Huize Holding (Huize Holding) Days Payable : 133.77 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Huize Holding Days Payable?

Huize Holding's average Accounts Payable for the three months ended in Dec. 2023 was $28.0 Mil. Huize Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was $19.1 Mil. Hence, Huize Holding's Days Payable for the three months ended in Dec. 2023 was 133.77.

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

HUIZ' s Days Payable Range Over the Past 10 Years
Min: 33.84 Med: 76.81 Max: 250.27
Current: 120.78

During the past 7 years, Huize Holding's highest Days Payable was 250.27. The lowest was 33.84. And the median was 76.81.

HUIZ's Days Payable is ranked better than
71.43% of 49 companies
in the Insurance industry
Industry Median: 48.44 vs HUIZ: 120.78

Huize Holding's Days Payable declined from Dec. 2022 (164.36) to Dec. 2023 (133.77). It may suggest that Huize Holding accelerated paying its suppliers.

Huize Holding Days Payable Historical Data

The historical data trend for Huize 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.

* Premium members only.

Huize Holding Days Payable Chart

Huize Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

57.60

76.81

97.36

250.27

117.08

Huize Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															164.36	135.29	107.81	117.62	133.77

Competitive Comparison of Huize Holding's Days Payable

For the Insurance Brokers subindustry, Huize 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.

Huize Holding's Days Payable Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Huize Holding's Days Payable distribution charts can be found below:

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

Huize 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.

Huize 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
=	( (37.619	+	29.678)	/	2 )	/	104.9	*	365
=	33.6485					/	104.9	*	365
=	117.08

Huize Holding'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (26.282	+	29.678)	/	2 )	/	19.086	*	365 / 4
=	27.98					/	19.086	*	365 / 4
=	133.77

Huize Holding Days Payable Related Terms

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

Huize Holding (Huize Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Huize Holding Ltd (NAS:HUIZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianhai Financial Centre, Linhai Avenue, 49 Floor, Building T1, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN, 518000

Website

https://www.huize.com

Huize Holding Ltd is an independent online insurance product and service platform in China. The company distributes on its platform insurance products underwritten by the insurance companies who cooperate with the company, who the company refers to as its insurer partners, and helps them reach a large number of insurance clients. The company's platform offers digitalized insurance purchase experience and services through various internet and mobile internet channels. The company primarily generates revenues from the insurance brokerage fees paid by its insurer partners.