China VTV (China VTV) Days Payable : 34.09 (As of Aug. 2020)

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What is China VTV Days Payable?

China VTV's average Accounts Payable for the three months ended in Aug. 2020 was $0.47 Mil. China VTV's Cost of Goods Sold for the three months ended in Aug. 2020 was $1.26 Mil. Hence, China VTV's Days Payable for the three months ended in Aug. 2020 was 34.09.

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

CVTV's Days Payable is not ranked ^*
in the Interactive Media industry.
Industry Median: 61.44
* Ranked among companies with meaningful Days Payable only.

China VTV's Days Payable declined from Aug. 2019 (91.25) to Aug. 2020 (34.09). It may suggest that China VTV accelerated paying its suppliers.

China VTV Days Payable Historical Data

The historical data trend for China VTV'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.

China VTV Days Payable Chart

China VTV Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Days Payable

Get a 7-Day Free Trial

219,730.00

China VTV Quarterly Data
	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20
Days Payable	Get a 7-Day Free Trial															91.25	-	-	35.01	34.09

Competitive Comparison of China VTV's Days Payable

For the Internet Content & Information subindustry, China VTV'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.

China VTV's Days Payable Distribution in the Interactive Media Industry

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

* The bar in red indicates where China VTV's Days Payable falls into.

China VTV 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.

China VTV's Days Payable for the fiscal year that ended in Feb. 2020 is calculated as

	Days Payable (A: Feb. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Feb. 2019 )	+	Accounts Payable (A: Feb. 2020 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2020 )	*	Days in Period
=	( (0	+	0.602)	/	1 )	/	0.001	*	365
=	0.602					/	0.001	*	365
=	219,730.00

China VTV's Days Payable for the quarter that ended in Aug. 2020 is calculated as:

	Days Payable (Q: Aug. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: May. 2020 )	+	Accounts Payable (Q: Aug. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2020 )	*	Days in Period
=	( (0.612	+	0.331)	/	2 )	/	1.262	*	365 / 4
=	0.4715					/	1.262	*	365 / 4
=	34.09

China VTV Days Payable Related Terms

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China VTV (China VTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China VTV Ltd (OTCPK:CVTV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG

Website

http://www.tbamm.com

China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.

Executives

Jack Chen

director, 10 percent owner, officer: See Remarks

ROOM 701, BUILDING 13, LANE 51 SHANGZHONG ROAD, XUHUI DISTRICT SHANGHAI F4 00000

China VTV (China VTV) Headlines

No Headlines