Threes Company Media Group Co (SHSE:605168) Days Payable : 103.55 (As of Mar. 2024)

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What is Threes Company Media Group Co Days Payable?

Threes Company Media Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥877 Mil. Threes Company Media Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥772 Mil. Hence, Threes Company Media Group Co's Days Payable for the three months ended in Mar. 2024 was 103.55.

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

SHSE:605168' s Days Payable Range Over the Past 10 Years
Min: 61.19 Med: 94.68 Max: 128.01
Current: 86.25

During the past 11 years, Threes Company Media Group Co's highest Days Payable was 128.01. The lowest was 61.19. And the median was 94.68.

SHSE:605168's Days Payable is ranked better than
51.57% of 923 companies
in the Media - Diversified industry
Industry Median: 81.72 vs SHSE:605168: 86.25

Threes Company Media Group Co's Days Payable declined from Mar. 2023 (187.38) to Mar. 2024 (103.55). It may suggest that Threes Company Media Group Co accelerated paying its suppliers.

Threes Company Media Group Co Days Payable Historical Data

The historical data trend for Threes Company Media Group 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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Threes Company Media Group Co Days Payable Chart

Threes Company Media Group Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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80.36

74.34

99.99

113.89

128.01

Threes Company Media Group 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															187.38	96.09	77.42	91.48	103.55

Competitive Comparison of Threes Company Media Group Co's Days Payable

For the Advertising Agencies subindustry, Threes Company Media Group 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.

Threes Company Media Group Co's Days Payable Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Threes Company Media Group Co's Days Payable falls into.

Threes Company Media Group 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.

Threes Company Media Group 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
=	( (2016.669	+	1033.223)	/	2 )	/	4348.277	*	365
=	1524.946					/	4348.277	*	365
=	128.01

Threes Company Media Group 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
=	( (1033.223	+	719.921)	/	2 )	/	772.442	*	365 / 4
=	876.572					/	772.442	*	365 / 4
=	103.55

Threes Company Media Group Co Days Payable Related Terms

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Threes Company Media Group Co (SHSE:605168) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Threes Company Media Group Co Ltd (SHSE:605168) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Keji 2nd Road, Xi'an Software Park, No. 72, E401, Tangle Pavilion, High-tech Zone, Shaanxi Province, Xi'an, CHN

Website

http://www.topsrx.com

Threes Company Media Group Co Ltd is a one-stop campus integrated marketing and professional digital marketing service provider. The company is engaged in digital marketing services, scene activity services and campus media marketing services. Its services include campus integration marketing, public relations event planning, and case-based digital marketing. System, service content covers campus marketing and promotion, campus event planning, brand strategy, Internet communication strategy, media strategy, creative services, technical services, media procurement, social marketing and many other aspects.

Executives

Guo Xian Wei	Director
Wang Chuan	Directors, senior managers
Li Da	senior management
Chen Sheng	senior management
Zhang Hao	Directors, senior managers
Dai Xiu Ju	Supervisors
Wang Lei	Supervisors
Qian Jun Dong	Directors, senior managers

Threes Company Media Group Co (SHSE:605168) Headlines

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