Beijing Longruan Technologies (SHSE:688078) Days Payable : 574.16 (As of Mar. 2025)

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What is Beijing Longruan Technologies Days Payable?

Beijing Longruan Technologies's average Accounts Payable for the three months ended in Mar. 2025 was ¥106.6 Mil. Beijing Longruan Technologies's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥16.9 Mil. Hence, Beijing Longruan Technologies's Days Payable for the three months ended in Mar. 2025 was 574.16.

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

SHSE:688078' s Days Payable Range Over the Past 10 Years
Min: 53.04 Med: 164.43 Max: 304.41
Current: 200.92

During the past 13 years, Beijing Longruan Technologies's highest Days Payable was 304.41. The lowest was 53.04. And the median was 164.43.

SHSE:688078's Days Payable is ranked better than
83.01% of 2542 companies
in the Software industry
Industry Median: 53.835 vs SHSE:688078: 200.92

Beijing Longruan Technologies's Days Payable increased from Mar. 2024 (393.17) to Mar. 2025 (574.16). It may suggest that Beijing Longruan Technologies delayed paying its suppliers.

Beijing Longruan Technologies Days Payable Historical Data

The historical data trend for Beijing Longruan Technologies'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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Beijing Longruan Technologies Days Payable Chart

Beijing Longruan Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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53.04

88.81

144.11

183.66

251.97

Beijing Longruan Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															393.17	172.21	221.39	122.70	574.16

Competitive Comparison of Beijing Longruan Technologies's Days Payable

For the Software - Application subindustry, Beijing Longruan Technologies'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 Longruan Technologies's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Beijing Longruan Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Longruan Technologies's Days Payable falls into.

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Beijing Longruan Technologies 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 Longruan Technologies's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (103.879	+	118.31)	/	2 )	/	160.928	*	365
=	111.0945					/	160.928	*	365
=	251.97

Beijing Longruan Technologies's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (118.31	+	94.869)	/	2 )	/	16.94	*	365 / 4
=	106.5895					/	16.94	*	365 / 4
=	574.16

Beijing Longruan Technologies Days Payable Related Terms

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Beijing Longruan Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Longruan Technologies Inc (SHSE:688078) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Zhongguancun East Road, Room 2106, Building C, Century Science and Trade Building, Haidian District, Beijing, CHN, 100190

Website

http://www.longruan.com

Beijing Longruan Technologies Inc is engaged in development and sale of software products, custom software, and provide technical services. The company provides technology development; basic software services; application software services; computer system services; data processing; sales of computers, software and auxiliary equipment, and communication equipment.

Executives

Zou Hong	Core technical personnel
Ji Yang Rui	Directors, senior managers
Li Li	Supervisors
Li Zhen	Core technical personnel
Wu Dao Zheng	Core technical personnel
Guo Jun Ying	senior management
Chen Hua Zhou	Core technical personnel
Zhang Peng Peng	Senior management, core technical personnel
Yin Hua You	Directors, senior managers
Lei Xiao Ping	Senior management, core technical personnel
Ren Yong Zhi	Directors, senior managers, core technical personn
Hou Li	Senior management, core technical personnel
Guo Bing	Directors, senior managers, core technical personn
Wei Xiao Ping	Supervisors, core technical personnel

Beijing Longruan Technologies Headlines

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