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Beijing Liven Technology Co (SZSE:001259) Days Payable : 64.70 (As of Mar. 2024)


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What is Beijing Liven Technology Co Days Payable?

Beijing Liven Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥60.6 Mil. Beijing Liven Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥85.4 Mil. Hence, Beijing Liven Technology Co's Days Payable for the three months ended in Mar. 2024 was 64.70.

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

SZSE:001259' s Days Payable Range Over the Past 10 Years
Min: 74.39   Med: 109.98   Max: 131.41
Current: 74.39

During the past 6 years, Beijing Liven Technology Co's highest Days Payable was 131.41. The lowest was 74.39. And the median was 109.98.

SZSE:001259's Days Payable is ranked better than
54.79% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 67.15 vs SZSE:001259: 74.39

Beijing Liven Technology Co's Days Payable declined from Mar. 2023 (70.84) to Mar. 2024 (64.70). It may suggest that Beijing Liven Technology Co accelerated paying its suppliers.


Beijing Liven Technology Co Days Payable Historical Data

The historical data trend for Beijing Liven Technology 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.

* Premium members only.

Beijing Liven Technology Co Days Payable Chart

Beijing Liven Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 131.41 106.96 122.27 107.52 98.71

Beijing Liven Technology Co Quarterly Data
Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 70.84 87.85 89.79 62.18 64.70

Competitive Comparison of Beijing Liven Technology Co's Days Payable

For the Furnishings, Fixtures & Appliances subindustry, Beijing Liven Technology 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.


Beijing Liven Technology Co's Days Payable Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Beijing Liven Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Liven Technology Co's Days Payable falls into.



Beijing Liven Technology 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.

Beijing Liven Technology 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
=( (106.876 + 65.193) / 2 ) / 318.117*365
=86.0345 / 318.117*365
=98.71

Beijing Liven Technology 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
=( (65.193 + 55.957) / 2 ) / 85.437*365 / 4
=60.575 / 85.437*365 / 4
=64.70

* 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.


Beijing Liven Technology Co Days Payable Related Terms

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Beijing Liven Technology Co (SZSE:001259) Business Description

Traded in Other Exchanges
N/A
Address
No. 28, Fuwai Street, 4th Floor, Jingrun Building, Xicheng District, Beijing, CHN, 100037
Beijing Liven Technology Co Ltd is engaged in the research and development, design, production and sales of small kitchen appliances and small household appliances.

Beijing Liven Technology Co (SZSE:001259) Headlines

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