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Viomi Technology Co (Viomi Technology Co) Days Payable : 74.78 (As of Dec. 2023)


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What is Viomi Technology Co Days Payable?

Viomi Technology Co's average Accounts Payable for the three months ended in Dec. 2023 was $104.0 Mil. Viomi Technology Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $126.9 Mil. Hence, Viomi Technology Co's Days Payable for the three months ended in Dec. 2023 was 74.78.

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

VIOT' s Days Payable Range Over the Past 10 Years
Min: 75.96   Med: 100.55   Max: 315.46
Current: 315.46

During the past 8 years, Viomi Technology Co's highest Days Payable was 315.46. The lowest was 75.96. And the median was 100.55.

VIOT's Days Payable is ranked better than
97.54% of 406 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.135 vs VIOT: 315.46

Viomi Technology Co's Days Payable declined from Jun. 2022 (117.01) to Dec. 2023 (74.78). It may suggest that Viomi Technology Co accelerated paying its suppliers.


Viomi Technology Co Days Payable Historical Data

The historical data trend for Viomi Technology Co'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.

Viomi Technology Co Days Payable Chart

Viomi Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 82.01 75.96 90.87 147.30 145.21

Viomi Technology Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.01 144.91 109.19 - 74.78

Competitive Comparison of Viomi Technology Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Viomi Technology Co'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.


Viomi Technology Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Viomi Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Viomi Technology Co's Days Payable falls into.



Viomi Technology Co 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.

Viomi Technology Co'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
=( (121.069 + 93.321) / 2 ) / 269.442*365
=107.195 / 269.442*365
=145.21

Viomi Technology Co'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
=( (114.708 + 93.321) / 2 ) / 126.926*365 / 4
=104.0145 / 126.926*365 / 4
=74.78

* 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.


Viomi Technology Co Days Payable Related Terms

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Viomi Technology Co (Viomi Technology Co) Business Description

Traded in Other Exchanges
N/A
Address
Xingang East Road, Wansheng Square, Room 1302 Tower C, Haizhu District, Guangdong, Guangzhou, CHN, 510220
Viomi Technology Co Ltd along with its subsidiaries provides Internet of Things (IoT) enabled smart home products through its platform. It has developed an IoT Home platform, consisting of an ecosystem of IoT Home portfolio, and home water solutions, together with a suite of complementary consumable products and small appliances and others. Its product offerings include Smart kitchen products like refrigerators, oven steamers, dishwashers, and gas stoves, Other smart products such as air conditioning systems, washing machines, water heaters, smart water kettles, interactive smart screens, and other smart devices, and Home water solutions include self-branded and Xiaomi-branded smart water purifiers.