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Capitalonline Data Service Co (SZSE:300846) Days Payable : 91.82 (As of Mar. 2024)


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What is Capitalonline Data Service Co Days Payable?

Capitalonline Data Service Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥293 Mil. Capitalonline Data Service Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥291 Mil. Hence, Capitalonline Data Service Co's Days Payable for the three months ended in Mar. 2024 was 91.82.

The historical rank and industry rank for Capitalonline Data Service Co's Days Payable or its related term are showing as below:

SZSE:300846' s Days Payable Range Over the Past 10 Years
Min: 38.8   Med: 58.06   Max: 81.16
Current: 68.54

During the past 13 years, Capitalonline Data Service Co's highest Days Payable was 81.16. The lowest was 38.80. And the median was 58.06.

SZSE:300846's Days Payable is ranked better than
58.65% of 2527 companies
in the Software industry
Industry Median: 49.58 vs SZSE:300846: 68.54

Capitalonline Data Service Co's Days Payable increased from Mar. 2023 (56.21) to Mar. 2024 (91.82). It may suggest that Capitalonline Data Service Co delayed paying its suppliers.


Capitalonline Data Service Co Days Payable Historical Data

The historical data trend for Capitalonline Data Service 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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Capitalonline Data Service Co Days Payable Chart

Capitalonline Data Service Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.52 58.05 62.86 58.06 69.93

Capitalonline Data Service 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.21 57.89 65.56 62.41 91.82

Competitive Comparison of Capitalonline Data Service Co's Days Payable

For the Information Technology Services subindustry, Capitalonline Data Service 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.


Capitalonline Data Service Co's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Capitalonline Data Service Co's Days Payable falls into.



Capitalonline Data Service 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.

Capitalonline Data Service 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
=( (151.741 + 304.21) / 2 ) / 1189.975*365
=227.9755 / 1189.975*365
=69.93

Capitalonline Data Service 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
=( (304.21 + 281.723) / 2 ) / 291.14*365 / 4
=292.9665 / 291.14*365 / 4
=91.82

* 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.


Capitalonline Data Service Co Days Payable Related Terms

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Capitalonline Data Service Co (SZSE:300846) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Dongran North Street, Baolan Golden Park International Center, Room B3010, 3rd Floor, Section B, Haidian District, Beijing, CHN
Capitalonline Data Service Co Ltd is engaged in provision of internet data center service. It provides technology development, technology promotion, technical services, technical consulting; computer system services; data processing; basic software services; application software services; sales of computers, software and auxiliary equipment.
Executives
Yao Wei Executives
Zhao Yong Zhi Directors, executives
Guo Li Executives

Capitalonline Data Service Co (SZSE:300846) Headlines

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