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Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Days Payable : 601.24 (As of Mar. 2024)


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What is Shaanxi Broadcast & TV Network Intermediary (Group) Co Days Payable?

Shaanxi Broadcast & TV Network Intermediary (Group) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥2,239 Mil. Shaanxi Broadcast & TV Network Intermediary (Group) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥340 Mil. Hence, Shaanxi Broadcast & TV Network Intermediary (Group) Co's Days Payable for the three months ended in Mar. 2024 was 601.24.

The historical rank and industry rank for Shaanxi Broadcast & TV Network Intermediary (Group) Co's Days Payable or its related term are showing as below:

SHSE:600831' s Days Payable Range Over the Past 10 Years
Min: 193.82   Med: 259.88   Max: 459.49
Current: 459.49

During the past 13 years, Shaanxi Broadcast & TV Network Intermediary (Group) Co's highest Days Payable was 459.49. The lowest was 193.82. And the median was 259.88.

SHSE:600831's Days Payable is ranked better than
89.56% of 929 companies
in the Media - Diversified industry
Industry Median: 79.27 vs SHSE:600831: 459.49

Shaanxi Broadcast & TV Network Intermediary (Group) Co's Days Payable increased from Mar. 2023 (516.90) to Mar. 2024 (601.24). It may suggest that Shaanxi Broadcast & TV Network Intermediary (Group) Co delayed paying its suppliers.


Shaanxi Broadcast & TV Network Intermediary (Group) Co Days Payable Historical Data

The historical data trend for Shaanxi Broadcast & TV Network Intermediary (Group) 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.

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Shaanxi Broadcast & TV Network Intermediary (Group) Co Days Payable Chart

Shaanxi Broadcast & TV Network Intermediary (Group) 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 254.20 265.55 302.04 368.32 452.94

Shaanxi Broadcast & TV Network Intermediary (Group) 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 516.90 471.86 605.36 303.71 601.24

Competitive Comparison of Shaanxi Broadcast & TV Network Intermediary (Group) Co's Days Payable

For the Broadcasting subindustry, Shaanxi Broadcast & TV Network Intermediary (Group) 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.


Shaanxi Broadcast & TV Network Intermediary (Group) Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shaanxi Broadcast & TV Network Intermediary (Group) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shaanxi Broadcast & TV Network Intermediary (Group) Co's Days Payable falls into.



Shaanxi Broadcast & TV Network Intermediary (Group) 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.

Shaanxi Broadcast & TV Network Intermediary (Group) 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
=( (2320.522 + 2271.628) / 2 ) / 1850.267*365
=2296.075 / 1850.267*365
=452.94

Shaanxi Broadcast & TV Network Intermediary (Group) 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
=( (2271.628 + 2206.14) / 2 ) / 339.796*365 / 4
=2238.884 / 339.796*365 / 4
=601.24

* 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.


Shaanxi Broadcast & TV Network Intermediary (Group) Co Days Payable Related Terms

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Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Business Description

Traded in Other Exchanges
N/A
Address
No. 15 Gaoxin 1st Road, New and High-Technology Development Zone, Xi'an, Shanxi, CHN, 710075
Shaanxi Broadcast & TV Network Intermediary (Group) Co Ltd is engaged in the provision of planning, construction, and operation and management of radio and television network in Shaanxi Province. The company provides digital and cable television services, high-definition interactive services, including basic channel broadcast services, channel broadcast subscription and information services, and video-on-demand services; and data services.

Shaanxi Broadcast & TV Network Intermediary (Group) Co (SHSE:600831) Headlines

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