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Kunlun Tech Co (SZSE:300418) Days Payable : 422.19 (As of Mar. 2024)


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What is Kunlun Tech Co Days Payable?

Kunlun Tech Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,205 Mil. Kunlun Tech Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥260 Mil. Hence, Kunlun Tech Co's Days Payable for the three months ended in Mar. 2024 was 422.19.

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

SZSE:300418' s Days Payable Range Over the Past 10 Years
Min: 108.48   Med: 354.83   Max: 756.05
Current: 442.41

During the past 13 years, Kunlun Tech Co's highest Days Payable was 756.05. The lowest was 108.48. And the median was 354.83.

SZSE:300418's Days Payable is ranked better than
87.96% of 432 companies
in the Interactive Media industry
Industry Median: 60.97 vs SZSE:300418: 442.41

Kunlun Tech Co's Days Payable declined from Mar. 2023 (648.82) to Mar. 2024 (422.19). It may suggest that Kunlun Tech Co accelerated paying its suppliers.


Kunlun Tech Co Days Payable Historical Data

The historical data trend for Kunlun Tech 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.

Kunlun Tech Co Days Payable Chart

Kunlun Tech 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 668.98 548.98 559.46 756.05 494.84

Kunlun Tech 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 648.82 473.36 481.13 407.57 422.19

Competitive Comparison of Kunlun Tech Co's Days Payable

For the Electronic Gaming & Multimedia subindustry, Kunlun Tech 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.


Kunlun Tech Co's Days Payable Distribution in the Interactive Media Industry

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

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



Kunlun Tech 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.

Kunlun Tech 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
=( (1607.233 + 1212.865) / 2 ) / 1040.072*365
=1410.049 / 1040.072*365
=494.84

Kunlun Tech 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
=( (1212.865 + 1197.602) / 2 ) / 260.491*365 / 4
=1205.2335 / 260.491*365 / 4
=422.19

* 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.


Kunlun Tech Co Days Payable Related Terms

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Kunlun Tech Co (SZSE:300418) Business Description

Traded in Other Exchanges
N/A
Address
No. 46, Xizongbu Hutong, Block B, Mingyang International Center, Dongcheng District, Beijing, CHN, 100005
Kunlun Tech Co Ltd engages in the development and distribution of online games in China. It also operates software application stores. The company develops and distributes web games, social games, mobile games, and software applications. Geographically the company distributes its products in domestic and overseas markets.

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