Pony Group (Pony Group) Days Payable : 2.94 (As of Dec. 2023)

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What is Pony Group Days Payable?

Pony Group's average Accounts Payable for the three months ended in Dec. 2023 was $0.00 Mil. Pony Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.03 Mil. Hence, Pony Group's Days Payable for the three months ended in Dec. 2023 was 2.94.

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

PNYG' s Days Payable Range Over the Past 10 Years
Min: 62.93 Med: 99.97 Max: 161.17
Current: 98.85

During the past 7 years, Pony Group's highest Days Payable was 161.17. The lowest was 62.93. And the median was 99.97.

PNYG's Days Payable is ranked better than
82.67% of 935 companies
in the Transportation industry
Industry Median: 38.97 vs PNYG: 98.85

Pony Group's Days Payable declined from Dec. 2022 (72.53) to Dec. 2023 (2.94). It may suggest that Pony Group accelerated paying its suppliers.

Pony Group Days Payable Historical Data

The historical data trend for Pony 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.

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Pony Group Days Payable Chart

Pony Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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62.93

83.28

161.17

116.65

Pony 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															72.53	125.47	145.57	75.28	2.94

Competitive Comparison of Pony Group's Days Payable

For the Railroads subindustry, Pony 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.

Pony Group's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pony Group's Days Payable distribution charts can be found below:

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

Pony 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.

Pony 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
=	( (0.031	+	0)	/	1 )	/	0.097	*	365
=	0.031					/	0.097	*	365
=	116.65

Pony 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
=	( (0.001	+	0)	/	1 )	/	0.031	*	365 / 4
=	0.001					/	0.031	*	365 / 4
=	2.94

Pony Group Days Payable Related Terms

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Pony Group (Pony Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pony Group Inc (OTCPK:PNYG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Gaoxin South Avenue, Engineer Experiment Building, A202, Nanshan District, Guangdong, Shenzhen, CHN, 518000

Website

Pony Group Inc functions in the travel industry. The company is a travel service provider that provides car services to individual and group travelers like carpooling, airport pick-up and drop-off, and personal driver services for travelers between Guangdong Province and Hong Kong. It collaborates with car fleet companies and charges a service fee by matching the traveller and the driver.

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