Dasheng Times Cultural Investment Co (SHSE:600892) Days Payable : 1,464.91 (As of Mar. 2024)

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What is Dasheng Times Cultural Investment Co Days Payable?

Dasheng Times Cultural Investment Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥46.6 Mil. Dasheng Times Cultural Investment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2.9 Mil. Hence, Dasheng Times Cultural Investment Co's Days Payable for the three months ended in Mar. 2024 was 1,464.91.

The historical rank and industry rank for Dasheng Times Cultural Investment Co's Days Payable or its related term are showing as below:

SHSE:600892' s Days Payable Range Over the Past 10 Years
Min: 15.54 Med: 236.6 Max: 1537.71
Current: 585.31

During the past 13 years, Dasheng Times Cultural Investment Co's highest Days Payable was 1537.71. The lowest was 15.54. And the median was 236.60.

SHSE:600892's Days Payable is ranked better than
91.39% of 929 companies
in the Media - Diversified industry
Industry Median: 78.37 vs SHSE:600892: 585.31

Dasheng Times Cultural Investment Co's Days Payable increased from Mar. 2023 (789.49) to Mar. 2024 (1,464.91). It may suggest that Dasheng Times Cultural Investment Co delayed paying its suppliers.

Dasheng Times Cultural Investment Co Days Payable Historical Data

The historical data trend for Dasheng Times Cultural Investment 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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Dasheng Times Cultural Investment Co Days Payable Chart

Dasheng Times Cultural Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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198.84

117.50

1,537.71

943.69

537.92

Dasheng Times Cultural Investment 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															789.49	769.76	749.46	286.70	1,464.91

Competitive Comparison of Dasheng Times Cultural Investment Co's Days Payable

For the Entertainment subindustry, Dasheng Times Cultural Investment 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.

Dasheng Times Cultural Investment Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dasheng Times Cultural Investment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dasheng Times Cultural Investment Co's Days Payable falls into.

Dasheng Times Cultural Investment 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.

Dasheng Times Cultural Investment 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
=	( (48.054	+	46.57)	/	2 )	/	32.103	*	365
=	47.312					/	32.103	*	365
=	537.92

Dasheng Times Cultural Investment 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
=	( (46.57	+	46.606)	/	2 )	/	2.902	*	365 / 4
=	46.588					/	2.902	*	365 / 4
=	1,464.91

Dasheng Times Cultural Investment Co Days Payable Related Terms

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Dasheng Times Cultural Investment Co (SHSE:600892) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Dasheng Times Cultural Investment Co Ltd (SHSE:600892) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Liyuan Road, Sungang Street, Room 08, 21st Floor, Material Holdings Land, Luohu District, Guangdong, Shenzhen, CHN, 518023

Website

http://www.600892.com.cn

Dasheng Times Cultural Investment Co Ltd along with its subsidiaries is engaged in the business of investment, production development of pan-cultural projects such as video games. It is also engaged in production and distribution of television activities.

Dasheng Times Cultural Investment Co (SHSE:600892) Headlines

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