SAI.TECH Global (SAI.TECH Global) Days Payable : 34.22 (As of Dec. 2023)

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What is SAI.TECH Global Days Payable?

SAI.TECH Global's average Accounts Payable for the six months ended in Dec. 2023 was $0.65 Mil. SAI.TECH Global's Cost of Goods Sold for the six months ended in Dec. 2023 was $3.47 Mil. Hence, SAI.TECH Global's Days Payable for the six months ended in Dec. 2023 was 34.22.

The historical rank and industry rank for SAI.TECH Global's Days Payable or its related term are showing as below:

SAI' s Days Payable Range Over the Past 10 Years
Min: 6.07 Med: 15.7 Max: 28.25
Current: 28.25

During the past 5 years, SAI.TECH Global's highest Days Payable was 28.25. The lowest was 6.07. And the median was 15.70.

SAI's Days Payable is ranked worse than
71.37% of 524 companies
in the Capital Markets industry
Industry Median: 96.58 vs SAI: 28.25

SAI.TECH Global's Days Payable increased from Dec. 2022 (6.07) to Dec. 2023 (34.22). It may suggest that SAI.TECH Global delayed paying its suppliers.

SAI.TECH Global Days Payable Historical Data

The historical data trend for SAI.TECH Global'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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SAI.TECH Global Days Payable Chart

SAI.TECH Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

16.26

15.13

27.40

6.07

SAI.TECH Global Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			24.95	26.95	6.07	45.58	34.22

Competitive Comparison of SAI.TECH Global's Days Payable

For the Capital Markets subindustry, SAI.TECH Global'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.

SAI.TECH Global's Days Payable Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SAI.TECH Global's Days Payable distribution charts can be found below:

* The bar in red indicates where SAI.TECH Global's Days Payable falls into.

SAI.TECH Global 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.

SAI.TECH Global'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
=	( (0.165	+	0.045)	/	2 )	/	6.319	*	365
=	0.105					/	6.319	*	365
=	6.07

SAI.TECH Global'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
=	( (1.257	+	0.045)	/	2 )	/	3.472	*	365 / 2
=	0.651					/	3.472	*	365 / 2
=	34.22

SAI.TECH Global Days Payable Related Terms

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SAI.TECH Global (SAI.TECH Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SAI.TECH Global Corp (NAS:SAI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

195 Pearl’s Hill Terrace, Number 01-05, Singapore, SGP, 168976

Website

https://www.sai.tech

SAI.TECH Global Corp is an energy saving mining operator that engages in the hosting of bitcoin mining machines for its clients. It uses a proprietary liquid cooling and heat exchange technology towards mining machines that enables utilization of waste heat to provide recycled energy heating for potential customers while achieving lower mining operating costs. The Company has two reportable segments namely equipment sales & hosting and mining pool business.

Executives

Michael Davidov	director	60 EAST 42 STREET, NEW YORK NY 10165
Tao Jiang	director	3 STONER AVE, GREAT NECK NY 11021
Luqi Wen	officer: CFO and Secretary	3 STONER AVE, GREAT NECK NY 11021
Jianwei Li	director, 10 percent owner, officer: Chairman and Co-CEO	3 STONER AVE, GREAT NECK NY 11021
David Xianglin Li	director	3 STONER AVE, GREAT NECK NY 11021
Tradeup Global Sponsor Llc	director, 10 percent owner	3 STONER AVE, GREAT NECK NY 11021
Lei Huang	officer: Co-Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021