VisionChina Media (VisionChina Media) Days Payable : 99.59 (As of Sep. 2016)

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What is VisionChina Media Days Payable?

VisionChina Media's average Accounts Payable for the three months ended in Sep. 2016 was $12.64 Mil. VisionChina Media's Cost of Goods Sold for the three months ended in Sep. 2016 was $11.58 Mil. Hence, VisionChina Media's Days Payable for the three months ended in Sep. 2016 was 99.59.

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

VISN's Days Payable is not ranked ^*
in the Media - Diversified industry.
Industry Median: 79.7
* Ranked among companies with meaningful Days Payable only.

VisionChina Media's Days Payable increased from Mar. 2015 (43.97) to Sep. 2016 (99.59). It may suggest that VisionChina Media delayed paying its suppliers.

VisionChina Media Days Payable Historical Data

The historical data trend for VisionChina Media'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.

VisionChina Media Days Payable Chart

VisionChina Media Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Days Payable

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41.73

35.82

50.39

31.78

68.22

VisionChina Media Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Sep16
Days Payable	Get a 7-Day Free Trial															43.97	45.98	72.73	98.47	99.59

Competitive Comparison of VisionChina Media's Days Payable

For the Advertising Agencies subindustry, VisionChina Media'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.

VisionChina Media's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, VisionChina Media's Days Payable distribution charts can be found below:

* The bar in red indicates where VisionChina Media's Days Payable falls into.

VisionChina Media 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.

VisionChina Media's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

	Days Payable (A: Dec. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2014 )	+	Accounts Payable (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (4.461	+	12.776)	/	2 )	/	46.112	*	365
=	8.6185					/	46.112	*	365
=	68.22

VisionChina Media's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

	Days Payable (Q: Sep. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2015 )	+	Accounts Payable (Q: Sep. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2016 )	*	Days in Period
=	( (12.776	+	12.51)	/	2 )	/	11.584	*	365 / 4
=	12.643					/	11.584	*	365 / 4
=	99.59

VisionChina Media Days Payable Related Terms

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VisionChina Media (VisionChina Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VisionChina Media Inc (NAS:VISN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.visionchina.cn

VisionChina operates a real-time advertising network through mobile digital TV displays in mass transportation systems in affluent Chinese cities. The company partners with local mobile and subway TVs either through long-term exclusive agency agreements or joint ventures to offer nationwide advertising services for advertisers. Its advertising network currently covers bus systems in 16 Tier 1 and Tier 2 cities as well as subway systems in three Tier 1 cities.

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