Nsfocus Technologies Group Co (SZSE:300369) Days Payable : 294.73 (As of Mar. 2024)

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What is Nsfocus Technologies Group Co Days Payable?

Nsfocus Technologies Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥456 Mil. Nsfocus Technologies Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥141 Mil. Hence, Nsfocus Technologies Group Co's Days Payable for the three months ended in Mar. 2024 was 294.73.

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

SZSE:300369' s Days Payable Range Over the Past 10 Years
Min: 112.36 Med: 152.36 Max: 213.59
Current: 179.57

During the past 13 years, Nsfocus Technologies Group Co's highest Days Payable was 213.59. The lowest was 112.36. And the median was 152.36.

SZSE:300369's Days Payable is ranked better than
81.51% of 2531 companies
in the Software industry
Industry Median: 50.16 vs SZSE:300369: 179.57

Nsfocus Technologies Group Co's Days Payable declined from Mar. 2023 (367.92) to Mar. 2024 (294.73). It may suggest that Nsfocus Technologies Group Co accelerated paying its suppliers.

Nsfocus Technologies Group Co Days Payable Historical Data

The historical data trend for Nsfocus Technologies 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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Nsfocus Technologies Group Co Days Payable Chart

Nsfocus Technologies Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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113.55

127.77

112.36

170.59

213.59

Nsfocus Technologies 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															367.92	176.07	211.77	126.86	294.73

Competitive Comparison of Nsfocus Technologies Group Co's Days Payable

For the Software - Infrastructure subindustry, Nsfocus Technologies 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.

Nsfocus Technologies Group Co's Days Payable Distribution in the Software Industry

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

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

Nsfocus Technologies 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.

Nsfocus Technologies 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
=	( (541.92	+	517.413)	/	2 )	/	905.154	*	365
=	529.6665					/	905.154	*	365
=	213.59

Nsfocus Technologies 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
=	( (517.413	+	393.708)	/	2 )	/	141.043	*	365 / 4
=	455.5605					/	141.043	*	365 / 4
=	294.73

Nsfocus Technologies Group Co Days Payable Related Terms

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Nsfocus Technologies Group Co (SZSE:300369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nsfocus Technologies Group Co Ltd (SZSE:300369) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Beibei Road, 5th Floor, Yitai Building, Haidian District, Beijing, CHN, 100089

Website

https://www.nsfocusglobal.com

Nsfocus Technologies Group Co Ltd is a China based internet and application security company. It offers enterprise-level network security solutions and services. The products offered by the company are Anti-DDoS system, Cloud DDoS protection service, Threat intelligence subscription service, Web application firewall, and Web vulnerability scanning system. In addition, it also offers solutions such as cloud DDoS defenses, on-premises DDoS defenses, Hybrid DDoS defenses, global threat intelligence, among others. The company has a business presence in China and other international countries.

Executives

Shen Ji Ye	Director
Zhao Liang	Executives
Li Lu	Supervisors
Du Yan Ying	Securities Affairs Representative
Li Hong	Directors, Directors, and Executives
Chen Ke	Executives
Ye Xiao Hu	Executives

Nsfocus Technologies Group Co (SZSE:300369) Headlines

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