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SunCar Technology Group (SunCar Technology Group) Days Payable : 0.00 (As of Dec. 2023)


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What is SunCar Technology Group Days Payable?

SunCar Technology Group's average Accounts Payable for the six months ended in Dec. 2023 was $28.5 Mil. SunCar Technology Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.0 Mil.

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

SDA' s Days Payable Range Over the Past 10 Years
Min: 28.81   Med: 35.94   Max: 43.75
Current: 37.32

During the past 4 years, SunCar Technology Group's highest Days Payable was 43.75. The lowest was 28.81. And the median was 35.94.

SDA's Days Payable is ranked worse than
78.51% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 65.67 vs SDA: 37.32

SunCar Technology Group's Days Payable declined from Dec. 2022 (26.54) to Dec. 2023 (0.00). It may suggest that SunCar Technology Group accelerated paying its suppliers.

SunCar Technology Group Days Payable Historical Data

The historical data trend for SunCar Technology 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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SunCar Technology Group Days Payable Chart

SunCar Technology Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
29.88 41.99 43.75 28.81

SunCar Technology Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial 49.11 38.47 26.54 36.21 -

Competitive Comparison of SunCar Technology Group's Days Payable

For the Auto & Truck Dealerships subindustry, SunCar Technology 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.

SunCar Technology Group's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SunCar Technology Group's Days Payable distribution charts can be found below:

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


SunCar Technology 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.

SunCar Technology 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
=( (24.2 + 26.641) / 2 ) / 322.057*365
=25.4205 / 322.057*365
=28.81

SunCar Technology 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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (30.326 + 26.641) / 2 ) / 0*365 / 2
=28.4835 / 0*365 / 2
=N/A

* 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.

SunCar Technology Group Days Payable Related Terms

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SunCar Technology Group (SunCar Technology Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SunCar Technology Group Inc (NAS:SDA) » Definitions » Days Payable
Comparable Companies
CRMT CWH KFS CANG UCAR VRM RMBL LAZY KXIN UXIN TPE:2207 PAG KMX XBRU:DIE LAD AN HKSE:00881 TSE:4732 ABG GPI
Traded in Other Exchanges
N/A
Address
c/o Shanghai Feiyou Trading Co., Ltd., Suite 209, No. 656 Lingshi Road, Jing’an District, Shanghai, CHN, 200072
Website
https://www.suncartech.com
SunCar Technology Group Inc is a provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation service in China. It operates an automotive after-sales services business through offering customized service solutions to enterprise clients, who are major banks, insurance companies, telecommunication companies, new energy vehicle, original equipment manufacturers or any client who have end customers demanding automotive services.