Beijing Golden Times Media Technology (BJSE:834021) Days Payable : 327.10 (As of Mar. 2024)

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What is Beijing Golden Times Media Technology Days Payable?

Beijing Golden Times Media Technology's average Accounts Payable for the three months ended in Mar. 2024 was ¥343.5 Mil. Beijing Golden Times Media Technology's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥95.8 Mil. Hence, Beijing Golden Times Media Technology's Days Payable for the three months ended in Mar. 2024 was 327.10.

The historical rank and industry rank for Beijing Golden Times Media Technology's Days Payable or its related term are showing as below:

BJSE:834021' s Days Payable Range Over the Past 10 Years
Min: 43.54 Med: 98.83 Max: 233.67
Current: 193.29

During the past 11 years, Beijing Golden Times Media Technology's highest Days Payable was 233.67. The lowest was 43.54. And the median was 98.83.

BJSE:834021's Days Payable is ranked better than
77.01% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs BJSE:834021: 193.29

Beijing Golden Times Media Technology's Days Payable declined from Mar. 2023 (448.17) to Mar. 2024 (327.10). It may suggest that Beijing Golden Times Media Technology accelerated paying its suppliers.

Beijing Golden Times Media Technology Days Payable Historical Data

The historical data trend for Beijing Golden Times Media Technology'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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Beijing Golden Times Media Technology Days Payable Chart

Beijing Golden Times Media Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

106.55

116.50

115.37

171.24

233.67

Beijing Golden Times Media Technology 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															448.17	232.27	229.78	119.20	327.10

Competitive Comparison of Beijing Golden Times Media Technology's Days Payable

For the Entertainment subindustry, Beijing Golden Times Media Technology'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.

Beijing Golden Times Media Technology's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Beijing Golden Times Media Technology's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Golden Times Media Technology's Days Payable falls into.

Beijing Golden Times Media Technology 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.

Beijing Golden Times Media Technology'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
=	( (424.599	+	372.755)	/	2 )	/	622.756	*	365
=	398.677					/	622.756	*	365
=	233.67

Beijing Golden Times Media Technology'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
=	( (372.755	+	314.198)	/	2 )	/	95.818	*	365 / 4
=	343.4765					/	95.818	*	365 / 4
=	327.10

Beijing Golden Times Media Technology Days Payable Related Terms

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Beijing Golden Times Media Technology (BJSE:834021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Beijing Golden Times Media Technology Corp Ltd (BJSE:834021) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shixing Street, Room B-0103, Floor 2, Building 3, Yard 30, Shijingshan District, Beijing, CHN, 100023

Website

https://www.bjljsy.com

Beijing Golden Times Media Technology Corp Ltd operates in the mobile Internet media entertainment ecosystem industry. The group conducts video content operations and electronic media distribution around the mobile Internet. The company has embedded hardware 8K professional decoder to provide technical support for the 8K live broadcast of the Beijing Radio and Television Station Winter Olympics.

Beijing Golden Times Media Technology (BJSE:834021) Headlines

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