Insigma Technology Co (SHSE:600797) Days Payable : 132.15 (As of Jun. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Insigma Technology Co Days Payable?

Insigma Technology Co's average Accounts Payable for the three months ended in Jun. 2024 was ¥889 Mil. Insigma Technology Co's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥614 Mil. Hence, Insigma Technology Co's Days Payable for the three months ended in Jun. 2024 was 132.15.

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

SHSE:600797' s Days Payable Range Over the Past 10 Years
Min: 85.14 Med: 122.28 Max: 132.99
Current: 118.41

During the past 13 years, Insigma Technology Co's highest Days Payable was 132.99. The lowest was 85.14. And the median was 122.28.

SHSE:600797's Days Payable is ranked better than
74.28% of 2554 companies
in the Software industry
Industry Median: 49.15 vs SHSE:600797: 118.41

Insigma Technology Co's Days Payable declined from Jun. 2023 (146.52) to Jun. 2024 (132.15). It may suggest that Insigma Technology Co accelerated paying its suppliers.

Insigma Technology Co Days Payable Historical Data

The historical data trend for Insigma 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.

Insigma Technology Co Days Payable Chart

Insigma Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

125.81

126.64

115.63

120.39

132.99

Insigma 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															146.52	119.44	85.85	159.23	132.15

Competitive Comparison of Insigma Technology Co's Days Payable

For the Information Technology Services subindustry, Insigma 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.

Insigma Technology Co's Days Payable Distribution in the Software Industry

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

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

Insigma 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.

Insigma 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
=	( (1032.068	+	989.249)	/	2 )	/	2773.913	*	365
=	1010.6585					/	2773.913	*	365
=	132.99

Insigma 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
=	( (890.275	+	886.842)	/	2 )	/	613.531	*	365 / 4
=	888.5585					/	613.531	*	365 / 4
=	132.15

Insigma Technology Co Days Payable Related Terms

Thank you for viewing the detailed overview of Insigma Technology Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Insigma Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Insigma Technology Co Ltd (SHSE:600797) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 226 Tianmushan Road, 12F, Hangzhou, Zhejiang, CHN, 310007

Website

http://www.insigma.com.cn

Insigma Technology Co Ltd provides outsourcing, IT, consulting and training services. Its outsourcing services include Application Software Development and Maintenance, Legacy system reengineering, Cloud development and cloud testing. Its consulting services include Government-Enterprise Transformation Advisory Service, Smart City Top Design and Consulting Services and Business Process Reengineering.

Executives

Zhou Bo	senior management
Pan Li Chun	Director
Shen Yue	Director
Shi Lie	Director
Chen Jian	Director
Chen Rui	Director
Jiang Yi	senior management
Dong Dan Qing	senior management
Xie Wei	senior management
Xu Ke Fei	senior management
Wu Ying Yan	senior management
Zhao Jian	Director
Zhong Ming Bo	Director
Yang Xiao Hu	senior management
Chen Chun	Director

Insigma Technology Co Headlines

No Headlines