Time Publishing & Media Co (SHSE:600551) Days Payable : 102.98 (As of Mar. 2024)

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What is Time Publishing & Media Co Days Payable?

Time Publishing & Media Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,670 Mil. Time Publishing & Media Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,480 Mil. Hence, Time Publishing & Media Co's Days Payable for the three months ended in Mar. 2024 was 102.98.

The historical rank and industry rank for Time Publishing & Media Co's Days Payable or its related term are showing as below:

SHSE:600551' s Days Payable Range Over the Past 10 Years
Min: 71.48 Med: 81.31 Max: 115.01
Current: 73.63

During the past 13 years, Time Publishing & Media Co's highest Days Payable was 115.01. The lowest was 71.48. And the median was 81.31.

SHSE:600551's Days Payable is ranked worse than
52.64% of 929 companies
in the Media - Diversified industry
Industry Median: 78.37 vs SHSE:600551: 73.63

Time Publishing & Media Co's Days Payable increased from Mar. 2023 (79.62) to Mar. 2024 (102.98). It may suggest that Time Publishing & Media Co delayed paying its suppliers.

Time Publishing & Media Co Days Payable Historical Data

The historical data trend for Time Publishing & Media 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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Time Publishing & Media Co Days Payable Chart

Time Publishing & Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

76.06

85.56

71.48

77.21

78.47

Time Publishing & Media Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															79.62	55.21	80.07	76.27	102.98

Competitive Comparison of Time Publishing & Media Co's Days Payable

For the Publishing subindustry, Time Publishing & Media 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.

Time Publishing & Media Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Time Publishing & Media Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Time Publishing & Media Co's Days Payable falls into.

Time Publishing & Media 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.

Time Publishing & Media 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
=	( (1450.542	+	1881.373)	/	2 )	/	7749.205	*	365
=	1665.9575					/	7749.205	*	365
=	78.47

Time Publishing & Media 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
=	( (1881.373	+	1458.72)	/	2 )	/	1479.833	*	365 / 4
=	1670.0465					/	1479.833	*	365 / 4
=	102.98

Time Publishing & Media Co Days Payable Related Terms

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Time Publishing & Media Co (SHSE:600551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Time Publishing & Media Co Ltd (SHSE:600551) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 20 Tianzhi Road, New and High-tech Development Zone, Hefei, Anhui, CHN, 230088

Website

http://www.press-mart.com

Time Publishing & Media Co Ltd is a cultural media listed company. It is mainly engaged in books, periodicals, print reproduction, new media, media technology research and development, equity investment and other services.

Time Publishing & Media Co (SHSE:600551) Headlines

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