ZhongTongGuoMai Communication Co (SHSE:603559) Days Payable : 184.89 (As of Mar. 2025)

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What is ZhongTongGuoMai Communication Co Days Payable?

ZhongTongGuoMai Communication Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥140.0 Mil. ZhongTongGuoMai Communication Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥69.1 Mil. Hence, ZhongTongGuoMai Communication Co's Days Payable for the three months ended in Mar. 2025 was 184.89.

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

SHSE:603559' s Days Payable Range Over the Past 10 Years
Min: 117.13 Med: 240.32 Max: 462.05
Current: 241.43

During the past 13 years, ZhongTongGuoMai Communication Co's highest Days Payable was 462.05. The lowest was 117.13. And the median was 240.32.

SHSE:603559's Days Payable is ranked better than
85.81% of 2558 companies
in the Software industry
Industry Median: 54.44 vs SHSE:603559: 241.43

ZhongTongGuoMai Communication Co's Days Payable declined from Mar. 2024 (1,384.12) to Mar. 2025 (184.89). It may suggest that ZhongTongGuoMai Communication Co accelerated paying its suppliers.

ZhongTongGuoMai Communication Co Days Payable Historical Data

The historical data trend for ZhongTongGuoMai Communication 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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ZhongTongGuoMai Communication Co Days Payable Chart

ZhongTongGuoMai Communication Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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255.69

260.53

329.25

462.05

277.62

ZhongTongGuoMai Communication Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															1,384.12	363.23	265.95	188.06	184.89

Competitive Comparison of ZhongTongGuoMai Communication Co's Days Payable

For the Information Technology Services subindustry, ZhongTongGuoMai Communication 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.

ZhongTongGuoMai Communication Co's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where ZhongTongGuoMai Communication Co's Days Payable falls into.

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ZhongTongGuoMai Communication 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.

ZhongTongGuoMai Communication Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (388.916	+	153.252)	/	2 )	/	356.41	*	365
=	271.084					/	356.41	*	365
=	277.62

ZhongTongGuoMai Communication Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (153.252	+	126.717)	/	2 )	/	69.086	*	365 / 4
=	139.9845					/	69.086	*	365 / 4
=	184.89

ZhongTongGuoMai Communication Co Days Payable Related Terms

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

ZhongTongGuoMai Communication Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ZhongTongGuoMai Communication Co Ltd (SHSE:603559) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6399, Nanhu Road, Jilin Province, Changchun, CHN, 130012

Website

https://www.ztgmcom.com

ZhongTongGuoMai Communication Co Ltd is the communication technology service provider in China. The company undertakes the communication network engineering consulting, surveying and design and construction activities; and communication network system operation and maintenance services. The communication technology services provided by the company mainly include two types of communication network engineering services and communication network maintenance services. The network engineering service refers to the construction of communication lines and communication pipes at the network level such as the core network, the transmission network and the access network.

Executives

Wang Shi Chao	Director
Li Chun Tian	Director
Qu Guo Li	Supervisors
Zhang Jian Min	senior management
Zhou Cai Hua	Directors, senior managers
Zhang Xian Kun	Director
Meng Qi	senior management
Ma Si Long	Supervisors
Zhang Li Yan	senior management
Tang Zhi Yuan	Director
Yu Sheng Xiang	Director
Wang Zhen Gang	Director

ZhongTongGuoMai Communication Co Headlines

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