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Sichuan Discovery Dream Science & Technology Co (SZSE:301213) Days Payable : 577.77 (As of Mar. 2024)


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What is Sichuan Discovery Dream Science & Technology Co Days Payable?

Sichuan Discovery Dream Science & Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥43.1 Mil. Sichuan Discovery Dream Science & Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥6.8 Mil. Hence, Sichuan Discovery Dream Science & Technology Co's Days Payable for the three months ended in Mar. 2024 was 577.77.

The historical rank and industry rank for Sichuan Discovery Dream Science & Technology Co's Days Payable or its related term are showing as below:

SZSE:301213' s Days Payable Range Over the Past 10 Years
Min: 67.17   Med: 105.44   Max: 425.25
Current: 343.32

During the past 10 years, Sichuan Discovery Dream Science & Technology Co's highest Days Payable was 425.25. The lowest was 67.17. And the median was 105.44.

SZSE:301213's Days Payable is ranked better than
93.82% of 923 companies
in the Business Services industry
Industry Median: 47.09 vs SZSE:301213: 343.32

Sichuan Discovery Dream Science & Technology Co's Days Payable declined from Mar. 2023 (1,485.35) to Mar. 2024 (577.77). It may suggest that Sichuan Discovery Dream Science & Technology Co accelerated paying its suppliers.


Sichuan Discovery Dream Science & Technology Co Days Payable Historical Data

The historical data trend for Sichuan Discovery Dream Science & 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.

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Sichuan Discovery Dream Science & Technology Co Days Payable Chart

Sichuan Discovery Dream Science & Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.94 231.34 295.22 336.33 425.25

Sichuan Discovery Dream Science & Technology Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Mar20 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 1,485.35 253.59 918.85 201.10 577.77

Competitive Comparison of Sichuan Discovery Dream Science & Technology Co's Days Payable

For the Security & Protection Services subindustry, Sichuan Discovery Dream Science & 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.


Sichuan Discovery Dream Science & Technology Co's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sichuan Discovery Dream Science & Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sichuan Discovery Dream Science & Technology Co's Days Payable falls into.



Sichuan Discovery Dream Science & 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.

Sichuan Discovery Dream Science & 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
=( (44.26 + 44.894) / 2 ) / 38.261*365
=44.577 / 38.261*365
=425.25

Sichuan Discovery Dream Science & 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
=( (44.894 + 41.293) / 2 ) / 6.806*365 / 4
=43.0935 / 6.806*365 / 4
=577.77

* 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.


Sichuan Discovery Dream Science & Technology Co Days Payable Related Terms

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Sichuan Discovery Dream Science & Technology Co (SZSE:301213) Business Description

Traded in Other Exchanges
N/A
Address
No. 666, Jitai Road, No. 8, 18th Floor, Building 1, Chengdu High-tech Zone, Pilot Free Trade Zone, Sichuan, CHN, 610041
Sichuan Discovery Dream Science & Technology Co Ltd provide customers with related software and hardware products and services such as equipment life cycle management systems, intelligent weapons and equipment management and control modules.

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