Beijing Haitian Ruisheng Science Technology (SHSE:688787) Days Payable : 63.74 (As of Mar. 2025)

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What is Beijing Haitian Ruisheng Science Technology Days Payable?

Beijing Haitian Ruisheng Science Technology's average Accounts Payable for the three months ended in Mar. 2025 was ¥25.6 Mil. Beijing Haitian Ruisheng Science Technology's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥36.7 Mil. Hence, Beijing Haitian Ruisheng Science Technology's Days Payable for the three months ended in Mar. 2025 was 63.74.

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

SHSE:688787' s Days Payable Range Over the Past 10 Years
Min: 4.65 Med: 34.59 Max: 84.49
Current: 60.42

During the past 9 years, Beijing Haitian Ruisheng Science Technology's highest Days Payable was 84.49. The lowest was 4.65. And the median was 34.59.

SHSE:688787's Days Payable is ranked better than
53.73% of 2557 companies
in the Software industry
Industry Median: 54.43 vs SHSE:688787: 60.42

Beijing Haitian Ruisheng Science Technology's Days Payable declined from Mar. 2024 (99.15) to Mar. 2025 (63.74). It may suggest that Beijing Haitian Ruisheng Science Technology accelerated paying its suppliers.

Beijing Haitian Ruisheng Science Technology Days Payable Historical Data

The historical data trend for Beijing Haitian Ruisheng Science Technology'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 Haitian Ruisheng Science Technology Days Payable Chart

Beijing Haitian Ruisheng Science Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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34.59

45.51

58.37

78.27

84.49

Beijing Haitian Ruisheng Science Technology 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															99.15	60.54	50.30	56.79	63.74

Competitive Comparison of Beijing Haitian Ruisheng Science Technology's Days Payable

For the Software - Application subindustry, Beijing Haitian Ruisheng Science Technology'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 Haitian Ruisheng Science Technology's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Beijing Haitian Ruisheng Science Technology's Days Payable falls into.

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Beijing Haitian Ruisheng Science Technology 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 Haitian Ruisheng Science Technology'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
=	( (13.813	+	23)	/	2 )	/	79.517	*	365
=	18.4065					/	79.517	*	365
=	84.49

Beijing Haitian Ruisheng Science Technology'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
=	( (23	+	28.291)	/	2 )	/	36.715	*	365 / 4
=	25.6455					/	36.715	*	365 / 4
=	63.74

Beijing Haitian Ruisheng Science Technology Days Payable Related Terms

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Beijing Haitian Ruisheng Science Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Haitian Ruisheng Science Technology Ltd (SHSE:688787) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-801, No.28 Chengfu Road, Haidian District, Beijing, CHN, 100083

Website

http://www.speechocean.com

Beijing Haitian Ruisheng Science Technology Ltd is a service provider focusing on providing data products and solutions for AI algorithm training. The types of products and services include speech recognition data, speech synthesis data, text data, image data and others.

Executives

Cao Qiong	Core technical personnel
Hao Yu Feng	senior management
Shao Zhi Ming	Core technical personnel
Li Ke	Director
Huang Yu Kai	Director
Lv Si Yao	Director

Beijing Haitian Ruisheng Science Technology Headlines

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