Beijing Competitor Sports Science Technology Joint Stock Co (BJSE:833429) Days Payable : 86.94 (As of Mar. 2024)

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What is Beijing Competitor Sports Science Technology Joint Stock Co Days Payable?

Beijing Competitor Sports Science Technology Joint Stock Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥76.6 Mil. Beijing Competitor Sports Science Technology Joint Stock Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥80.4 Mil. Hence, Beijing Competitor Sports Science Technology Joint Stock Co's Days Payable for the three months ended in Mar. 2024 was 86.94.

The historical rank and industry rank for Beijing Competitor Sports Science Technology Joint Stock Co's Days Payable or its related term are showing as below:

BJSE:833429' s Days Payable Range Over the Past 10 Years
Min: 43.04 Med: 59.06 Max: 83.56
Current: 68.51

During the past 11 years, Beijing Competitor Sports Science Technology Joint Stock Co's highest Days Payable was 83.56. The lowest was 43.04. And the median was 59.06.

BJSE:833429's Days Payable is ranked better than
69.82% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 46.12 vs BJSE:833429: 68.51

Beijing Competitor Sports Science Technology Joint Stock Co's Days Payable declined from Mar. 2023 (108.26) to Mar. 2024 (86.94). It may suggest that Beijing Competitor Sports Science Technology Joint Stock Co accelerated paying its suppliers.

Beijing Competitor Sports Science Technology Joint Stock Co Days Payable Historical Data

The historical data trend for Beijing Competitor Sports Science Technology Joint Stock 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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Beijing Competitor Sports Science Technology Joint Stock Co Days Payable Chart

Beijing Competitor Sports Science Technology Joint Stock Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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47.03

60.24

72.38

83.56

57.88

Beijing Competitor Sports Science Technology Joint Stock Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															108.26	62.74	84.72	58.26	86.94

Competitive Comparison of Beijing Competitor Sports Science Technology Joint Stock Co's Days Payable

For the Packaged Foods subindustry, Beijing Competitor Sports Science Technology Joint Stock 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.

Beijing Competitor Sports Science Technology Joint Stock Co's Days Payable Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beijing Competitor Sports Science Technology Joint Stock Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Competitor Sports Science Technology Joint Stock Co's Days Payable falls into.

Beijing Competitor Sports Science Technology Joint Stock 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.

Beijing Competitor Sports Science Technology Joint Stock 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
=	( (89.361	+	70.832)	/	2 )	/	505.134	*	365
=	80.0965					/	505.134	*	365
=	57.88

Beijing Competitor Sports Science Technology Joint Stock 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
=	( (70.832	+	82.418)	/	2 )	/	80.428	*	365 / 4
=	76.625					/	80.428	*	365 / 4
=	86.94

Beijing Competitor Sports Science Technology Joint Stock Co Days Payable Related Terms

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Beijing Competitor Sports Science Technology Joint Stock Co (BJSE:833429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beijing Competitor Sports Science Technology Joint Stock Co Ltd (BJSE:833429) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 5 Lixiang Road,, Science and Technology Park, Changping District, Beijing, CHN, 102200

Website

http://www.chinacpt.com

Beijing Competitor Sports Science Technology Joint Stock Co Ltd manufactures sports nutrition foods. It mainly focuses on Sports nutrition, research and development and manufacturing of healthy and nutritious food, digital sports technology service.

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