Fengzhushou Co (SZSE:301382) Days Payable : 28.19 (As of Mar. 2024)

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What is Fengzhushou Co Days Payable?

Fengzhushou Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥84 Mil. Fengzhushou Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥273 Mil. Hence, Fengzhushou Co's Days Payable for the three months ended in Mar. 2024 was 28.19.

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

SZSE:301382' s Days Payable Range Over the Past 10 Years
Min: 37.77 Med: 70.76 Max: 79.95
Current: 37.77

During the past 7 years, Fengzhushou Co's highest Days Payable was 79.95. The lowest was 37.77. And the median was 70.76.

SZSE:301382's Days Payable is ranked worse than
58.91% of 2531 companies
in the Software industry
Industry Median: 50.16 vs SZSE:301382: 37.77

Fengzhushou Co's Days Payable declined from Mar. 2023 (89.63) to Mar. 2024 (28.19). It may suggest that Fengzhushou Co accelerated paying its suppliers.

Fengzhushou Co Days Payable Historical Data

The historical data trend for Fengzhushou 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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Fengzhushou Co Days Payable Chart

Fengzhushou Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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79.95

70.00

79.20

45.25

Fengzhushou Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														89.63	56.93	37.15	29.64	28.19

Competitive Comparison of Fengzhushou Co's Days Payable

For the Software - Application subindustry, Fengzhushou 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.

Fengzhushou Co's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Fengzhushou Co's Days Payable falls into.

Fengzhushou 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.

Fengzhushou 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
=	( (136.8	+	85.261)	/	2 )	/	895.527	*	365
=	111.0305					/	895.527	*	365
=	45.25

Fengzhushou 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
=	( (85.261	+	83.655)	/	2 )	/	273.368	*	365 / 4
=	84.458					/	273.368	*	365 / 4
=	28.19

Fengzhushou Co Days Payable Related Terms

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Fengzhushou Co (SZSE:301382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fengzhushou Co Ltd (SZSE:301382) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 660, Huangpu Avenue Middle, Room 901-909, Tianhe District, Guangdong Province, Guangzhou, CHN, 510655

Website

http://www.phone580.com

Fengzhushou Co Ltd is an Internet digital virtual commodity comprehensive service provider, mainly providing mobile Internet digital virtual commodity aggregate operation, fusion operation, distribution operation and other comprehensive operation services for customers in mobile Internet-related scenarios, and providing Internet of Things traffic access, Comprehensive solutions such as hardware solutions, scene applications, and cloud terminal solutions, and provide customized operational support services and technical services according to customer needs. It is an innovative software technology enterprise that has grown up with the development of the mobile Internet.

Executives

Luo Hong Peng	Directors, executives
Ma Da Liang	Supervisors
Ding Jing Lei	Directors, executives

Fengzhushou Co (SZSE:301382) Headlines

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