Shanghai Xinhua Media Co (SHSE:600825) Days Payable : 513.71 (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Shanghai Xinhua Media Co Days Payable?

Shanghai Xinhua Media Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥616 Mil. Shanghai Xinhua Media Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥109 Mil. Hence, Shanghai Xinhua Media Co's Days Payable for the three months ended in Mar. 2024 was 513.71.

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

SHSE:600825' s Days Payable Range Over the Past 10 Years
Min: 174.54 Med: 228.33 Max: 279.6
Current: 241.8

During the past 13 years, Shanghai Xinhua Media Co's highest Days Payable was 279.60. The lowest was 174.54. And the median was 228.33.

SHSE:600825's Days Payable is ranked better than
81.06% of 924 companies
in the Media - Diversified industry
Industry Median: 81.095 vs SHSE:600825: 241.80

Shanghai Xinhua Media Co's Days Payable increased from Mar. 2023 (378.11) to Mar. 2024 (513.71). It may suggest that Shanghai Xinhua Media Co delayed paying its suppliers.

Shanghai Xinhua Media Co Days Payable Historical Data

The historical data trend for Shanghai Xinhua 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.

* Premium members only.

Shanghai Xinhua Media Co Days Payable Chart

Shanghai Xinhua Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

274.86

251.96

220.11

198.30

208.67

Shanghai Xinhua 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															378.11	147.84	551.54	161.04	513.71

Competitive Comparison of Shanghai Xinhua Media Co's Days Payable

For the Publishing subindustry, Shanghai Xinhua 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.

Shanghai Xinhua Media Co's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Shanghai Xinhua Media Co's Days Payable falls into.

Shanghai Xinhua 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.

Shanghai Xinhua 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
=	( (458.368	+	571.567)	/	2 )	/	900.764	*	365
=	514.9675					/	900.764	*	365
=	208.67

Shanghai Xinhua 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
=	( (571.567	+	659.897)	/	2 )	/	109.373	*	365 / 4
=	615.732					/	109.373	*	365 / 4
=	513.71

Shanghai Xinhua Media Co Days Payable Related Terms

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

Shanghai Xinhua Media Co (SHSE:600825) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Shanghai Xinhua Media Co Ltd (SHSE:600825) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 60 Jiujiang Road, 5F, Huangpu District, Shanghai, Shanghai, CHN, 200002

Website

http://www.xhmedia.com

Shanghai Xinhua Media Co Ltd operates as a media company in China. The company is principally engaged in culture and media business. It operates its businesses through retailing of books, magazines, and electronic publics, wholesaling, retailing and online publication of books, magazines and electric publics, regular chain video and audio products retailing and leasing services, wholesaling of audio and video products.

Shanghai Xinhua Media Co (SHSE:600825) Headlines

No Headlines