Hello Group (Hello Group) Days Payable : 32.11 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Hello Group Days Payable?

Hello Group's average Accounts Payable for the three months ended in Dec. 2023 was $87 Mil. Hello Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $248 Mil. Hence, Hello Group's Days Payable for the three months ended in Dec. 2023 was 32.11.

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

MOMO' s Days Payable Range Over the Past 10 Years
Min: 30.64 Med: 31.93 Max: 98.26
Current: 32.81

During the past 12 years, Hello Group's highest Days Payable was 98.26. The lowest was 30.64. And the median was 31.93.

MOMO's Days Payable is ranked worse than
66.82% of 434 companies
in the Interactive Media industry
Industry Median: 60.975 vs MOMO: 32.81

Hello Group's Days Payable increased from Dec. 2022 (29.43) to Dec. 2023 (32.11). It may suggest that Hello Group delayed paying its suppliers.

Hello Group Days Payable Historical Data

The historical data trend for Hello Group'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.

Hello Group Days Payable Chart

Hello Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

31.08

31.24

30.64

34.72

32.44

Hello Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															29.43	33.94	32.39	33.33	32.11

Competitive Comparison of Hello Group's Days Payable

For the Internet Content & Information subindustry, Hello Group'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.

Hello Group's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Hello Group's Days Payable distribution charts can be found below:

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

Hello Group 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.

Hello Group'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
=	( (88.504	+	86.367)	/	2 )	/	983.922	*	365
=	87.4355					/	983.922	*	365
=	32.44

Hello Group'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
=	( (88.092	+	86.367)	/	2 )	/	247.909	*	365 / 4
=	87.2295					/	247.909	*	365 / 4
=	32.11

Hello Group Days Payable Related Terms

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

Hello Group (Hello Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hello Group Inc (NAS:MOMO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

0K2P:UK 1MO:Germany 1MO:Germany

Address

No. 1 Futongdong Street, 20th Floor, Block B, Tower 2, Wangjing SOHO, Chaoyang District, Beijing, CHN, 100102

Website

https://www.hellogroup.com

Hello Group Inc provides mobile-based social networking services. It enables users to establish and expand social relationships based on location and interests. Its platform includes the Momo mobile application and a variety of related features, functionalities, tools, and services that it provides to users, customers, and platform partners. The company derives its revenue from live video services, value-added services, mobile marketing services, mobile games, and other services. It operates in three segments: Momo's service lines, Tantan's service lines, and QOOL's service lines out of which Momo's service lines segment derives the majority of revenue.