Beijing Yuanlong Yato Culture Dissemination Co (SZSE:002878) Days Payable : 45.36 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Beijing Yuanlong Yato Culture Dissemination Co Days Payable?

Beijing Yuanlong Yato Culture Dissemination Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥236 Mil. Beijing Yuanlong Yato Culture Dissemination Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥475 Mil. Hence, Beijing Yuanlong Yato Culture Dissemination Co's Days Payable for the three months ended in Mar. 2024 was 45.36.

The historical rank and industry rank for Beijing Yuanlong Yato Culture Dissemination Co's Days Payable or its related term are showing as below:

SZSE:002878' s Days Payable Range Over the Past 10 Years
Min: 27.8 Med: 60.93 Max: 77.38
Current: 27.8

During the past 12 years, Beijing Yuanlong Yato Culture Dissemination Co's highest Days Payable was 77.38. The lowest was 27.80. And the median was 60.93.

SZSE:002878's Days Payable is ranked worse than
81.85% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs SZSE:002878: 27.80

Beijing Yuanlong Yato Culture Dissemination Co's Days Payable increased from Mar. 2023 (44.50) to Mar. 2024 (45.36). It may suggest that Beijing Yuanlong Yato Culture Dissemination Co delayed paying its suppliers.

Beijing Yuanlong Yato Culture Dissemination Co Days Payable Historical Data

The historical data trend for Beijing Yuanlong Yato Culture Dissemination 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 Yuanlong Yato Culture Dissemination Co Days Payable Chart

Beijing Yuanlong Yato Culture Dissemination Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

62.44

54.02

57.28

40.01

42.25

Beijing Yuanlong Yato Culture Dissemination 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															44.50	19.33	21.94	36.84	45.36

Competitive Comparison of Beijing Yuanlong Yato Culture Dissemination Co's Days Payable

For the Advertising Agencies subindustry, Beijing Yuanlong Yato Culture Dissemination 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 Yuanlong Yato Culture Dissemination Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beijing Yuanlong Yato Culture Dissemination Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Yuanlong Yato Culture Dissemination Co's Days Payable falls into.

Beijing Yuanlong Yato Culture Dissemination 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 Yuanlong Yato Culture Dissemination 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
=	( (222.129	+	304.767)	/	2 )	/	2275.918	*	365
=	263.448					/	2275.918	*	365
=	42.25

Beijing Yuanlong Yato Culture Dissemination 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
=	( (304.767	+	167.77)	/	2 )	/	475.256	*	365 / 4
=	236.2685					/	475.256	*	365 / 4
=	45.36

Beijing Yuanlong Yato Culture Dissemination Co Days Payable Related Terms

Thank you for viewing the detailed overview of Beijing Yuanlong Yato Culture Dissemination Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing Yuanlong Yato Culture Dissemination Co (SZSE:002878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Beijing Yuanlong Yato Culture Dissemination Co Ltd (SZSE:002878) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

338 Guang'anmen Inner Street, 12th Floor, Office Building, Metropark Hotel, Xicheng District, Beijing, CHN, 100053

Website

http://www.ylyato.com

Beijing Yuanlong Yato Culture Dissemination Co Ltd is a Chinese provider of integrated marketing services. It offers services such as marketing plan creative planning, promotional product design and development, promotional products commissioned processing and sales, promotional materials and other marketing materials logistics warehousing and distribution services, and market terminal services.

Executives

Rao Xiu Li	Executives
Yue Xin	Director
Wang Sheng	Executives
Bian Yu Chen	Directors, executives
Li Ya	Supervisors
Zhao Huai Dong	Executives
Xiang Jing	Directors, executives
Chen Tao	Executives
Sun Zhen	Directors, executives
Wang Wei	Director
Li Ji Dong	Executives

Beijing Yuanlong Yato Culture Dissemination Co (SZSE:002878) Headlines

No Headlines