Newborn Town (HKSE:09911) Days Payable : 42.27 (As of Dec. 2023)

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What is Newborn Town Days Payable?

Newborn Town's average Accounts Payable for the six months ended in Dec. 2023 was HK$233 Mil. Newborn Town's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,004 Mil. Hence, Newborn Town's Days Payable for the six months ended in Dec. 2023 was 42.27.

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

HKSE:09911' s Days Payable Range Over the Past 10 Years
Min: 45.86 Med: 157.61 Max: 432.3
Current: 47.5

During the past 8 years, Newborn Town's highest Days Payable was 432.30. The lowest was 45.86. And the median was 157.61.

HKSE:09911's Days Payable is ranked worse than
51.92% of 2531 companies
in the Software industry
Industry Median: 50.36 vs HKSE:09911: 47.50

Newborn Town's Days Payable increased from Dec. 2022 (40.10) to Dec. 2023 (42.27). It may suggest that Newborn Town delayed paying its suppliers.

Newborn Town Days Payable Historical Data

The historical data trend for Newborn Town'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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Newborn Town Days Payable Chart

Newborn Town Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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258.00

102.23

50.73

45.86

56.02

Newborn Town Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial									41.32	42.08	40.10	44.56	42.27

Competitive Comparison of Newborn Town's Days Payable

For the Software - Application subindustry, Newborn Town'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.

Newborn Town's Days Payable Distribution in the Software Industry

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

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

Newborn Town 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.

Newborn Town'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
=	( (211.884	+	320.474)	/	2 )	/	1734.423	*	365
=	266.179					/	1734.423	*	365
=	56.02

Newborn Town'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
=	( (144.713	+	320.474)	/	2 )	/	1004.135	*	365 / 2
=	232.5935					/	1004.135	*	365 / 2
=	42.27

Newborn Town Days Payable Related Terms

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Newborn Town (HKSE:09911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newborn Town Inc (HKSE:09911) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiaoyun Road 33rd Building, 6th Floor, Tower B, Chaoyang District, Beijing, CHN

Website

https://www.newborntown.com

Newborn Town Inc is a mobile app developer and mobile advertising platform services provider based on AI technologies. The company operates through two segments namely, Social networking business and Innovative business. It generates majority revenue from Social networking business segment.

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