable for the three months ended in Mar. 2024 was $605 Mil. ZEEKR Intelligent Technology Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,805 Mil. Hence, ZEEKR Intelligent Technology Holding's Days Payable for the three months ended in Mar. 2024 was 30.61.

The historical rank and industry rank for ZEEKR Intelligent Technology Holding's Days Payable or its related term are showing as below:

ZK' s Days Payable Range Over the Past 10 Years
Min: 32.61 Med: 51.58 Max: 69.75
Current: 63.74

During the past 4 years, ZEEKR Intelligent Technology Holding's highest Days Payable was 69.75. The lowest was 32.61. And the median was 51.58.

ZK's Days Payable is ranked worse than
52.85% of 1264 companies
in the Vehicles & Parts industry
Industry Median: 66.61 vs ZK: 63.74

ZEEKR Intelligent Technology Holding's Days Payable increased from Dec. 2022 (26.59) to Mar. 2024 (30.61). It may suggest that ZEEKR Intelligent Technology Holding delayed paying its suppliers.

ZEEKR Intelligent Technology Holding Days Payable Historical Data

The historical data trend for ZEEKR Intelligent Technology Holding'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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ZEEKR Intelligent Technology Holding Days Payable Chart

ZEEKR Intelligent Technology Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

68.15

69.75

35.01

32.61

ZEEKR Intelligent Technology Holding Quarterly Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial					26.59	43.32	32.20	-	30.61

Competitive Comparison of ZEEKR Intelligent Technology Holding's Days Payable

For the Auto Manufacturers subindustry, ZEEKR Intelligent Technology Holding'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.

ZEEKR Intelligent Technology Holding's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZEEKR Intelligent Technology Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where ZEEKR Intelligent Technology Holding's Days Payable falls into.

ZEEKR Intelligent Technology Holding 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.

ZEEKR Intelligent Technology Holding'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
=	( (546.9	+	574.874)	/	2 )	/	6277.428	*	365
=	560.887					/	6277.428	*	365
=	32.61

ZEEKR Intelligent Technology Holding's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (574.874	+	635.815)	/	2 )	/	1804.819	*	365 / 4
=	605.3445					/	1804.819	*	365 / 4
=	30.61

ZEEKR Intelligent Technology Holding Days Payable Related Terms

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ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ZEEKR Intelligent Technology Holding Ltd (NYSE:ZK) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1388 Minshan Road, Xinqi Street, Beilun District, Zhejiang, Ningbo, CHN

Website

https://www.zeekrlife.com

ZEEKR Intelligent Technology Holding Ltd is a fast-growing BEV technology company. By developing and offering next-generation premium BEVs and technology-driven solutions, It aspires to lead the automobile industry's electrification, intelligentization and innovation. Since its inception, It has focused on innovation in BEV architecture, hardware, software, and application of new technologies. It is principally engaged in the commercialization and sales of electric vehicles and batteries, and the provision of automotive-related research and development services.

ZEEKR Intelligent Technology Holding (ZEEKR Intelligent Technology Holding) Headlines

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