Costar Group Co (SZSE:002189) Days Payable : 153.71 (As of Mar. 2024)

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What is Costar Group Co Days Payable?

Costar Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥667 Mil. Costar Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥396 Mil. Hence, Costar Group Co's Days Payable for the three months ended in Mar. 2024 was 153.71.

The historical rank and industry rank for Costar Group Co's Days Payable or its related term are showing as below:

SZSE:002189' s Days Payable Range Over the Past 10 Years
Min: 65.08 Med: 118.19 Max: 160.21
Current: 147.77

During the past 13 years, Costar Group Co's highest Days Payable was 160.21. The lowest was 65.08. And the median was 118.19.

SZSE:002189's Days Payable is ranked better than
84.53% of 2418 companies
in the Hardware industry
Industry Median: 68.005 vs SZSE:002189: 147.77

Costar Group Co's Days Payable declined from Mar. 2023 (155.94) to Mar. 2024 (153.71). It may suggest that Costar Group Co accelerated paying its suppliers.

Costar Group Co Days Payable Historical Data

The historical data trend for Costar 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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Costar Group Co Days Payable Chart

Costar Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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160.21

116.93

107.09

129.05

154.39

Costar 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															155.94	146.91	161.22	137.58	153.71

Competitive Comparison of Costar Group Co's Days Payable

For the Computer Hardware subindustry, Costar 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.

Costar Group Co's Days Payable Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Costar Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Costar Group Co's Days Payable falls into.

Costar 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.

Costar 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
=	( (1040.143	+	691.362)	/	2 )	/	2046.784	*	365
=	865.7525					/	2046.784	*	365
=	154.39

Costar 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
=	( (691.362	+	643.271)	/	2 )	/	396.143	*	365 / 4
=	667.3165					/	396.143	*	365 / 4
=	153.71

Costar Group Co Days Payable Related Terms

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Costar Group Co (SZSE:002189) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Costar Group Co Ltd (SZSE:002189) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 254, Zhongzhou road, Henan, Nanyang, CHN

Website

http://www.cccme.org.cn

Costar Group Co Ltd is an optical manufacturer based in China. The company primarily focuses on the developing, manufacturing, sale of an optical component, optical coating product, lens assembly, light engine, optical auxiliary material and optical instrument. Its products are mainly used in a digital projector, large screen projection, digital camera, digital optical disc and high precision optical system. The company's products are exported to Japan, the United States of America, Germany, South Korea, Hong Kong and Taiwan.

Executives

Wang Shi Xian	Executives
Wang Teng Jiao	Independent director
Xiao Lian Feng	Director
Yang Tai Li	Supervisors
Wang Lin	Independent director

Costar Group Co (SZSE:002189) Headlines

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