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Beijing Teamsun Technology Co (SHSE:600410) Days Payable : 96.90 (As of Jun. 2024)


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What is Beijing Teamsun Technology Co Days Payable?

Beijing Teamsun Technology Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥1,190 Mil. Beijing Teamsun Technology Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥1,121 Mil. Hence, Beijing Teamsun Technology Co's Days Payable for the three months ended in Jun. 2024 was 96.90.

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

SHSE:600410' s Days Payable Range Over the Past 10 Years
Min: 100.08   Med: 132.17   Max: 174.83
Current: 111.3

During the past 13 years, Beijing Teamsun Technology Co's highest Days Payable was 174.83. The lowest was 100.08. And the median was 132.17.

SHSE:600410's Days Payable is ranked better than
72.87% of 2554 companies
in the Software industry
Industry Median: 49.265 vs SHSE:600410: 111.30

Beijing Teamsun Technology Co's Days Payable declined from Jun. 2023 (143.80) to Jun. 2024 (96.90). It may suggest that Beijing Teamsun Technology Co accelerated paying its suppliers.


Beijing Teamsun Technology Co Days Payable Historical Data

The historical data trend for Beijing Teamsun 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.

Beijing Teamsun Technology Co Days Payable Chart

Beijing Teamsun Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.76 142.40 126.63 131.63 131.34

Beijing Teamsun Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 143.80 121.85 95.23 138.95 96.90

Competitive Comparison of Beijing Teamsun Technology Co's Days Payable

For the Software - Application subindustry, Beijing Teamsun 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.


Beijing Teamsun Technology Co's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Beijing Teamsun Technology Co's Days Payable falls into.



Beijing Teamsun 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.

Beijing Teamsun 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
=( (1397.252 + 1207.167) / 2 ) / 3618.853*365
=1302.2095 / 3618.853*365
=131.34

Beijing Teamsun Technology Co's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2024 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (1156.125 + 1224.01) / 2 ) / 1120.653*365 / 4
=1190.0675 / 1120.653*365 / 4
=96.90

* 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.


Beijing Teamsun Technology Co Days Payable Related Terms

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Beijing Teamsun Technology Co Business Description

Traded in Other Exchanges
N/A
Address
8 Xueqing Road, 10-11th Floor, Tower A, Technology Fortune Center, Haidian District, Beijing, CHN, 100192
Beijing Teamsun Technology Co Ltd is an integrated IT service provider in China. Teamsun's business direction covers the areas of cloud computing, big data, mobile internet, internet of things, and information security. Its business areas include IT product services, application software development, system integration, value-added distribution and other IT service businesses.
Executives
Wang Wei Hang Director
Shen Long Zhe Director
Cui Yong Director
Zhang Bing Xia senior management
Dai Shuang Zhu senior management
Zhang Yue Ying senior management
Li Wei Director
Liu Qing Tao Director
Yang Qiao Cong senior management
Du Xin senior management
Zhu Hong Xian Director
Chen Chao Hui Director
Ren Xue Ying senior management
Yang Huai senior management
Liu Ya Ling Supervisors

Beijing Teamsun Technology Co Headlines

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