Baidu (BIDU) Days Payable

: 194.09 (As of Dec. 2023)

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Baidu's average Accounts Payable for the three months ended in Dec. 2023 was $5,189 Mil. Baidu's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,439 Mil. Hence, Baidu's Days Payable for the three months ended in Dec. 2023 was 194.09.

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

BIDU' s Days Payable Range Over the Past 10 Years
Min: 203.43 Med: 211.69 Max: 211.69
Current: 203.43

During the past 13 years, Baidu's highest Days Payable was 211.69. The lowest was 203.43. And the median was 211.69.

BIDU's Days Payable is ranked better than
80.18% of 434 companies
in the Interactive Media industry
Industry Median: 60.91 vs BIDU: 203.43

Baidu's Days Payable declined from Dec. 2022 (206.92) to Dec. 2023 (194.09). It may suggest that Baidu accelerated paying its suppliers.

Baidu Days Payable Historical Data

The historical data trend for Baidu'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.

Baidu Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

211.69

Baidu Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																206.92	205.02	201.57	206.98	194.09

Competitive Comparison

For the Internet Content & Information subindustry, Baidu'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.

Baidu Days Payable Distribution

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

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

Baidu 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.

Baidu'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
=	( (0	+	5282.345)	/	1 )	/	9107.728	*	365
=	5282.345					/	9107.728	*	365
=	211.69

Baidu'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
=	( (5095.164	+	5282.345)	/	2 )	/	2439.428	*	365 / 4
=	5188.7545					/	2439.428	*	365 / 4
=	194.09

Baidu Days Payable Related Terms

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Baidu (BIDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Baidu Inc (NAS:BIDU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BAIDF:USA BIDU80:Thailand BIDU:Peru BIDUN:Mexico 09888:Hong Kong 0HL1:UK B1CB:Germany B1CB:Germany B1CB:Germany B1C:Germany B1C:Germany B1C:Germany BIDU34:Brazil BIDU:Austria BIDU:Argentina

Address

No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085

Website

https://ir.baidu.com

Baidu is the largest internet search engine in China with 84% share of the search engine market in September 2021 per web analytics firm, Statcounter. The firm generated 72% of core revenue from online marketing services from its search engine in 2022. Outside its search engine, Baidu is a technology-driven company and its other major growth initiatives are artificial intelligence cloud, video streaming services, voice recognition technology, and autonomous driving.