Poly Culture Group (FRA:0P4) Days Payable : 37.06 (As of Jun. 2023)

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What is Poly Culture Group Days Payable?

Poly Culture Group's average Accounts Payable for the six months ended in Jun. 2023 was €30.1 Mil. Poly Culture Group's Cost of Goods Sold for the six months ended in Jun. 2023 was €148.4 Mil. Hence, Poly Culture Group's Days Payable for the six months ended in Jun. 2023 was 37.06.

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

FRA:0P4' s Days Payable Range Over the Past 10 Years
Min: 26.97 Med: 45.42 Max: 59.7
Current: 33.52

During the past 11 years, Poly Culture Group's highest Days Payable was 59.70. The lowest was 26.97. And the median was 45.42.

FRA:0P4's Days Payable is not ranked
in the Media - Diversified industry.
Industry Median: 79.27 vs FRA:0P4: 33.52

Poly Culture Group's Days Payable declined from Jun. 2022 (45.78) to Jun. 2023 (37.06). It may suggest that Poly Culture Group accelerated paying its suppliers.

Poly Culture Group Days Payable Historical Data

The historical data trend for Poly Culture Group'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.

Poly Culture Group Days Payable Chart

Poly Culture Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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46.67

35.15

39.19

26.97

38.19

Poly Culture Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															30.44	26.67	45.78	29.08	37.06

Competitive Comparison of Poly Culture Group's Days Payable

For the Entertainment subindustry, Poly Culture Group'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.

Poly Culture Group's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Poly Culture Group's Days Payable falls into.

Poly Culture Group 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.

Poly Culture Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (23.257	+	25.811)	/	2 )	/	234.48	*	365
=	24.534					/	234.48	*	365
=	38.19

Poly Culture Group's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (25.811	+	34.435)	/	2 )	/	148.35	*	365 / 2
=	30.123					/	148.35	*	365 / 2
=	37.06

Poly Culture Group Days Payable Related Terms

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Poly Culture Group (FRA:0P4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Poly Culture Group Corporation Ltd (FRA:0P4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Street of Chaoyangmen, District A, B and C, 11th Floor, Dongcheng District, Beijing, CHN, 100010

Website

http://www.polyculture.com.cn

Poly Culture Group Corporation Ltd is engaged in art business and auction, performance and theater management, and cinema investment and management. Its Art business and the auction include buy and sell antiques, modern and contemporary calligraphy and painting, ancient calligraphy and painting, oil painting and sculpture, and other cultural relics and artwork. It also provides artwork investment consultation and other services. Performance and theatre management, which is the key revenue driver, includes daily management of the theatre, the arrangement of performances, leases of theatres and theatre design consultation services. Cinema Investment and management includes cinema construction and cinema operation. It earns the majority of its revenue in Mainland China.

Poly Culture Group (FRA:0P4) Headlines

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