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YLZ Information Technology Co (SZSE:300096) Days Payable : 674.44 (As of Mar. 2024)


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What is YLZ Information Technology Co Days Payable?

YLZ Information Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥192.3 Mil. YLZ Information Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥26.0 Mil. Hence, YLZ Information Technology Co's Days Payable for the three months ended in Mar. 2024 was 674.44.

The historical rank and industry rank for YLZ Information Technology Co's Days Payable or its related term are showing as below:

SZSE:300096' s Days Payable Range Over the Past 10 Years
Min: 148.87   Med: 203.96   Max: 495.18
Current: 256.71

During the past 13 years, YLZ Information Technology Co's highest Days Payable was 495.18. The lowest was 148.87. And the median was 203.96.

SZSE:300096's Days Payable is ranked better than
86.45% of 2531 companies
in the Software industry
Industry Median: 50.16 vs SZSE:300096: 256.71

YLZ Information Technology Co's Days Payable increased from Mar. 2023 (342.46) to Mar. 2024 (674.44). It may suggest that YLZ Information Technology Co delayed paying its suppliers.


YLZ Information Technology Co Days Payable Historical Data

The historical data trend for YLZ Information Technology 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.

YLZ Information Technology Co Days Payable Chart

YLZ Information Technology 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 197.74 196.57 275.06 495.18 222.95

YLZ Information Technology 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 342.46 243.05 330.46 143.64 674.44

Competitive Comparison of YLZ Information Technology Co's Days Payable

For the Software - Application subindustry, YLZ Information Technology 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.


YLZ Information Technology Co's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where YLZ Information Technology Co's Days Payable falls into.



YLZ Information Technology 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.

YLZ Information Technology 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
=( (287.926 + 197.719) / 2 ) / 397.535*365
=242.8225 / 397.535*365
=222.95

YLZ Information Technology 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
=( (197.719 + 186.857) / 2 ) / 26.016*365 / 4
=192.288 / 26.016*365 / 4
=674.44

* 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.


YLZ Information Technology Co Days Payable Related Terms

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YLZ Information Technology Co (SZSE:300096) Business Description

Traded in Other Exchanges
N/A
Address
Huandao Road, Zhenzhu Software, Suite B, 5/f, Kexin Building, Par, Xiamen, CHN, 361005
YLZ Information Technology Co Ltd provides information services for livelihood industries in China. It offers its solutions in the areas of human resources, social security, health, financial, housing, education, and energy saving and environmental protection industries.
Executives
Huang Wen Can Directors, executives
Shi Xue Lian Supervisors
Wu Yi Yu Directors, executives
Zhang Xi Director
Shi Jian An Executives
Lei Biao Directors, executives
Huang Bang Jie Supervisors
Wu Wen Fei Executives
Gu Pei Jian Director
Zheng Ren Gui Executives

YLZ Information Technology Co (SZSE:300096) Headlines

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