Easy Click Worldwide Network Technology Co (SZSE:301171) Days Payable : 75.93 (As of Mar. 2024)

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What is Easy Click Worldwide Network Technology Co Days Payable?

Easy Click Worldwide Network Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥297 Mil. Easy Click Worldwide Network Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥356 Mil. Hence, Easy Click Worldwide Network Technology Co's Days Payable for the three months ended in Mar. 2024 was 75.93.

The historical rank and industry rank for Easy Click Worldwide Network Technology Co's Days Payable or its related term are showing as below:

SZSE:301171' s Days Payable Range Over the Past 10 Years
Min: 15.84 Med: 66.1 Max: 151.35
Current: 69.88

During the past 13 years, Easy Click Worldwide Network Technology Co's highest Days Payable was 151.35. The lowest was 15.84. And the median was 66.10.

SZSE:301171's Days Payable is ranked worse than
54.64% of 926 companies
in the Media - Diversified industry
Industry Median: 79.395 vs SZSE:301171: 69.88

Easy Click Worldwide Network Technology Co's Days Payable increased from Mar. 2023 (71.35) to Mar. 2024 (75.93). It may suggest that Easy Click Worldwide Network Technology Co delayed paying its suppliers.

Easy Click Worldwide Network Technology Co Days Payable Historical Data

The historical data trend for Easy Click Worldwide Network Technology 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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Easy Click Worldwide Network Technology Co Days Payable Chart

Easy Click Worldwide Network Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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65.41

74.11

61.45

85.97

66.79

Easy Click Worldwide Network Technology Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															71.35	73.34	69.88	66.10	75.93

Competitive Comparison of Easy Click Worldwide Network Technology Co's Days Payable

For the Advertising Agencies subindustry, Easy Click Worldwide Network Technology 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.

Easy Click Worldwide Network Technology Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Easy Click Worldwide Network Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Easy Click Worldwide Network Technology Co's Days Payable falls into.

Easy Click Worldwide Network Technology 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.

Easy Click Worldwide Network Technology 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
=	( (302.384	+	290.957)	/	2 )	/	1621.289	*	365
=	296.6705					/	1621.289	*	365
=	66.79

Easy Click Worldwide Network Technology 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
=	( (290.957	+	302.236)	/	2 )	/	356.459	*	365 / 4
=	296.5965					/	356.459	*	365 / 4
=	75.93

Easy Click Worldwide Network Technology Co Days Payable Related Terms

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Easy Click Worldwide Network Technology Co (SZSE:301171) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Easy Click Worldwide Network Technology Co Ltd (SZSE:301171) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 156, Tiangu Eighth Road, Room 903, Building C3, Phase II, Software New Town R&D Base, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710077

Website

https://en.yeahmobi.com

Easy Click Worldwide Network Technology Co Ltd is committed as a global intelligent data-driven marketing service profession to provide results-driven services included performance marketing, brand building and industrial solutions integrating. The company's clients is involved in wide range industries of E-commerce, tool applications, information dissemination, games and other pan-entertainment applications.

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