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Beijing Vastdata Technology Co (SHSE:603138) Days Payable : 91.84 (As of Sep. 2024)


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What is Beijing Vastdata Technology Co Days Payable?

Beijing Vastdata Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥27.3 Mil. Beijing Vastdata Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥27.1 Mil. Hence, Beijing Vastdata Technology Co's Days Payable for the three months ended in Sep. 2024 was 91.84.

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

SHSE:603138' s Days Payable Range Over the Past 10 Years
Min: 45.51   Med: 64.59   Max: 85.51
Current: 54.16

During the past 12 years, Beijing Vastdata Technology Co's highest Days Payable was 85.51. The lowest was 45.51. And the median was 64.59.

SHSE:603138's Days Payable is ranked better than
53.03% of 2523 companies
in the Software industry
Industry Median: 48.75 vs SHSE:603138: 54.16

Beijing Vastdata Technology Co's Days Payable increased from Sep. 2023 (42.29) to Sep. 2024 (91.84). It may suggest that Beijing Vastdata Technology Co delayed paying its suppliers.


Beijing Vastdata Technology Co Days Payable Historical Data

The historical data trend for Beijing Vastdata 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 Vastdata Technology Co Days Payable Chart

Beijing Vastdata 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 66.31 85.51 63.12 66.05 60.44

Beijing Vastdata Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 42.29 20.31 143.92 49.41 91.84

Competitive Comparison of Beijing Vastdata Technology Co's Days Payable

For the Information Technology Services subindustry, Beijing Vastdata 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 Vastdata Technology Co's Days Payable Distribution in the Software Industry

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

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



Beijing Vastdata 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 Vastdata 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
=( (35.933 + 16.667) / 2 ) / 158.822*365
=26.3 / 158.822*365
=60.44

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

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (24.501 + 30.018) / 2 ) / 27.085*365 / 4
=27.2595 / 27.085*365 / 4
=91.84

* 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 Vastdata Technology Co Days Payable Related Terms

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Beijing Vastdata Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 30 Xueyuan Road, 6th Floor, Block B, Room 01, Keda Tiangong Building, Haidian District, Beijing, CHN, 100083
Beijing Vastdata Technology Co Ltd is a data technology services provider in China. It offers product development, technical services and education and training in data technology. The company provides solutions and technical services related to the fields of Data service, Data analysis, and Data application. Data services offer database management services through Oracle, Mysql, MongoDB, SQLserver, PostgreSQL, DB2, SAP HANA, Redis, Teradata, and Informix. Data analysis field covers services such as data visualization and in-depth analysis. Data application comprises the provision of different services such as big data, cloud computing, blockchain, artificial intelligence, and the Internet of Things.
Executives
Wang Gui Ping senior management
Xiao Feng Director
Wang Zhen Wei Director
Zhao Xuan Director
Yan Zhong Wen Director
Meng Ya Nan Supervisors
Hu Wei Na Director
Han Han senior management
Chen Zhi Min Director
Zhu Hua Wei Director
Liu Hui senior management

Beijing Vastdata Technology Co Headlines

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