ZKH (ZKH Group) Days Payable : 121.94 (As of Sep. 2024)

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What is ZKH Group Days Payable?

ZKH Group's average Accounts Payable for the three months ended in Sep. 2024 was $357 Mil. ZKH Group's Cost of Goods Sold for the three months ended in Sep. 2024 was $267 Mil. Hence, ZKH Group's Days Payable for the three months ended in Sep. 2024 was 121.94.

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

ZKH' s Days Payable Range Over the Past 10 Years
Min: 108.1 Med: 122.57 Max: 137.9
Current: 130.17

During the past 5 years, ZKH Group's highest Days Payable was 137.90. The lowest was 108.10. And the median was 122.57.

ZKH's Days Payable is ranked better than
82.55% of 1089 companies
in the Retail - Cyclical industry
Industry Median: 55 vs ZKH: 130.17

ZKH Group's Days Payable declined from Sep. 2023 (134.58) to Sep. 2024 (121.94). It may suggest that ZKH Group accelerated paying its suppliers.

ZKH Group Days Payable Historical Data

The historical data trend for ZKH Group'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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ZKH Group Days Payable Chart

ZKH Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

108.10

122.57

137.90

138.06

ZKH Group Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial					126.30	157.04	121.46	121.94	119.54

Competitive Comparison of ZKH Group's Days Payable

For the Internet Retail subindustry, ZKH Group'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.

ZKH Group's Days Payable Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, ZKH Group's Days Payable distribution charts can be found below:

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

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ZKH Group 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.

ZKH Group'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
=	( (366.536	+	402.681)	/	2 )	/	1018.003	*	365
=	384.6085					/	1018.003	*	365
=	137.90

ZKH Group's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (358.251	+	356.495)	/	2 )	/	267.422	*	365 / 4
=	357.373					/	267.422	*	365 / 4
=	121.94

ZKH Group Days Payable Related Terms

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ZKH Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ZKH Group Ltd (NYSE:ZKH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 36 Shenbin Road, 7th Floor, Tower 4, Libao Plaza, Minhang District, Shanghai, CHN, 201106

Website

https://www.zkh.com

ZKH Group Ltd engages in providing MRO procurement service platform in China. It provides one-stop MRO procurement and management services for its customers, and offers digital and fulfillment solutions for participants along the industry value chain. It offers a broad range of MRO product offerings covering all MRO product lines on its platform, including spare parts, chemicals, manufacturing parts, general consumables, and office supplies. All of the Group's revenues are derived from the PRC.