GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zhejiang Jinke Tom Culture Industry Co Ltd (SZSE:300459) » Definitions » Days Payable

Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) Days Payable : 185.77 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Zhejiang Jinke Tom Culture Industry Co Days Payable?

Zhejiang Jinke Tom Culture Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥63 Mil. Zhejiang Jinke Tom Culture Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥31 Mil. Hence, Zhejiang Jinke Tom Culture Industry Co's Days Payable for the three months ended in Mar. 2024 was 185.77.

The historical rank and industry rank for Zhejiang Jinke Tom Culture Industry Co's Days Payable or its related term are showing as below:

SZSE:300459' s Days Payable Range Over the Past 10 Years
Min: 56.91   Med: 79.82   Max: 305.03
Current: 180.14

During the past 13 years, Zhejiang Jinke Tom Culture Industry Co's highest Days Payable was 305.03. The lowest was 56.91. And the median was 79.82.

SZSE:300459's Days Payable is ranked better than
77.37% of 433 companies
in the Interactive Media industry
Industry Median: 61.44 vs SZSE:300459: 180.14

Zhejiang Jinke Tom Culture Industry Co's Days Payable declined from Mar. 2023 (257.84) to Mar. 2024 (185.77). It may suggest that Zhejiang Jinke Tom Culture Industry Co accelerated paying its suppliers.


Zhejiang Jinke Tom Culture Industry Co Days Payable Historical Data

The historical data trend for Zhejiang Jinke Tom Culture Industry 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.

Zhejiang Jinke Tom Culture Industry Co Days Payable Chart

Zhejiang Jinke Tom Culture Industry 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 98.89 78.57 305.03 284.79 222.40

Zhejiang Jinke Tom Culture Industry 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 257.84 205.20 237.69 126.41 185.77

Competitive Comparison of Zhejiang Jinke Tom Culture Industry Co's Days Payable

For the Electronic Gaming & Multimedia subindustry, Zhejiang Jinke Tom Culture Industry 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.


Zhejiang Jinke Tom Culture Industry Co's Days Payable Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zhejiang Jinke Tom Culture Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Jinke Tom Culture Industry Co's Days Payable falls into.



Zhejiang Jinke Tom Culture Industry 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.

Zhejiang Jinke Tom Culture Industry 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
=( (93.307 + 67.678) / 2 ) / 132.106*365
=80.4925 / 132.106*365
=222.40

Zhejiang Jinke Tom Culture Industry 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
=( (67.678 + 58.039) / 2 ) / 30.876*365 / 4
=62.8585 / 30.876*365 / 4
=185.77

* 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.


Zhejiang Jinke Tom Culture Industry Co Days Payable Related Terms

Thank you for viewing the detailed overview of Zhejiang Jinke Tom Culture Industry Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) Business Description

Traded in Other Exchanges
N/A
Address
No. 299 Pingyi Road, Qianjiang Century City, 36th Floor, Zhejiang Chamber of Commerce Building, Xiaoshan District, Zhejiang Province, Hangzhou, CHN, 311215
Zhejiang Jinke Culture Industry Co Ltd is a China-based internet high-tech company engaged in the research and development, distribution, internet education, film and television animation and other related activities. In addition, it is also involved in offering chemical raw materials. The business segments of the company are Mobile internet culture and Fine chemical new materials.
Executives
Zhu Zhi Gang Director
Wang Jian Director
Zhu Tian Directors, executives
Ding Ning Supervisors
Wei Hong Tao Directors, executives
Zhang Wei Xin Directors, executives
Ge Min Hai Director

Zhejiang Jinke Tom Culture Industry Co (SZSE:300459) Headlines

No Headlines