ECARX Holdings (ECARX Holdings) Days Payable : 109.04 (As of Dec. 2023)

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What is ECARX Holdings Days Payable?

ECARX Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $240.5 Mil. ECARX Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $201.3 Mil. Hence, ECARX Holdings's Days Payable for the three months ended in Dec. 2023 was 109.04.

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

ECX' s Days Payable Range Over the Past 10 Years
Min: 141.67 Med: 179.12 Max: 205.52
Current: 158.6

During the past 4 years, ECARX Holdings's highest Days Payable was 205.52. The lowest was 141.67. And the median was 179.12.

ECX's Days Payable is ranked better than
86.62% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs ECX: 158.60

ECARX Holdings's Days Payable declined from Dec. 2022 (139.94) to Dec. 2023 (109.04). It may suggest that ECARX Holdings accelerated paying its suppliers.

ECARX Holdings Days Payable Historical Data

The historical data trend for ECARX Holdings'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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ECARX Holdings Days Payable Chart

ECARX Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

141.67

179.12

205.52

ECARX Holdings Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial					139.94	215.77	154.69	160.19	109.04

Competitive Comparison of ECARX Holdings's Days Payable

For the Auto Parts subindustry, ECARX Holdings'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.

ECARX Holdings's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ECARX Holdings's Days Payable distribution charts can be found below:

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

ECARX Holdings 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.

ECARX Holdings'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
=	( (241.973	+	293.656)	/	2 )	/	475.634	*	365
=	267.8145					/	475.634	*	365
=	205.52

ECARX Holdings'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
=	( (187.369	+	293.656)	/	2 )	/	201.271	*	365 / 4
=	240.5125					/	201.271	*	365 / 4
=	109.04

ECARX Holdings Days Payable Related Terms

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ECARX Holdings (ECARX Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ECARX Holdings Inc (NAS:ECX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 St. Katharine’s Way, ECARX office, 2nd Floor South, International House, London, GBR, E1W 1UN

Website

https://www.ecarxgroup.com

ECARX Holdings Inc is engaged in the sales of system-on-chip core modules, automotive computing platform products, software stacks as well as the provision of research and development services primarily in the People's Republic of China. The company's core products include infotainment head units, digital cockpits, vehicle chip-set solutions, a core operating system and integrated software stack. Beyond this, ECARX is developing a full-stack automotive computing platform. It is engaged in automotive intelligence and networking.

Executives

Jun Hong Heng

director

C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108