Yonyou Network Technology Co (SHSE:600588) Days Payable : 105.12 (As of Mar. 2024)

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What is Yonyou Network Technology Co Days Payable?

Yonyou Network Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥991 Mil. Yonyou Network Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥860 Mil. Hence, Yonyou Network Technology Co's Days Payable for the three months ended in Mar. 2024 was 105.12.

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

SHSE:600588' s Days Payable Range Over the Past 10 Years
Min: 63.26 Med: 70.57 Max: 102.35
Current: 64.16

During the past 13 years, Yonyou Network Technology Co's highest Days Payable was 102.35. The lowest was 63.26. And the median was 70.57.

SHSE:600588's Days Payable is ranked better than
56.85% of 2531 companies
in the Software industry
Industry Median: 50.16 vs SHSE:600588: 64.16

Yonyou Network Technology Co's Days Payable increased from Mar. 2023 (89.19) to Mar. 2024 (105.12). It may suggest that Yonyou Network Technology Co delayed paying its suppliers.

Yonyou Network Technology Co Days Payable Historical Data

The historical data trend for Yonyou 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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Yonyou Network Technology Co Days Payable Chart

Yonyou Network Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

65.29

63.26

63.61

67.12

69.51

Yonyou Network Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															89.19	76.26	60.89	41.78	105.12

Competitive Comparison of Yonyou Network Technology Co's Days Payable

For the Software - Application subindustry, Yonyou 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.

Yonyou Network Technology Co's Days Payable Distribution in the Software Industry

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

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

Yonyou 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.

Yonyou 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
=	( (831.816	+	1006.521)	/	2 )	/	4826.429	*	365
=	919.1685					/	4826.429	*	365
=	69.51

Yonyou 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
=	( (1006.521	+	974.609)	/	2 )	/	859.84	*	365 / 4
=	990.565					/	859.84	*	365 / 4
=	105.12

Yonyou Network Technology Co Days Payable Related Terms

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Yonyou Network Technology Co (SHSE:600588) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yonyou Network Technology Co Ltd (SHSE:600588) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 68 Beiqing Road, Haidian District, UF Industrial Park, Beijing, CHN, 100094

Website

http://www.yonyou.com

Yonyou Network Technology Co Ltd develops and markets enterprise-wide business applications software, including financial, web-based, management, and security development software in China. The company also offers training programs.

Executives

Zhang Ji Xiong	senior management
Ren Zhi Gang	senior management
Xu Yang	senior management
Wang Jian	senior management
Zhang Cheng Yu	senior management
Xie Zhi Hua	senior management
Zhang Pei Lin	senior management
Ou Yang Qing	Director
Du Yu	senior management
Zuo Jun	senior management
Chen Qiang Bing	Director
Wu Zheng Ping	Director
Xu Jian Gang	Supervisors
Sun Shu Pin	senior management
Yang Xiao Bai	senior management

Yonyou Network Technology Co (SHSE:600588) Headlines

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