NetDragon Websoft (NetDragon Websoft) Days Payable : 195.06 (As of Dec. 2023)

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What is NetDragon Websoft Days Payable?

NetDragon Websoft's average Accounts Payable for the six months ended in Dec. 2023 was $195.9 Mil. NetDragon Websoft's Cost of Goods Sold for the six months ended in Dec. 2023 was $183.3 Mil. Hence, NetDragon Websoft's Days Payable for the six months ended in Dec. 2023 was 195.06.

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

NDWTY' s Days Payable Range Over the Past 10 Years
Min: 26.27 Med: 61.02 Max: 206.79
Current: 195.65

During the past 13 years, NetDragon Websoft's highest Days Payable was 206.79. The lowest was 26.27. And the median was 61.02.

NDWTY's Days Payable is ranked better than
79.49% of 434 companies
in the Interactive Media industry
Industry Median: 62.09 vs NDWTY: 195.65

NetDragon Websoft's Days Payable increased from Dec. 2022 (165.18) to Dec. 2023 (195.06). It may suggest that NetDragon Websoft delayed paying its suppliers.

NetDragon Websoft Days Payable Historical Data

The historical data trend for NetDragon Websoft'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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NetDragon Websoft Days Payable Chart

NetDragon Websoft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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52.38

56.92

75.06

116.07

207.11

NetDragon Websoft Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															115.52	100.12	165.18	185.78	195.06

Competitive Comparison of NetDragon Websoft's Days Payable

For the Electronic Gaming & Multimedia subindustry, NetDragon Websoft'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.

NetDragon Websoft's Days Payable Distribution in the Interactive Media Industry

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

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

NetDragon Websoft 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.

NetDragon Websoft'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
=	( (217.02	+	212.599)	/	2 )	/	378.561	*	365
=	214.8095					/	378.561	*	365
=	207.11

NetDragon Websoft'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
=	( (179.295	+	212.599)	/	2 )	/	183.328	*	365 / 2
=	195.947					/	183.328	*	365 / 2
=	195.06

NetDragon Websoft Days Payable Related Terms

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NetDragon Websoft (NetDragon Websoft) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NetDragon Websoft Inc (OTCPK:NDWTY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00777:Hong Kong 3ND:Germany

Address

58 Wenquan Branch Road, 851 Building, Fuzhou, CHN

Website

http://www.nd.com.cn

NetDragon Websoft Inc is a Chinese holding company that engages in developing and operating online and mobile games as well as educational platforms. NetDragon's games include PC games, web-based games, mobile games, and e-sports games. PC games constitute the majority of the company's games sales. The company's game portfolio is composed of a range of games that appeal to various types of players. These games include Way of the Five, Eudemons Online, Conquer Online, Zero Online, and Heroes of Might & Magic Online. The company has operations in North America, Europe, and Asia.