111 (YI) Days Payable : 39.41 (As of Dec. 2023)

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What is 111 Days Payable?

111's average Accounts Payable for the three months ended in Dec. 2023 was $236 Mil. 111's Cost of Goods Sold for the three months ended in Dec. 2023 was $545 Mil. Hence, 111's Days Payable for the three months ended in Dec. 2023 was 39.41.

The historical rank and industry rank for 111's Days Payable or its related term are showing as below:

YI' s Days Payable Range Over the Past 10 Years
Min: 31.84 Med: 40.76 Max: 46.64
Current: 43.48

During the past 8 years, 111's highest Days Payable was 46.64. The lowest was 31.84. And the median was 40.76.

YI's Days Payable is ranked worse than
80% of 95 companies
in the Medical Distribution industry
Industry Median: 73.55 vs YI: 43.48

111's Days Payable increased from Dec. 2022 (38.68) to Dec. 2023 (39.41). It may suggest that 111 delayed paying its suppliers.

111 Days Payable Historical Data

The historical data trend for 111'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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111 Days Payable Chart

111 Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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31.84

34.64

36.99

46.64

43.96

111 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															38.68	45.17	45.49	44.07	39.41

Competitive Comparison of 111's Days Payable

For the Medical Distribution subindustry, 111'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.

111's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, 111's Days Payable distribution charts can be found below:

* The bar in red indicates where 111's Days Payable falls into.

111 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.

111'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
=	( (253.145	+	222.5)	/	2 )	/	1974.616	*	365
=	237.8225					/	1974.616	*	365
=	43.96

111'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
=	( (248.664	+	222.5)	/	2 )	/	545.415	*	365 / 4
=	235.582					/	545.415	*	365 / 4
=	39.41

111 Days Payable Related Terms

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111 (YI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » 111 Inc (NAS:YI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

811A:Germany 811A:Germany

Address

No.295 ZuChongZhi Road, 3rd-5th Floors, Pudong New Area, Shanghai, CHN, 201203

Website

https://ir.111.com.cn

111 Inc operates an integrated online and offline platform in the healthcare ecosystem in China, whereby the Group is engaged in the sales of medical and wellness products through online retail and wholesale pharmacies and offline retail pharmacies, as well as the provision of certain value-added services, such as online consultation services and e-prescription services to consumers in the People's Republic of China. The company has two operating segments: the B2C segment and B2B segment whereby the B2C business represents revenue generated from individual consumers while the B2B business represents revenue generated from corporate customers. It derives a majority of its revenue from the B2B segment.