Guangdong Brandmax Marketing Co (SZSE:300805) Days Payable : 54.02 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Guangdong Brandmax Marketing Co Days Payable?

Guangdong Brandmax Marketing Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥277 Mil. Guangdong Brandmax Marketing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥468 Mil. Hence, Guangdong Brandmax Marketing Co's Days Payable for the three months ended in Mar. 2024 was 54.02.

The historical rank and industry rank for Guangdong Brandmax Marketing Co's Days Payable or its related term are showing as below:

SZSE:300805' s Days Payable Range Over the Past 10 Years
Min: 34.34 Med: 73.83 Max: 111.47
Current: 63.19

During the past 9 years, Guangdong Brandmax Marketing Co's highest Days Payable was 111.47. The lowest was 34.34. And the median was 73.83.

SZSE:300805's Days Payable is ranked worse than
58.27% of 925 companies
in the Media - Diversified industry
Industry Median: 79.7 vs SZSE:300805: 63.19

Guangdong Brandmax Marketing Co's Days Payable declined from Mar. 2023 (84.72) to Mar. 2024 (54.02). It may suggest that Guangdong Brandmax Marketing Co accelerated paying its suppliers.

Guangdong Brandmax Marketing Co Days Payable Historical Data

The historical data trend for Guangdong Brandmax Marketing 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.

Guangdong Brandmax Marketing Co Days Payable Chart

Guangdong Brandmax Marketing Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

74.45

82.94

98.08

111.47

73.83

Guangdong Brandmax Marketing 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															84.72	73.27	71.78	53.65	54.02

Competitive Comparison of Guangdong Brandmax Marketing Co's Days Payable

For the Advertising Agencies subindustry, Guangdong Brandmax Marketing 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.

Guangdong Brandmax Marketing Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Guangdong Brandmax Marketing Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Brandmax Marketing Co's Days Payable falls into.

Guangdong Brandmax Marketing 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.

Guangdong Brandmax Marketing 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
=	( (495.468	+	306.128)	/	2 )	/	1981.401	*	365
=	400.798					/	1981.401	*	365
=	73.83

Guangdong Brandmax Marketing 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
=	( (306.128	+	247.497)	/	2 )	/	467.552	*	365 / 4
=	276.8125					/	467.552	*	365 / 4
=	54.02

Guangdong Brandmax Marketing Co Days Payable Related Terms

Thank you for viewing the detailed overview of Guangdong Brandmax Marketing Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Brandmax Marketing Co (SZSE:300805) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Guangdong Brandmax Marketing Co Ltd (SZSE:300805) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 163, Pingyun Road, Huangpu Road, Three rooms on the fourth floor of the Communication Building, Tianhe District, Guangdong, Guangzhou, CHN

Website

http://www.brandmax.com.cn

Guangdong Brandmax Marketing Co Ltd is a provider of planning, execution, monitoring, and feedback services for marketing activities such as interactive display, retail terminal management, and brand communication.

Guangdong Brandmax Marketing Co (SZSE:300805) Headlines

No Headlines