Beijing Join-Cheer Software Co (SZSE:002279) Days Payable : 60.23 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Beijing Join-Cheer Software Co Days Payable?

Beijing Join-Cheer Software Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥428 Mil. Beijing Join-Cheer Software Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥648 Mil. Hence, Beijing Join-Cheer Software Co's Days Payable for the three months ended in Mar. 2024 was 60.23.

The historical rank and industry rank for Beijing Join-Cheer Software Co's Days Payable or its related term are showing as below:

SZSE:002279' s Days Payable Range Over the Past 10 Years
Min: 36.46 Med: 47.68 Max: 66.07
Current: 38.7

During the past 13 years, Beijing Join-Cheer Software Co's highest Days Payable was 66.07. The lowest was 36.46. And the median was 47.68.

SZSE:002279's Days Payable is ranked worse than
57.92% of 2531 companies
in the Software industry
Industry Median: 50.16 vs SZSE:002279: 38.70

Beijing Join-Cheer Software Co's Days Payable increased from Mar. 2023 (55.12) to Mar. 2024 (60.23). It may suggest that Beijing Join-Cheer Software Co delayed paying its suppliers.

Beijing Join-Cheer Software Co Days Payable Historical Data

The historical data trend for Beijing Join-Cheer Software 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.

* Premium members only.

Beijing Join-Cheer Software Co Days Payable Chart

Beijing Join-Cheer Software Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

45.60

47.21

36.46

38.24

61.16

Beijing Join-Cheer Software 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															55.12	33.46	35.33	35.79	60.23

Competitive Comparison of Beijing Join-Cheer Software Co's Days Payable

For the Software - Application subindustry, Beijing Join-Cheer Software 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.

Beijing Join-Cheer Software Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Join-Cheer Software Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Join-Cheer Software Co's Days Payable falls into.

Beijing Join-Cheer Software 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.

Beijing Join-Cheer Software 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
=	( (250.472	+	566.697)	/	2 )	/	2438.332	*	365
=	408.5845					/	2438.332	*	365
=	61.16

Beijing Join-Cheer Software 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
=	( (566.697	+	289.224)	/	2 )	/	648.332	*	365 / 4
=	427.9605					/	648.332	*	365 / 4
=	60.23

Beijing Join-Cheer Software Co Days Payable Related Terms

Thank you for viewing the detailed overview of Beijing Join-Cheer Software Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing Join-Cheer Software Co (SZSE:002279) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Join-Cheer Software Co Ltd (SZSE:002279) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Da Hui Si Road, Building 3, 3F, Haidian District, Beijing, Beijing, CHN, 100081

Website

http://www.jiuqi.com.cn

Beijing Join-Cheer Software Co Ltd is a management software provider that focuses on providing big data integrated services. The solutions provided by the company include government management and services, long time big data, long time report, and longtime DNA.

Executives

Li Jun	Director
Zhao Fu Jun	Director
Shi Rui Feng	Directors, executives
Wang Hai Xia	Directors, executives
Wang Xin	Director
Qiu An Chao	Directors, executives
Ou Yang Yao	Directors, executives
Ceng Chao	Supervisors
Liu Wen Sheng	Executives
Wang Jin Yan	Supervisors
Zhu Xiao Jun	Executives
Li Kun Qi	Director

Beijing Join-Cheer Software Co (SZSE:002279) Headlines

No Headlines