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Beijing Shengtong Printing Co (SZSE:002599) Days Payable : 127.12 (As of Mar. 2024)


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What is Beijing Shengtong Printing Co Days Payable?

Beijing Shengtong Printing Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥574 Mil. Beijing Shengtong Printing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥412 Mil. Hence, Beijing Shengtong Printing Co's Days Payable for the three months ended in Mar. 2024 was 127.12.

The historical rank and industry rank for Beijing Shengtong Printing Co's Days Payable or its related term are showing as below:

SZSE:002599' s Days Payable Range Over the Past 10 Years
Min: 97.38   Med: 113.25   Max: 194.87
Current: 108.51

During the past 13 years, Beijing Shengtong Printing Co's highest Days Payable was 194.87. The lowest was 97.38. And the median was 113.25.

SZSE:002599's Days Payable is ranked better than
76.19% of 924 companies
in the Business Services industry
Industry Median: 47.92 vs SZSE:002599: 108.51

Beijing Shengtong Printing Co's Days Payable increased from Mar. 2023 (102.46) to Mar. 2024 (127.12). It may suggest that Beijing Shengtong Printing Co delayed paying its suppliers.


Beijing Shengtong Printing Co Days Payable Historical Data

The historical data trend for Beijing Shengtong Printing 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.

* Premium members only.

Beijing Shengtong Printing Co Days Payable Chart

Beijing Shengtong Printing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.38 112.78 104.41 107.89 106.29

Beijing Shengtong Printing 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 102.46 104.13 95.45 109.34 127.12

Competitive Comparison of Beijing Shengtong Printing Co's Days Payable

For the Specialty Business Services subindustry, Beijing Shengtong Printing 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 Shengtong Printing Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Beijing Shengtong Printing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Shengtong Printing Co's Days Payable falls into.



Beijing Shengtong Printing 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 Shengtong Printing 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
=( (621.991 + 563.8) / 2 ) / 2035.979*365
=592.8955 / 2035.979*365
=106.29

Beijing Shengtong Printing 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
=( (563.8 + 584.071) / 2 ) / 411.985*365 / 4
=573.9355 / 411.985*365 / 4
=127.12

* 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.


Beijing Shengtong Printing Co Days Payable Related Terms

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Beijing Shengtong Printing Co (SZSE:002599) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Jinghai 3rd Road, Beijing Economic and Technological Development Zone, Beijing, CHN, 100176
Beijing Shengtong Printing Co Ltd is a Chinese company that provides full-color magazines, high-volume business propaganda materials, color printing and comprehensive printing services.
Executives
Li Yan Qiu Directors, executives
Tang Wu Director
Cai Jian Jun Director
Tang Zheng Jun Directors, executives
Hou Jing Gang Directors, executives
Jia Chun Lin Director
Li Qing Qi Director
Xiao Wei Secretary Dong
Jia Xi Executives
Liang Ling Ling Director
Yin Qing Yun Supervisors

Beijing Shengtong Printing Co (SZSE:002599) Headlines

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