Yidu Tech (HKSE:02158) Days Payable : 144.27 (As of Sep. 2023)

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What is Yidu Tech Days Payable?

Yidu Tech's average Accounts Payable for the six months ended in Sep. 2023 was HK$186.8 Mil. Yidu Tech's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$236.3 Mil. Hence, Yidu Tech's Days Payable for the six months ended in Sep. 2023 was 144.27.

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

HKSE:02158' s Days Payable Range Over the Past 10 Years
Min: 5.29 Med: 63.04 Max: 155.73
Current: 155.73

During the past 6 years, Yidu Tech's highest Days Payable was 155.73. The lowest was 5.29. And the median was 63.04.

HKSE:02158's Days Payable is ranked better than
78.51% of 591 companies
in the Healthcare Providers & Services industry
Industry Median: 61.63 vs HKSE:02158: 155.73

Yidu Tech's Days Payable increased from Sep. 2022 (104.75) to Sep. 2023 (144.27). It may suggest that Yidu Tech delayed paying its suppliers.

Yidu Tech Days Payable Historical Data

The historical data trend for Yidu Tech'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.

Yidu Tech Days Payable Chart

Yidu Tech Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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45.33

62.11

65.15

63.97

133.70

Yidu Tech Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial					49.47	60.30	104.75	166.60	144.27

Competitive Comparison of Yidu Tech's Days Payable

For the Health Information Services subindustry, Yidu Tech'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.

Yidu Tech's Days Payable Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Yidu Tech's Days Payable distribution charts can be found below:

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

Yidu Tech 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.

Yidu Tech's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (259.672	+	182.724)	/	2 )	/	603.861	*	365
=	221.198					/	603.861	*	365
=	133.70

Yidu Tech's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (182.724	+	190.857)	/	2 )	/	236.29	*	365 / 2
=	186.7905					/	236.29	*	365 / 2
=	144.27

Yidu Tech Days Payable Related Terms

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Yidu Tech (HKSE:02158) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Yidu Tech Inc (HKSE:02158) » Definitions » Days Payable

Comparable Companies

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0EL:Germany

Address

No.9 Building of Huayuan North Road, 8th Floor Health Work, Haidian District, Beijing, CHN

Website

https://www.yidutechgroup.com

Yidu Tech offers healthcare Big Data. It is an AI cloud-based firm providing solutions and tools to aid in more informed decisions to drive better efficiency in clients' strategies. Its clients are hospitals, pharmaceutical, biotech and medical device firms, research institutions, insurance companies, patients, and regulators. It three business segments are: Big Data platform and solutions, which partners with hospitals and policymakers to drive better efficiency; life sciences solutions, which enables better probability of clinical trial success with less drug development time and cost; and health management solutions, which helps with patient management. The Big Data platform accounted for 33% of revenue, life science solutions 30%, and health management solutions 27%, in fiscal 2022.

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