Hunan Kylinsec Technology Co (SHSE:688152) Days Payable : 135.22 (As of Sep. 2024)

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What is Hunan Kylinsec Technology Co Days Payable?

Hunan Kylinsec Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥29.9 Mil. Hunan Kylinsec Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥20.2 Mil. Hence, Hunan Kylinsec Technology Co's Days Payable for the three months ended in Sep. 2024 was 135.22.

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

SHSE:688152' s Days Payable Range Over the Past 10 Years
Min: 66.62 Med: 86 Max: 205.17
Current: 146.32

During the past 6 years, Hunan Kylinsec Technology Co's highest Days Payable was 205.17. The lowest was 66.62. And the median was 86.00.

SHSE:688152's Days Payable is ranked better than
77.16% of 2548 companies
in the Software industry
Industry Median: 51.29 vs SHSE:688152: 146.32

Hunan Kylinsec Technology Co's Days Payable declined from Sep. 2023 (451.66) to Sep. 2024 (135.22). It may suggest that Hunan Kylinsec Technology Co accelerated paying its suppliers.

Hunan Kylinsec Technology Co Days Payable Historical Data

The historical data trend for Hunan Kylinsec 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.

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Hunan Kylinsec Technology Co Days Payable Chart

Hunan Kylinsec Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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94.43

94.78

74.98

66.62

205.17

Hunan Kylinsec Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial													451.66	100.76	209.61	200.60	135.22

Competitive Comparison of Hunan Kylinsec Technology Co's Days Payable

For the Software - Infrastructure subindustry, Hunan Kylinsec 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.

Hunan Kylinsec Technology Co's Days Payable Distribution in the Software Industry

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

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

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Hunan Kylinsec 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.

Hunan Kylinsec 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
=	( (20.618	+	39.918)	/	2 )	/	53.847	*	365
=	30.268					/	53.847	*	365
=	205.17

Hunan Kylinsec 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
=	( (24.427	+	35.297)	/	2 )	/	20.152	*	365 / 4
=	29.862					/	20.152	*	365 / 4
=	135.22

Hunan Kylinsec Technology Co Days Payable Related Terms

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Hunan Kylinsec Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hunan Kylinsec Technology Co Ltd (SHSE:688152) » Definitions » Days Payable

Comparable Companies

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Address

No. 20, Qiyun Road, 4th Floor, Building 1, Qilin Science and Technology Park, High-tech Development Zone, Hunan Province, Changsha, CHN, 410006

Website

http://www.kylinsec.com.cn

Hunan Kylinsec Technology Co Ltd is a basic software supplier focusing on operating systems, cloud computing, and big data security products. It is committed to promoting localized security applications and making users IT infrastructure more secure and efficient.

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