Shenzhen Suntang Digital Technology Co (BJSE:839680) Days Payable : 46.14 (As of Mar. 2024)

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What is Shenzhen Suntang Digital Technology Co Days Payable?

Shenzhen Suntang Digital Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥4.6 Mil. Shenzhen Suntang Digital Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥9.1 Mil. Hence, Shenzhen Suntang Digital Technology Co's Days Payable for the three months ended in Mar. 2024 was 46.14.

The historical rank and industry rank for Shenzhen Suntang Digital Technology Co's Days Payable or its related term are showing as below:

BJSE:839680' s Days Payable Range Over the Past 10 Years
Min: 0.19 Med: 6.31 Max: 9.5
Current: 4.94

During the past 10 years, Shenzhen Suntang Digital Technology Co's highest Days Payable was 9.50. The lowest was 0.19. And the median was 6.31.

BJSE:839680's Days Payable is ranked worse than
96.24% of 2526 companies
in the Software industry
Industry Median: 50.42 vs BJSE:839680: 4.94

Shenzhen Suntang Digital Technology Co's Days Payable increased from Mar. 2023 (11.82) to Mar. 2024 (46.14). It may suggest that Shenzhen Suntang Digital Technology Co delayed paying its suppliers.

Shenzhen Suntang Digital Technology Co Days Payable Historical Data

The historical data trend for Shenzhen Suntang Digital 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.

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Shenzhen Suntang Digital Technology Co Days Payable Chart

Shenzhen Suntang Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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0.35

0.19

8.64

9.50

5.74

Shenzhen Suntang Digital Technology Co Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															11.82	1.36	0.82	4.41	46.14

Competitive Comparison of Shenzhen Suntang Digital Technology Co's Days Payable

For the Software - Application subindustry, Shenzhen Suntang Digital 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.

Shenzhen Suntang Digital Technology Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Shenzhen Suntang Digital Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shenzhen Suntang Digital Technology Co's Days Payable falls into.

Shenzhen Suntang Digital 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.

Shenzhen Suntang Digital Technology Co'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
=	( (1	+	4.174)	/	2 )	/	164.637	*	365
=	2.587					/	164.637	*	365
=	5.74

Shenzhen Suntang Digital Technology Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (4.174	+	5.06)	/	2 )	/	9.13	*	365 / 4
=	4.617					/	9.13	*	365 / 4
=	46.14

Shenzhen Suntang Digital Technology Co Days Payable Related Terms

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Shenzhen Suntang Digital Technology Co (BJSE:839680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shenzhen Suntang Digital Technology Co Ltd (BJSE:839680) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, Songpingshan Road, 4th Floor, Main Building, Jiada R&D Building, Science and Technology Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.suntang.com

Shenzhen Suntang Digital Technology Co Ltd is involved in the research, development, and sales of data acquisition and analysis software products. The company focuses on the big data digital governance industry in the fields of public security, military industry, BIM+GIS, etc. It has developed a series of products covering data collection, data governance, data analysis, and data visualization such as Smart Security Community.

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