DBAPPSecurity Co (SHSE:688023) Days Payable : 276.19 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is DBAPPSecurity Co Days Payable?

DBAPPSecurity Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥426 Mil. DBAPPSecurity Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥141 Mil. Hence, DBAPPSecurity Co's Days Payable for the three months ended in Mar. 2024 was 276.19.

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

SHSE:688023' s Days Payable Range Over the Past 10 Years
Min: 120.49 Med: 157.19 Max: 180.31
Current: 155.87

During the past 8 years, DBAPPSecurity Co's highest Days Payable was 180.31. The lowest was 120.49. And the median was 157.19.

SHSE:688023's Days Payable is ranked better than
78.95% of 2523 companies
in the Software industry
Industry Median: 49.74 vs SHSE:688023: 155.87

DBAPPSecurity Co's Days Payable increased from Mar. 2023 (196.60) to Mar. 2024 (276.19). It may suggest that DBAPPSecurity Co delayed paying its suppliers.

DBAPPSecurity Co Days Payable Historical Data

The historical data trend for DBAPPSecurity 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.

DBAPPSecurity Co Days Payable Chart

DBAPPSecurity Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

162.32

147.17

120.49

152.45

180.31

DBAPPSecurity 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															196.60	150.44	132.15	125.12	276.19

Competitive Comparison of DBAPPSecurity Co's Days Payable

For the Software - Infrastructure subindustry, DBAPPSecurity 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.

DBAPPSecurity Co's Days Payable Distribution in the Software Industry

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

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

DBAPPSecurity 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.

DBAPPSecurity 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
=	( (333.723	+	485.725)	/	2 )	/	829.413	*	365
=	409.724					/	829.413	*	365
=	180.31

DBAPPSecurity 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
=	( (485.725	+	365.916)	/	2 )	/	140.688	*	365 / 4
=	425.8205					/	140.688	*	365 / 4
=	276.19

DBAPPSecurity Co Days Payable Related Terms

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

DBAPPSecurity Co (SHSE:688023) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DBAPPSecurity Co Ltd (SHSE:688023) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 188, Lianhui Street, Anheng Building, Xixing Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310051

Website

https://www.dbappsecurity.com.cn

DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security.

Executives

Tan Xiu Zhu	Core technical personnel
Liu Bo	Core technical personnel
Jiang You Wei	Director
Fan Yuan	Director
Shen Ren Mei	Director

DBAPPSecurity Co (SHSE:688023) Headlines

No Headlines