Keep (HKSE:03650) Days Payable : 49.84 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Keep Days Payable?

Keep's average Accounts Payable for the six months ended in Jun. 2023 was HK$168 Mil. Keep's Cost of Goods Sold for the six months ended in Jun. 2023 was HK$614 Mil. Hence, Keep's Days Payable for the six months ended in Jun. 2023 was 49.84.

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

HKSE:03650' s Days Payable Range Over the Past 10 Years
Min: 30.65 Med: 40.62 Max: 47.98
Current: 47.98

During the past 5 years, Keep's highest Days Payable was 47.98. The lowest was 30.65. And the median was 40.62.

HKSE:03650's Days Payable is ranked worse than
51.72% of 2531 companies
in the Software industry
Industry Median: 50.36 vs HKSE:03650: 47.98

Keep's Days Payable increased from Jun. 2022 (44.93) to Jun. 2023 (49.84). It may suggest that Keep delayed paying its suppliers.

Keep Days Payable Historical Data

The historical data trend for Keep'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.

Keep Days Payable Chart

Keep Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

43.28

30.65

38.26

42.97

48.84

Keep Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			-	44.93	39.45	49.84	45.46

Competitive Comparison of Keep's Days Payable

For the Software - Application subindustry, Keep'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.

Keep's Days Payable Distribution in the Software Industry

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

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

Keep 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.

Keep's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (172.658	+	172.08)	/	2 )	/	1464.204	*	365
=	172.369					/	1464.204	*	365
=	42.97

Keep's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (172.08	+	163.058)	/	2 )	/	613.595	*	365 / 2
=	167.569					/	613.595	*	365 / 2
=	49.84

Keep Days Payable Related Terms

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

Keep (HKSE:03650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Keep Inc (HKSE:03650) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Wangjing Street, Building D, Vanke Time Square, Chaoyang, Beijing, CHN

Website

https://keep.com

Keep Inc is a growing and result-oriented platform that provides users with a comprehensive fitness solution to help them achieve their fitness goals. It offers extensive and professional fitness content with AI-assisted personalized curriculums, encompassing interactive live-streaming classes and recorded fitness courses, that dynamically adjust course content and workout intensity based on users' athletic levels, fitness goals, daily workout patterns and diet. Its content is complemented by a variety of smart fitness devices, fitness gear, apparel and food, which enables seamlessly connecting the physical and digital realms to create an immersive, one-stop fitness experience.

Keep (HKSE:03650) Headlines

No Headlines