FS Development Investment Holdings (SZSE:300071) Days Payable : 252.26 (As of Mar. 2024)

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What is FS Development Investment Holdings Days Payable?

FS Development Investment Holdings's average Accounts Payable for the three months ended in Mar. 2024 was ¥717 Mil. FS Development Investment Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥259 Mil. Hence, FS Development Investment Holdings's Days Payable for the three months ended in Mar. 2024 was 252.26.

The historical rank and industry rank for FS Development Investment Holdings's Days Payable or its related term are showing as below:

SZSE:300071' s Days Payable Range Over the Past 10 Years
Min: 60.98 Med: 169.58 Max: 306.72
Current: 211.25

During the past 13 years, FS Development Investment Holdings's highest Days Payable was 306.72. The lowest was 60.98. And the median was 169.58.

SZSE:300071's Days Payable is ranked better than
78.52% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs SZSE:300071: 211.25

FS Development Investment Holdings's Days Payable declined from Mar. 2023 (345.30) to Mar. 2024 (252.26). It may suggest that FS Development Investment Holdings accelerated paying its suppliers.

FS Development Investment Holdings Days Payable Historical Data

The historical data trend for FS Development Investment Holdings'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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FS Development Investment Holdings Days Payable Chart

FS Development Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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198.11

306.72

285.08

260.74

231.85

FS Development Investment Holdings 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															345.30	213.52	212.16	179.18	252.26

Competitive Comparison of FS Development Investment Holdings's Days Payable

For the Advertising Agencies subindustry, FS Development Investment Holdings'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.

FS Development Investment Holdings's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, FS Development Investment Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where FS Development Investment Holdings's Days Payable falls into.

FS Development Investment Holdings 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.

FS Development Investment Holdings'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
=	( (687.136	+	691.66)	/	2 )	/	1085.336	*	365
=	689.398					/	1085.336	*	365
=	231.85

FS Development Investment Holdings'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
=	( (691.66	+	742.69)	/	2 )	/	259.42	*	365 / 4
=	717.175					/	259.42	*	365 / 4
=	252.26

FS Development Investment Holdings Days Payable Related Terms

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FS Development Investment Holdings (SZSE:300071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » FS Development Investment Holdings (SZSE:300071) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yard 30, Shixing Street, Room 512, Building 8, Shijingshan District, Beijing, CHN, 100005

Website

http://www.spearhead.com.cn

FS Development Investment Holdings formerly Spearhead Integrated Marketing Communication Group is an offline marketing service provider. It is engaged in public relations advertising, digital marketing, content marketing, big data marketing.

Executives

Chen Yong Liang	Directors, executives
Li Ling Bo	Executives
Chen Zhong Hua	Director
Xie Tao	Supervisors

FS Development Investment Holdings (SZSE:300071) Headlines

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