Beisen Holding (HKSE:09669) Days Payable : 7.52 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Beisen Holding Days Payable?

Beisen Holding's average Accounts Payable for the six months ended in Sep. 2023 was HK$7.2 Mil. Beisen Holding's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$175.4 Mil. Hence, Beisen Holding's Days Payable for the six months ended in Sep. 2023 was 7.52.

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

HKSE:09669' s Days Payable Range Over the Past 10 Years
Min: 3.56 Med: 4.55 Max: 8.25
Current: 8.25

During the past 5 years, Beisen Holding's highest Days Payable was 8.25. The lowest was 3.56. And the median was 4.55.

HKSE:09669's Days Payable is ranked worse than
93.52% of 2531 companies
in the Software industry
Industry Median: 50.36 vs HKSE:09669: 8.25

Beisen Holding's Days Payable declined from Sep. 2022 (8.42) to Sep. 2023 (7.52). It may suggest that Beisen Holding accelerated paying its suppliers.

Beisen Holding Days Payable Historical Data

The historical data trend for Beisen Holding'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.

Beisen Holding Days Payable Chart

Beisen Holding Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

4.55

4.61

3.56

3.82

6.45

Beisen Holding Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial			1.71	5.53	8.42	8.55	7.52

Competitive Comparison of Beisen Holding's Days Payable

For the Software - Application subindustry, Beisen Holding'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.

Beisen Holding's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Beisen Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Beisen Holding's Days Payable falls into.

Beisen Holding 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.

Beisen Holding's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (5.799	+	7.706)	/	2 )	/	381.962	*	365
=	6.7525					/	381.962	*	365
=	6.45

Beisen Holding's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (7.706	+	6.751)	/	2 )	/	175.412	*	365 / 2
=	7.2285					/	175.412	*	365 / 2
=	7.52

Beisen Holding Days Payable Related Terms

Thank you for viewing the detailed overview of Beisen Holding's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Beisen Holding (HKSE:09669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beisen Holding Ltd (HKSE:09669) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

U8V:Germany

Address

No. 35 Shangdi East Road, Room 710, Building 1. Block B, Yiquanhui Building, Haidian District, Beijing, CHN

Website

https://www.beisen.com

Beisen Holding Ltd is an investment holding company. The company and its subsidiaries are primarily engaged in providing cloud-based human capital management (HCM) solutions in the People's Republic of China which enables customers to recruit, evaluate, manage, develop, and retain talents efficiently. Its platform iTalentX delivers cloud-native SaaS products, namely cloud-based HCM solutions, for enterprises to recruit, evaluate, manage, and retain talents. Its platform offers a full suite of cloud-based applications covering an organization's HCM needs throughout the entire employee lifecycle.

Beisen Holding (HKSE:09669) Headlines

No Headlines