BlueFocus Communication Group Co (SZSE:300058) Days Payable : 60.31 (As of Mar. 2024)

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What is BlueFocus Communication Group Co Days Payable?

BlueFocus Communication Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥10,124 Mil. BlueFocus Communication Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥15,318 Mil. Hence, BlueFocus Communication Group Co's Days Payable for the three months ended in Mar. 2024 was 60.31.

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

SZSE:300058' s Days Payable Range Over the Past 10 Years
Min: 56.22 Med: 81.08 Max: 104.69
Current: 56.22

During the past 13 years, BlueFocus Communication Group Co's highest Days Payable was 104.69. The lowest was 56.22. And the median was 81.08.

SZSE:300058's Days Payable is ranked worse than
61.66% of 926 companies
in the Media - Diversified industry
Industry Median: 79.395 vs SZSE:300058: 56.22

BlueFocus Communication Group Co's Days Payable declined from Mar. 2023 (70.10) to Mar. 2024 (60.31). It may suggest that BlueFocus Communication Group Co accelerated paying its suppliers.

BlueFocus Communication Group Co Days Payable Historical Data

The historical data trend for BlueFocus Communication 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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BlueFocus Communication Group Co Days Payable Chart

BlueFocus Communication Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

77.11

68.30

66.67

65.32

63.33

BlueFocus Communication 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															70.10	58.27	53.11	55.25	60.31

Competitive Comparison of BlueFocus Communication Group Co's Days Payable

For the Advertising Agencies subindustry, BlueFocus Communication 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.

BlueFocus Communication Group Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BlueFocus Communication Group Co's Days Payable distribution charts can be found below:

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

BlueFocus Communication 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.

BlueFocus Communication 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
=	( (6928	+	10701.416)	/	2 )	/	50806.706	*	365
=	8814.708					/	50806.706	*	365
=	63.33

BlueFocus Communication 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
=	( (10701.416	+	9547.265)	/	2 )	/	15317.534	*	365 / 4
=	10124.3405					/	15317.534	*	365 / 4
=	60.31

BlueFocus Communication Group Co Days Payable Related Terms

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BlueFocus Communication Group Co (SZSE:300058) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » BlueFocus Communication Group Co Ltd (SZSE:300058) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

C9, Universal Creative Park, Chaoyang District, Beijing, CHN, 100015

Website

http://www.bluefocusgroup.com

BlueFocus Communication Group Co Ltd provides marketing and brand management services in China and internationally. It offers marketing and brand management services across various disciplines, including strategy, digital, advertising, media, social, PR, design, branding, CRM, data, e-commerce, and mobile solutions to various multinational companies and Chinese enterprises, such as IT, automobile, consumer goods, real estate, finance, and entertainment industries.

BlueFocus Communication Group Co (SZSE:300058) Headlines

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