Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Days Payable : 153.57 (As of Mar. 2024)

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What is Sichuan Jiuyuan Yinhai Software Co Days Payable?

Sichuan Jiuyuan Yinhai Software Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥177 Mil. Sichuan Jiuyuan Yinhai Software Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥105 Mil. Hence, Sichuan Jiuyuan Yinhai Software Co's Days Payable for the three months ended in Mar. 2024 was 153.57.

The historical rank and industry rank for Sichuan Jiuyuan Yinhai Software Co's Days Payable or its related term are showing as below:

SZSE:002777' s Days Payable Range Over the Past 10 Years
Min: 44.3 Med: 58.54 Max: 85.82
Current: 85.82

During the past 13 years, Sichuan Jiuyuan Yinhai Software Co's highest Days Payable was 85.82. The lowest was 44.30. And the median was 58.54.

SZSE:002777's Days Payable is ranked better than
64.76% of 2531 companies
in the Software industry
Industry Median: 50.13 vs SZSE:002777: 85.82

Sichuan Jiuyuan Yinhai Software Co's Days Payable increased from Mar. 2023 (138.87) to Mar. 2024 (153.57). It may suggest that Sichuan Jiuyuan Yinhai Software Co delayed paying its suppliers.

Sichuan Jiuyuan Yinhai Software Co Days Payable Historical Data

The historical data trend for Sichuan Jiuyuan Yinhai Software 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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Sichuan Jiuyuan Yinhai Software Co Days Payable Chart

Sichuan Jiuyuan Yinhai Software Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

58.27

67.88

70.60

83.39

84.00

Sichuan Jiuyuan Yinhai Software 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															138.87	93.47	104.75	51.52	153.57

Competitive Comparison of Sichuan Jiuyuan Yinhai Software Co's Days Payable

For the Software - Application subindustry, Sichuan Jiuyuan Yinhai Software 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.

Sichuan Jiuyuan Yinhai Software Co's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Sichuan Jiuyuan Yinhai Software Co's Days Payable falls into.

Sichuan Jiuyuan Yinhai Software 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.

Sichuan Jiuyuan Yinhai Software 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
=	( (145.254	+	179.563)	/	2 )	/	705.666	*	365
=	162.4085					/	705.666	*	365
=	84.00

Sichuan Jiuyuan Yinhai Software 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
=	( (179.563	+	174.031)	/	2 )	/	105.048	*	365 / 4
=	176.797					/	105.048	*	365 / 4
=	153.57

Sichuan Jiuyuan Yinhai Software Co Days Payable Related Terms

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Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sichuan Jiuyuan Yinhai Software Co Ltd (SZSE:002777) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sansui Road, Building 2, No. 3, Yinhai Core Block, No. 163, High-tech Zone, Jinjiang District, Chengdu, CHN, 610063

Website

http://www.yinhai.com

Sichuan Jiuyuan Yinhai Software Co Ltd provides enterprise application software solutions and integrated services for livelihood and defense industries. The company's businesses and products coverage of human resources and social security, medical hygiene, provident fund, civil affairs, food and drug supervision, smart city, military and civilian products, and digital military.

Executives

Jiang Hong	Executives
Zhan Kai Ming	Executives
Yang Cheng Wen	Directors, executives
Lian Chun Hua	Directors, executives
Qiao Deng Jian	Executives
Zhang Wei	Executives
Zhou Kai	Supervisors
Huang Dan	Supervisors
Li Hui Xia	Director
Wang Zu	Executives
Tian Zhi Yong	Executives
Dan Wei Min	Executives
Di Jun Zi	Executives
Cheng Shu Zhong	Supervisors
Hou Chun Mei	Supervisors

Sichuan Jiuyuan Yinhai Software Co (SZSE:002777) Headlines

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