Hangzhou EZVIZ Network Co (SHSE:688475) Days Payable : 175.36 (As of Mar. 2024)

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What is Hangzhou EZVIZ Network Co Days Payable?

Hangzhou EZVIZ Network Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,361 Mil. Hangzhou EZVIZ Network Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥708 Mil. Hence, Hangzhou EZVIZ Network Co's Days Payable for the three months ended in Mar. 2024 was 175.36.

The historical rank and industry rank for Hangzhou EZVIZ Network Co's Days Payable or its related term are showing as below:

SHSE:688475' s Days Payable Range Over the Past 10 Years
Min: 132.42 Med: 190.75 Max: 330.28
Current: 146.75

During the past 6 years, Hangzhou EZVIZ Network Co's highest Days Payable was 330.28. The lowest was 132.42. And the median was 190.75.

SHSE:688475's Days Payable is ranked better than
84.22% of 2421 companies
in the Hardware industry
Industry Median: 67.93 vs SHSE:688475: 146.75

Hangzhou EZVIZ Network Co's Days Payable increased from Mar. 2023 (129.88) to Mar. 2024 (175.36). It may suggest that Hangzhou EZVIZ Network Co delayed paying its suppliers.

Hangzhou EZVIZ Network Co Days Payable Historical Data

The historical data trend for Hangzhou EZVIZ Network Co'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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Hangzhou EZVIZ Network Co Days Payable Chart

Hangzhou EZVIZ Network Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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271.83

222.30

137.28

132.42

159.19

Hangzhou EZVIZ Network Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										129.88	131.37	140.63	148.87	175.36

Competitive Comparison of Hangzhou EZVIZ Network Co's Days Payable

For the Consumer Electronics subindustry, Hangzhou EZVIZ Network Co'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.

Hangzhou EZVIZ Network Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hangzhou EZVIZ Network Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Hangzhou EZVIZ Network Co's Days Payable falls into.

Hangzhou EZVIZ Network Co 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.

Hangzhou EZVIZ Network Co'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
=	( (925.184	+	1487.352)	/	2 )	/	2765.812	*	365
=	1206.268					/	2765.812	*	365
=	159.19

Hangzhou EZVIZ Network Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1487.352	+	1235.515)	/	2 )	/	708.449	*	365 / 4
=	1361.4335					/	708.449	*	365 / 4
=	175.36

Hangzhou EZVIZ Network Co Days Payable Related Terms

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Hangzhou EZVIZ Network Co (SHSE:688475) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hangzhou EZVIZ Network Co Ltd (SHSE:688475) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 399 Danfeng Road, Room 301, Building B, Building 2, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051

Website

https://www.ezviz.com

Hangzhou EZVIZ Network Co Ltd is engaged in providing smart life solutions based on visual interaction. It also provides open cloud platform services for managing IoT devices.

Hangzhou EZVIZ Network Co (SHSE:688475) Headlines

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