Guangxi Radio and Television Information Network (SHSE:600936) Days Payable : 340.51 (As of Mar. 2024)

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What is Guangxi Radio and Television Information Network Days Payable?

Guangxi Radio and Television Information Network's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,039 Mil. Guangxi Radio and Television Information Network's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥278 Mil. Hence, Guangxi Radio and Television Information Network's Days Payable for the three months ended in Mar. 2024 was 340.51.

The historical rank and industry rank for Guangxi Radio and Television Information Network's Days Payable or its related term are showing as below:

SHSE:600936' s Days Payable Range Over the Past 10 Years
Min: 165.93 Med: 231.5 Max: 313.78
Current: 313.78

During the past 13 years, Guangxi Radio and Television Information Network's highest Days Payable was 313.78. The lowest was 165.93. And the median was 231.50.

SHSE:600936's Days Payable is ranked better than
85.18% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs SHSE:600936: 313.78

Guangxi Radio and Television Information Network's Days Payable increased from Mar. 2023 (210.56) to Mar. 2024 (340.51). It may suggest that Guangxi Radio and Television Information Network delayed paying its suppliers.

Guangxi Radio and Television Information Network Days Payable Historical Data

The historical data trend for Guangxi Radio and Television Information Network'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.

* Premium members only.

Guangxi Radio and Television Information Network Days Payable Chart

Guangxi Radio and Television Information Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

259.05

305.04

293.90

229.80

292.19

Guangxi Radio and Television Information Network 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															210.56	305.09	293.61	321.96	340.51

Competitive Comparison of Guangxi Radio and Television Information Network's Days Payable

For the Entertainment subindustry, Guangxi Radio and Television Information Network'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.

Guangxi Radio and Television Information Network's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Guangxi Radio and Television Information Network's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangxi Radio and Television Information Network's Days Payable falls into.

Guangxi Radio and Television Information Network 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.

Guangxi Radio and Television Information Network'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
=	( (962.604	+	1094.687)	/	2 )	/	1284.949	*	365
=	1028.6455					/	1284.949	*	365
=	292.19

Guangxi Radio and Television Information Network'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
=	( (1094.687	+	983.267)	/	2 )	/	278.424	*	365 / 4
=	1038.977					/	278.424	*	365 / 4
=	340.51

Guangxi Radio and Television Information Network Days Payable Related Terms

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Guangxi Radio and Television Information Network (SHSE:600936) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangxi Radio and Television Information Network Corp Ltd (SHSE:600936) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.8 Jinghui Lane, Yunjing Road, Hao Guangxi Broadcasting Network Complex, Nanning, CHN, 530007

Website

http://www.96335.com

Guangxi Radio and Television Information Network Corp Ltd is a China-based company principally engaged in the construction and operation of radio and television network, radio and television program transmission, data network business, as well as the development and operation of Digital Television (TV) value-added services. The firm's main business includes basic TV business, the installation of cable TV business, digital TV value-added services, program transmission, data network business, as well as the wholesale of broadcast television equipment.

Guangxi Radio and Television Information Network (SHSE:600936) Headlines

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