China TransInfo Technology Co (SZSE:002373) Days Payable : 254.38 (As of Mar. 2024)

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What is China TransInfo Technology Co Days Payable?

China TransInfo Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥3,122 Mil. China TransInfo Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,120 Mil. Hence, China TransInfo Technology Co's Days Payable for the three months ended in Mar. 2024 was 254.38.

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

SZSE:002373' s Days Payable Range Over the Past 10 Years
Min: 120.61 Med: 180.61 Max: 258.76
Current: 208.33

During the past 13 years, China TransInfo Technology Co's highest Days Payable was 258.76. The lowest was 120.61. And the median was 180.61.

SZSE:002373's Days Payable is ranked better than
84.16% of 2526 companies
in the Software industry
Industry Median: 50.42 vs SZSE:002373: 208.33

China TransInfo Technology Co's Days Payable increased from Mar. 2023 (251.10) to Mar. 2024 (254.38). It may suggest that China TransInfo Technology Co delayed paying its suppliers.

China TransInfo Technology Co Days Payable Historical Data

The historical data trend for China TransInfo 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.

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China TransInfo Technology Co Days Payable Chart

China TransInfo Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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173.43

189.83

176.01

258.76

242.10

China TransInfo Technology 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															251.10	216.02	208.73	180.54	254.38

Competitive Comparison of China TransInfo Technology Co's Days Payable

For the Software - Application subindustry, China TransInfo 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.

China TransInfo Technology Co's Days Payable Distribution in the Software Industry

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

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

China TransInfo 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.

China TransInfo 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
=	( (3358.253	+	3416.859)	/	2 )	/	5107.226	*	365
=	3387.556					/	5107.226	*	365
=	242.10

China TransInfo 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
=	( (3416.859	+	2826.803)	/	2 )	/	1119.85	*	365 / 4
=	3121.831					/	1119.85	*	365 / 4
=	254.38

China TransInfo Technology Co Days Payable Related Terms

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China TransInfo Technology Co (SZSE:002373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » China TransInfo Technology Co Ltd (SZSE:002373) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8F, Baiyan Building, No. 238 Beisihuan Zhong Road, Haidian District, Beijing, CHN, 100083

Website

http://www.ctfo.com

China TransInfo Technology Co Ltd operates as an intelligent transportation operator and traffic data service provider. The company offers its solutions for the urban transportation, highway transportation, rail transportation, civil aviation, water transportation, and other fields.

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