Nanjing Liandi Information Systems Co (BJSE:839790) Days Payable : 26.98 (As of Mar. 2024)

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What is Nanjing Liandi Information Systems Co Days Payable?

Nanjing Liandi Information Systems Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥9.2 Mil. Nanjing Liandi Information Systems Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥31.2 Mil. Hence, Nanjing Liandi Information Systems Co's Days Payable for the three months ended in Mar. 2024 was 26.98.

The historical rank and industry rank for Nanjing Liandi Information Systems Co's Days Payable or its related term are showing as below:

BJSE:839790' s Days Payable Range Over the Past 10 Years
Min: 16.87 Med: 27.83 Max: 47.08
Current: 28.35

During the past 10 years, Nanjing Liandi Information Systems Co's highest Days Payable was 47.08. The lowest was 16.87. And the median was 27.83.

BJSE:839790's Days Payable is ranked worse than
68.96% of 2526 companies
in the Software industry
Industry Median: 49.695 vs BJSE:839790: 28.35

Nanjing Liandi Information Systems Co's Days Payable declined from Mar. 2023 (33.86) to Mar. 2024 (26.98). It may suggest that Nanjing Liandi Information Systems Co accelerated paying its suppliers.

Nanjing Liandi Information Systems Co Days Payable Historical Data

The historical data trend for Nanjing Liandi Information Systems 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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Nanjing Liandi Information Systems Co Days Payable Chart

Nanjing Liandi Information Systems Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16.87

25.42

36.04

28.73

21.25

Nanjing Liandi Information Systems 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															33.86	27.13	35.24	25.49	26.98

Competitive Comparison of Nanjing Liandi Information Systems Co's Days Payable

For the Software - Application subindustry, Nanjing Liandi Information Systems 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.

Nanjing Liandi Information Systems Co's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Nanjing Liandi Information Systems Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Nanjing Liandi Information Systems Co's Days Payable falls into.

Nanjing Liandi Information Systems 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.

Nanjing Liandi Information Systems 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
=	( (9.98	+	8.538)	/	2 )	/	159.065	*	365
=	9.259					/	159.065	*	365
=	21.25

Nanjing Liandi Information Systems 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
=	( (8.538	+	9.909)	/	2 )	/	31.2	*	365 / 4
=	9.2235					/	31.2	*	365 / 4
=	26.98

Nanjing Liandi Information Systems Co Days Payable Related Terms

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Nanjing Liandi Information Systems Co (BJSE:839790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nanjing Liandi Information Systems Co Ltd (BJSE:839790) » Definitions » Days Payable

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Traded in Other Exchanges

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Address

No.32 Fengzhan Road, Room 503-504, Building A1 North, Yuhuatai District, Nanjing, CHN, 210012

Website

https://www.liandisys.com.cn

Nanjing Liandi Information Systems Co Ltd is engaged in designing, developing, and producing computer application software and related hardware supporting products, system integration, and after-sales technical services; sales of self-produced products; information system integration, and Internet of Things. Its products include PMIS Tool for project management, My Menu software SaaS style store ERP software for the networked food service; Smart Hospital,etc.

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