Shandong Publishing & Media Co (SHSE:601019) Days Payable : 211.91 (As of Mar. 2024)

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

What is Shandong Publishing & Media Co Days Payable?

Shandong Publishing & Media Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,522 Mil. Shandong Publishing & Media Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,517 Mil. Hence, Shandong Publishing & Media Co's Days Payable for the three months ended in Mar. 2024 was 211.91.

The historical rank and industry rank for Shandong Publishing & Media Co's Days Payable or its related term are showing as below:

SHSE:601019' s Days Payable Range Over the Past 10 Years
Min: 128.43 Med: 145.58 Max: 165.2
Current: 165.2

During the past 12 years, Shandong Publishing & Media Co's highest Days Payable was 165.20. The lowest was 128.43. And the median was 145.58.

SHSE:601019's Days Payable is ranked better than
72.42% of 932 companies
in the Media - Diversified industry
Industry Median: 79.485 vs SHSE:601019: 165.20

Shandong Publishing & Media Co's Days Payable increased from Mar. 2023 (211.02) to Mar. 2024 (211.91). It may suggest that Shandong Publishing & Media Co delayed paying its suppliers.

Shandong Publishing & Media Co Days Payable Historical Data

The historical data trend for Shandong Publishing & Media 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.

Shandong Publishing & Media Co Days Payable Chart

Shandong Publishing & Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

133.52

149.50

151.84

157.15

150.34

Shandong Publishing & Media 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															211.02	166.60	171.55	132.12	211.91

Competitive Comparison of Shandong Publishing & Media Co's Days Payable

For the Publishing subindustry, Shandong Publishing & Media 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.

Shandong Publishing & Media Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shandong Publishing & Media Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Publishing & Media Co's Days Payable falls into.

Shandong Publishing & Media 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.

Shandong Publishing & Media 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
=	( (2928.542	+	3368.369)	/	2 )	/	7643.723	*	365
=	3148.4555					/	7643.723	*	365
=	150.34

Shandong Publishing & Media 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
=	( (3368.369	+	3675.974)	/	2 )	/	1516.657	*	365 / 4
=	3522.1715					/	1516.657	*	365 / 4
=	211.91

Shandong Publishing & Media Co Days Payable Related Terms

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

Shandong Publishing & Media Co (SHSE:601019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shandong Publishing & Media Co Ltd (SHSE:601019) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 189 Yingxiongshan Road, Shandong Province, Jinan, CHN, 250002

Website

http://www.sdcbcm.com

Shandong Publishing & Media Co Ltd provides publishing services. The company owns and manages publishing houses, periodical presses, printing enterprises, printing materials company, and logistics company. Geographically, the activities are carried out through China.

Shandong Publishing & Media Co (SHSE:601019) Headlines

No Headlines