Focus Media Information Technology Co (SZSE:002027) Days Payable : 15.33 (As of Sep. 2023)

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What is Focus Media Information Technology Co Days Payable?

Focus Media Information Technology Co's average Accounts Payable for the three months ended in Sep. 2023 was ¥169 Mil. Focus Media Information Technology Co's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥1,003 Mil. Hence, Focus Media Information Technology Co's Days Payable for the three months ended in Sep. 2023 was 15.33.

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

SZSE:002027' s Days Payable Range Over the Past 10 Years
Min: 12.69 Med: 24.35 Max: 31.2
Current: 15.03

During the past 13 years, Focus Media Information Technology Co's highest Days Payable was 31.20. The lowest was 12.69. And the median was 24.35.

SZSE:002027's Days Payable is ranked worse than
92.45% of 927 companies
in the Media - Diversified industry
Industry Median: 82.44 vs SZSE:002027: 15.03

Focus Media Information Technology Co's Days Payable declined from Sep. 2022 (21.88) to Sep. 2023 (15.33). It may suggest that Focus Media Information Technology Co accelerated paying its suppliers.

Focus Media Information Technology Co Days Payable Historical Data

The historical data trend for Focus Media Information 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.

Focus Media Information Technology Co Days Payable Chart

Focus Media Information Technology Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

Get a 7-Day Free Trial

24.28

27.18

28.73

12.69

16.55

Focus Media Information Technology Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															21.88	16.09	13.12	14.62	15.33

Competitive Comparison of Focus Media Information Technology Co's Days Payable

For the Advertising Agencies subindustry, Focus Media Information 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.

Focus Media Information Technology Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Focus Media Information Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Focus Media Information Technology Co's Days Payable falls into.

Focus Media Information 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.

Focus Media Information Technology Co'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
=	( (205.943	+	138.329)	/	2 )	/	3797.382	*	365
=	172.136					/	3797.382	*	365
=	16.55

Focus Media Information Technology Co's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (178.211	+	158.883)	/	2 )	/	1002.983	*	365 / 4
=	168.547					/	1002.983	*	365 / 4
=	15.33

Focus Media Information Technology Co Days Payable Related Terms

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Focus Media Information Technology Co (SZSE:002027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Focus Media Information Technology Co Ltd (SZSE:002027) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 369 Jiangsu Road, 28-30, Zhaofeng Shimao Building, Shanghai, CHN, 200050

Website

http://www.focusmedia.cn

Focus Media Information Technology Co Ltd is an advertising company. The company advertises with WeChat shake that focuses on sharing the service number to get a cash red envelope.

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