Baosheng Media Group Holdings (Baosheng Media Group Holdings) Days Payable : 65,440.29 (As of Dec. 2023)

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What is Baosheng Media Group Holdings Days Payable?

Baosheng Media Group Holdings's average Accounts Payable for the six months ended in Dec. 2023 was $4.66 Mil. Baosheng Media Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.01 Mil. Hence, Baosheng Media Group Holdings's Days Payable for the six months ended in Dec. 2023 was 65,440.29.

The historical rank and industry rank for Baosheng Media Group Holdings's Days Payable or its related term are showing as below:

BAOS' s Days Payable Range Over the Past 10 Years
Min: 1567.4 Med: 6588.16 Max: 10346.99
Current: 7203.7

During the past 6 years, Baosheng Media Group Holdings's highest Days Payable was 10346.99. The lowest was 1567.40. And the median was 6588.16.

BAOS's Days Payable is ranked better than
98.05% of 922 companies
in the Media - Diversified industry
Industry Median: 80.61 vs BAOS: 7203.70

Baosheng Media Group Holdings's Days Payable increased from Dec. 2022 (1,839.13) to Dec. 2023 (65,440.29). It may suggest that Baosheng Media Group Holdings delayed paying its suppliers.

Baosheng Media Group Holdings Days Payable Historical Data

The historical data trend for Baosheng Media Group Holdings'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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Baosheng Media Group Holdings Days Payable Chart

Baosheng Media Group Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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6,592.73

10,346.99

4,175.10

1,567.40

6,583.58

Baosheng Media Group Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial						2,248.41	1,381.66	1,839.13	4,929.98	65,440.29

Competitive Comparison of Baosheng Media Group Holdings's Days Payable

For the Advertising Agencies subindustry, Baosheng Media Group Holdings'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.

Baosheng Media Group Holdings's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Baosheng Media Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Baosheng Media Group Holdings's Days Payable falls into.

Baosheng Media Group Holdings 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.

Baosheng Media Group Holdings'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
=	( (8.854	+	2.293)	/	2 )	/	0.309	*	365
=	5.5735					/	0.309	*	365
=	6,583.58

Baosheng Media Group Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (7.03	+	2.293)	/	2 )	/	0.013	*	365 / 2
=	4.6615					/	0.013	*	365 / 2
=	65,440.29

Baosheng Media Group Holdings Days Payable Related Terms

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Baosheng Media Group Holdings (Baosheng Media Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Baosheng Media Group Holdings Ltd (NAS:BAOS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 8, Xishanhui, East Floor 5, Shijingshan District, Beijing, CHN, 100041

Website

http://www.bsacme.com

Baosheng Media Group Holdings Ltd operates as a V-log streaming marketing service provider. The firm offers comprehensive marketing solutions. Its services are Internet effect marketing, V-log or short video streaming marketing including content production and operation, e-commerce marketing, original big data platform system service, and AI technology. It provides one-stop and full-link deep customized marketing solutions for partners. Baosheng Group is also a core agency of domestic Internet companies such as Tencent, Alibaba, Bytedance, and Kuaishou, with performing channel marketing services, technologies, and applications.