BEDU (Bright Scholar Education Holdings) Days Payable : 30.83 (As of Nov. 2024)

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What is Bright Scholar Education Holdings Days Payable?

Bright Scholar Education Holdings's average Accounts Payable for the three months ended in Nov. 2024 was $13.6 Mil. Bright Scholar Education Holdings's Cost of Goods Sold for the three months ended in Nov. 2024 was $40.4 Mil. Hence, Bright Scholar Education Holdings's Days Payable for the three months ended in Nov. 2024 was 30.83.

The historical rank and industry rank for Bright Scholar Education Holdings's Days Payable or its related term are showing as below:

BEDU' s Days Payable Range Over the Past 10 Years
Min: 19.6 Med: 27.99 Max: 61.36
Current: 34.42

During the past 11 years, Bright Scholar Education Holdings's highest Days Payable was 61.36. The lowest was 19.60. And the median was 27.99.

BEDU's Days Payable is ranked worse than
51.83% of 218 companies
in the Education industry
Industry Median: 36.785 vs BEDU: 34.42

Bright Scholar Education Holdings's Days Payable declined from Nov. 2023 (33.85) to Nov. 2024 (30.83). It may suggest that Bright Scholar Education Holdings accelerated paying its suppliers.

Bright Scholar Education Holdings Days Payable Historical Data

The historical data trend for Bright Scholar Education 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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Bright Scholar Education Holdings Days Payable Chart

Bright Scholar Education Holdings Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Days Payable

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27.59

21.12

30.19

28.38

26.98

Bright Scholar Education Holdings Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Days Payable	Get a 7-Day Free Trial															33.85	29.95	25.82	65.11	30.83

Competitive Comparison of Bright Scholar Education Holdings's Days Payable

For the Education & Training Services subindustry, Bright Scholar Education 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.

Bright Scholar Education Holdings's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Bright Scholar Education Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Bright Scholar Education Holdings's Days Payable falls into.

Bright Scholar Education 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.

Bright Scholar Education Holdings's Days Payable for the fiscal year that ended in Aug. 2024 is calculated as

	Days Payable (A: Aug. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2023 )	+	Accounts Payable (A: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2024 )	*	Days in Period
=	( (12.964	+	12.773)	/	2 )	/	174.072	*	365
=	12.8685					/	174.072	*	365
=	26.98

Bright Scholar Education Holdings's Days Payable for the quarter that ended in Nov. 2024 is calculated as:

	Days Payable (Q: Nov. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Aug. 2024 )	+	Accounts Payable (Q: Nov. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2024 )	*	Days in Period
=	( (12.773	+	14.502)	/	2 )	/	40.368	*	365 / 4
=	13.6375					/	40.368	*	365 / 4
=	30.83

Bright Scholar Education Holdings Days Payable Related Terms

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Bright Scholar Education Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Bright Scholar Education Holdings Ltd (NYSE:BEDU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BSK0:Germany

Address

149 Cherry Hinton Road Cambridge, Suites 6-7, The Turvill Building Old Swiss, England, GBR, CB1 7BX

Website

https://www.brightscholar.com

Bright Scholar Education Holdings Ltd operates as an education service provider. It is engaged in the provision of education services, including complementary education services, operation services for domestic schools, and education programs and services including independent schools and colleges in United Kingdom (the UK) and the United States (the U.S.) Kingdom. It nearly eight overseas school located in the United Kingdom and the United States. It has three reportable segments, including Overseas Schools, Complementary Education Services, and K-12 Operation Services. Key revenue is generated from Overseas Schools. From a geographical perspective: Key revenue is generated from China following UK, U.S., Canada and Singapore.