Bringspring Science and Technology Co (SZSE:300290) Days Payable : 250.04 (As of Mar. 2024)

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What is Bringspring Science and Technology Co Days Payable?

Bringspring Science and Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥204.8 Mil. Bringspring Science and Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥74.7 Mil. Hence, Bringspring Science and Technology Co's Days Payable for the three months ended in Mar. 2024 was 250.04.

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

SZSE:300290' s Days Payable Range Over the Past 10 Years
Min: 98.19 Med: 150.31 Max: 204.74
Current: 177.74

During the past 13 years, Bringspring Science and Technology Co's highest Days Payable was 204.74. The lowest was 98.19. And the median was 150.31.

SZSE:300290's Days Payable is ranked better than
81.35% of 2531 companies
in the Software industry
Industry Median: 50.13 vs SZSE:300290: 177.74

Bringspring Science and Technology Co's Days Payable increased from Mar. 2023 (237.23) to Mar. 2024 (250.04). It may suggest that Bringspring Science and Technology Co delayed paying its suppliers.

Bringspring Science and Technology Co Days Payable Historical Data

The historical data trend for Bringspring Science and Technology 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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Bringspring Science and Technology Co Days Payable Chart

Bringspring Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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151.11

137.91

146.16

204.74

201.76

Bringspring Science and Technology 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															237.23	190.72	164.35	145.96	250.04

Competitive Comparison of Bringspring Science and Technology Co's Days Payable

For the Information Technology Services subindustry, Bringspring Science and Technology 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.

Bringspring Science and Technology Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Bringspring Science and Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Bringspring Science and Technology Co's Days Payable falls into.

Bringspring Science and Technology 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.

Bringspring Science and Technology 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
=	( (256.292	+	239.743)	/	2 )	/	448.674	*	365
=	248.0175					/	448.674	*	365
=	201.76

Bringspring Science and Technology 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
=	( (239.743	+	169.799)	/	2 )	/	74.729	*	365 / 4
=	204.771					/	74.729	*	365 / 4
=	250.04

Bringspring Science and Technology Co Days Payable Related Terms

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Bringspring Science and Technology Co (SZSE:300290) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bringspring Science and Technology Co Ltd (SZSE:300290) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7A 3, Development Road, Economic and Technological Development Zone, Liaoning Province, Shenyang, CHN, 110027

Website

http://www.bringspring.com

Bringspring Science and Technology Co Ltd is engaged in providing IT services for data centers and outsourcing centers.

Executives

Liu Bin	Executives
Yin Chun Fu	Executives
Li Xiu	Executives
Qin Yi	Executives
Cui Wan Tian	Director
Fu Yong Quan	Directors, executives
Zhu Liang	Executives
Ai Chuan	Supervisors
Zhang Yu	Secretary Dong
Guo Wei	Supervisors
Fu Yan Jie	Director
Cui Wan Tao	Director
Yu Li Xing	Supervisors
Yang Xing Li	Executives

Bringspring Science and Technology Co (SZSE:300290) Headlines

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