Ourpalm Co (SZSE:300315) Days Payable : 183.37 (As of Mar. 2024)

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What is Ourpalm Co Days Payable?

Ourpalm Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥114.9 Mil. Ourpalm Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥57.2 Mil. Hence, Ourpalm Co's Days Payable for the three months ended in Mar. 2024 was 183.37.

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

SZSE:300315' s Days Payable Range Over the Past 10 Years
Min: 16.39 Med: 82.76 Max: 205.82
Current: 196.62

During the past 13 years, Ourpalm Co's highest Days Payable was 205.82. The lowest was 16.39. And the median was 82.76.

SZSE:300315's Days Payable is ranked better than
80.14% of 433 companies
in the Interactive Media industry
Industry Median: 61.44 vs SZSE:300315: 196.62

Ourpalm Co's Days Payable declined from Mar. 2023 (233.32) to Mar. 2024 (183.37). It may suggest that Ourpalm Co accelerated paying its suppliers.

Ourpalm Co Days Payable Historical Data

The historical data trend for Ourpalm 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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Ourpalm Co Days Payable Chart

Ourpalm Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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88.02

116.01

159.03

200.29

205.82

Ourpalm 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															233.32	226.56	196.82	182.64	183.37

Competitive Comparison of Ourpalm Co's Days Payable

For the Electronic Gaming & Multimedia subindustry, Ourpalm 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.

Ourpalm Co's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Ourpalm Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ourpalm Co's Days Payable falls into.

Ourpalm 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.

Ourpalm 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
=	( (135.932	+	102.95)	/	2 )	/	211.817	*	365
=	119.441					/	211.817	*	365
=	205.82

Ourpalm 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
=	( (102.95	+	126.841)	/	2 )	/	57.174	*	365 / 4
=	114.8955					/	57.174	*	365 / 4
=	183.37

Ourpalm Co Days Payable Related Terms

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Ourpalm Co (SZSE:300315) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Ourpalm Co Ltd (SZSE:300315) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Baosheng South Road, Room 901, Building 29, Block C, Lingzhi Center, Aobei Science and Technology Park, Haidian District, Beijing, CHN

Website

http://www.ourpalm.com

Ourpalm Co Ltd is a China-based company engaged in the development, publishing, and operation of games. Its main business includes mobile terminal games, internet page games and product development, agent distribution and operation and maintenance of its peripheral products.

Executives

Cheng Li	Executives
Yao Wen Zhe	Directors, executives
Wu Lin Guang	Director
Hu Bin	Directors, executives
Li Hao Sheng	Directors, executives
Deng Pan	Director
Yao Wen Bin	Director
Song Hai Bo	Director
Ye Ying Tao	Director
Wang Zhong Jun	Director
Yang Kai	Directors, executives
Zhang Yun Xia	Directors, Directors, and Executives

Ourpalm Co (SZSE:300315) Headlines

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