Weimob (HKSE:02013) Days Payable : 37.10 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Weimob Days Payable?

Weimob's average Accounts Payable for the six months ended in Dec. 2023 was HK$78 Mil. Weimob's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$384 Mil. Hence, Weimob's Days Payable for the six months ended in Dec. 2023 was 37.10.

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

HKSE:02013' s Days Payable Range Over the Past 10 Years
Min: 1.14 Med: 55.09 Max: 174.93
Current: 30.53

During the past 9 years, Weimob's highest Days Payable was 174.93. The lowest was 1.14. And the median was 55.09.

HKSE:02013's Days Payable is ranked worse than
66.77% of 2531 companies
in the Software industry
Industry Median: 50.36 vs HKSE:02013: 30.53

Weimob's Days Payable increased from Dec. 2022 (17.57) to Dec. 2023 (37.10). It may suggest that Weimob delayed paying its suppliers.

Weimob Days Payable Historical Data

The historical data trend for Weimob'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.

Weimob Days Payable Chart

Weimob Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

63.71

100.22

174.93

46.46

18.64

Weimob Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial											148.77	54.72	17.57	35.92	37.10

Competitive Comparison of Weimob's Days Payable

For the Software - Application subindustry, Weimob'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.

Weimob's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Weimob's Days Payable distribution charts can be found below:

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

Weimob 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.

Weimob'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
=	( (48.216	+	34.916)	/	2 )	/	813.946	*	365
=	41.566					/	813.946	*	365
=	18.64

Weimob'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
=	( (121.114	+	34.916)	/	2 )	/	383.748	*	365 / 2
=	78.015					/	383.748	*	365 / 2
=	37.10

Weimob Days Payable Related Terms

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

Weimob (HKSE:02013) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Weimob Inc (HKSE:02013) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

36W:Germany

Address

258 Changjiang Road, Weimob Building, Baoshan District, Shanghai, CHN

Website

https://www.weimob.com

Weimob Inc is a provider of cloud business and marketing solutions for small and medium-sized enterprises in China. The company operates in three segments: Subscription solutions, Merchant solutions, and Digital media. It provides SaaS and other software in its Subscription Solutions segment for e-commerce, Retail, catering, hotel, local life, and other industries, enabling merchants to carry out private traffic management. The company helps merchants obtain public domain traffic and support them to achieve digital upgrade with full chain services and operations through its Merchant Solutions segment. Digital Media mainly comprises its advertisement placement services offered to certain merchants.

Weimob (HKSE:02013) Headlines

No Headlines