Transportation Telecommunication & Information Dev Zhejiang (SZSE:300469) Days Payable : 739.35 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Transportation Telecommunication & Information Dev Zhejiang Days Payable?

Transportation Telecommunication & Information Dev Zhejiang's average Accounts Payable for the three months ended in Mar. 2024 was ¥134.9 Mil. Transportation Telecommunication & Information Dev Zhejiang's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥16.6 Mil. Hence, Transportation Telecommunication & Information Dev Zhejiang's Days Payable for the three months ended in Mar. 2024 was 739.35.

The historical rank and industry rank for Transportation Telecommunication & Information Dev Zhejiang's Days Payable or its related term are showing as below:

SZSE:300469' s Days Payable Range Over the Past 10 Years
Min: 101.06 Med: 185.31 Max: 301.34
Current: 239.74

During the past 13 years, Transportation Telecommunication & Information Dev Zhejiang's highest Days Payable was 301.34. The lowest was 101.06. And the median was 185.31.

SZSE:300469's Days Payable is ranked better than
89.62% of 925 companies
in the Business Services industry
Industry Median: 47.73 vs SZSE:300469: 239.74

Transportation Telecommunication & Information Dev Zhejiang's Days Payable increased from Mar. 2023 (523.73) to Mar. 2024 (739.35). It may suggest that Transportation Telecommunication & Information Dev Zhejiang delayed paying its suppliers.

Transportation Telecommunication & Information Dev Zhejiang Days Payable Historical Data

The historical data trend for Transportation Telecommunication & Information Dev Zhejiang'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.

Transportation Telecommunication & Information Dev Zhejiang Days Payable Chart

Transportation Telecommunication & Information Dev Zhejiang Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

174.84

168.11

201.72

301.34

273.71

Transportation Telecommunication & Information Dev Zhejiang 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															523.73	285.65	365.46	121.85	739.35

Competitive Comparison of Transportation Telecommunication & Information Dev Zhejiang's Days Payable

For the Specialty Business Services subindustry, Transportation Telecommunication & Information Dev Zhejiang'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.

Transportation Telecommunication & Information Dev Zhejiang's Days Payable Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Transportation Telecommunication & Information Dev Zhejiang's Days Payable distribution charts can be found below:

* The bar in red indicates where Transportation Telecommunication & Information Dev Zhejiang's Days Payable falls into.

Transportation Telecommunication & Information Dev Zhejiang 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.

Transportation Telecommunication & Information Dev Zhejiang'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
=	( (144.177	+	153.239)	/	2 )	/	198.304	*	365
=	148.708					/	198.304	*	365
=	273.71

Transportation Telecommunication & Information Dev Zhejiang'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
=	( (153.239	+	116.541)	/	2 )	/	16.648	*	365 / 4
=	134.89					/	16.648	*	365 / 4
=	739.35

Transportation Telecommunication & Information Dev Zhejiang Days Payable Related Terms

Thank you for viewing the detailed overview of Transportation Telecommunication & Information Dev Zhejiang's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Transportation Telecommunication & Information Dev Zhejiang (SZSE:300469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Transportation Telecommunication & Information Dev Inc Ltd Zhejiang (SZSE:300469) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6011, Songze Avenue, Qingpu, Shanghai, CHN, 314050

Website

https://www.cesgroup.com.cn

Transportation Telecommunication & Information Dev Inc Ltd Zhejiang Formerly Trust Alliance Information Development Inc Ltd Shanghai is engaged in provision of information system development and services in the fields of archives, food circulation traceability, politics and law. It provides customers with related overall solutions such as information system planning consultation, software and hardware product development, system integration, operation maintenance and promotion.

Executives

Zhang Shu Hua	Directors, executives
Liu Li Zhou	Director
Li Zhi Qing	Director
Xu Yun Wei	Directors, executives
Yang An Rong	Directors, executives
Zhang Ying	Directors, executives
Chen Ruo Chu	Supervisors

Transportation Telecommunication & Information Dev Zhejiang (SZSE:300469) Headlines

No Headlines