Chengdu B-ray Media Co (SHSE:600880) Days Payable : 289.38 (As of Mar. 2024)

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What is Chengdu B-ray Media Co Days Payable?

Chengdu B-ray Media Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥132.4 Mil. Chengdu B-ray Media Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥41.8 Mil. Hence, Chengdu B-ray Media Co's Days Payable for the three months ended in Mar. 2024 was 289.38.

The historical rank and industry rank for Chengdu B-ray Media Co's Days Payable or its related term are showing as below:

SHSE:600880' s Days Payable Range Over the Past 10 Years
Min: 53.36 Med: 71.94 Max: 132.05
Current: 109.78

During the past 13 years, Chengdu B-ray Media Co's highest Days Payable was 132.05. The lowest was 53.36. And the median was 71.94.

SHSE:600880's Days Payable is ranked better than
60.26% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs SHSE:600880: 109.78

Chengdu B-ray Media Co's Days Payable increased from Mar. 2023 (94.08) to Mar. 2024 (289.38). It may suggest that Chengdu B-ray Media Co delayed paying its suppliers.

Chengdu B-ray Media Co Days Payable Historical Data

The historical data trend for Chengdu B-ray Media 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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Chengdu B-ray Media Co Days Payable Chart

Chengdu B-ray Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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57.39

78.09

79.25

122.82

132.05

Chengdu B-ray Media 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															94.08	103.66	46.58	96.67	289.38

Competitive Comparison of Chengdu B-ray Media Co's Days Payable

For the Publishing subindustry, Chengdu B-ray Media 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.

Chengdu B-ray Media Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Chengdu B-ray Media Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Chengdu B-ray Media Co's Days Payable falls into.

Chengdu B-ray Media 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.

Chengdu B-ray Media 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
=	( (82.218	+	155.208)	/	2 )	/	328.138	*	365
=	118.713					/	328.138	*	365
=	132.05

Chengdu B-ray Media 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
=	( (155.208	+	109.651)	/	2 )	/	41.759	*	365 / 4
=	132.4295					/	41.759	*	365 / 4
=	289.38

Chengdu B-ray Media Co Days Payable Related Terms

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Chengdu B-ray Media Co (SHSE:600880) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Chengdu B-ray Media Co Ltd (SHSE:600880) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Jinjiang Industrial Park, Sichuan Province, Chengdu, CHN, 610063

Website

http://www.b-raymedia.com

Chengdu B-ray Media Co Ltd is a China-based media company which operates newspaper and commercial printing services, outdoor and agent advertising, as well as newspaper and magazine printing and delivery, and the operation of online games.

Executives

Lv Gong Yi	Director
Xu Xiao Dong	senior management
Jiang Xue Mei	Director
Zhang Yue Ming	Supervisors
Meng Fang Lan	Supervisors
Gou Jun	senior management
Cao Jian Chun	Director
Li Xiang Yu	senior management
Wei Xiao	senior management
Yuan Ji Guo	Director
Luo Chong Yang	senior management
Zhang Fu Mao	Director
Li Zhi Gang	Supervisors
Qi Yong	senior management
Sun Xu Jun	Director

Chengdu B-ray Media Co (SHSE:600880) Headlines

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