XIAO-I (XIAO-I) Days Payable : 138.81 (As of Dec. 2023)

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What is XIAO-I Days Payable?

XIAO-I's average Accounts Payable for the six months ended in Dec. 2023 was $10.45 Mil. XIAO-I's Cost of Goods Sold for the six months ended in Dec. 2023 was $13.74 Mil. Hence, XIAO-I's Days Payable for the six months ended in Dec. 2023 was 138.81.

The historical rank and industry rank for XIAO-I's Days Payable or its related term are showing as below:

AIXI' s Days Payable Range Over the Past 10 Years
Min: 110.49 Med: 142.65 Max: 211.29
Current: 185.37

During the past 4 years, XIAO-I's highest Days Payable was 211.29. The lowest was 110.49. And the median was 142.65.

AIXI's Days Payable is ranked better than
82.42% of 2531 companies
in the Software industry
Industry Median: 50.36 vs AIXI: 185.37

XIAO-I's Days Payable increased from Dec. 2022 (81.65) to Dec. 2023 (138.81). It may suggest that XIAO-I delayed paying its suppliers.

XIAO-I Days Payable Historical Data

The historical data trend for XIAO-I'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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XIAO-I Days Payable Chart

XIAO-I Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

110.49

130.26

155.03

211.29

XIAO-I Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			139.80	211.49	81.65	249.25	138.81

Competitive Comparison of XIAO-I's Days Payable

For the Software - Application subindustry, XIAO-I'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.

XIAO-I's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, XIAO-I's Days Payable distribution charts can be found below:

* The bar in red indicates where XIAO-I's Days Payable falls into.

XIAO-I 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.

XIAO-I'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
=	( (9.181	+	13.674)	/	2 )	/	19.741	*	365
=	11.4275					/	19.741	*	365
=	211.29

XIAO-I'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
=	( (7.222	+	13.674)	/	2 )	/	13.736	*	365 / 2
=	10.448					/	13.736	*	365 / 2
=	138.81

XIAO-I Days Payable Related Terms

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XIAO-I (XIAO-I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » XIAO-I Corp (NAS:AIXI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1555, West Jinshajiang Road, 7th floor, Building 398, Shanghai, CHN, 201803

Website

https://www.xiaoi.com

XIAO-I Corp is an AI industrialization company focusing on the AI Cognitive Intelligence platform. The platform combines six core technologies including Natural Language Processing, Speech Processing, Computer Vision, Machine Learning, Affective Computing, Data Intelligence, and Hyper- automation. Based on the platform, The company developed products and solutions in the fields of Al+ Contact Center, Al+ Finance, Al+ City Public Service, Al+ Architecture, Al+ Metaverse, Al+ Manufacturing, and Al+ Healthcare. It generates revenue from the sale of software products and services, M&S services, and the sale of cloud platform products.