Bonree Data Technology Co (SHSE:688229) Days Payable : 128.99 (As of Mar. 2024)

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What is Bonree Data Technology Co Days Payable?

Bonree Data Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥10.9 Mil. Bonree Data Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥7.7 Mil. Hence, Bonree Data Technology Co's Days Payable for the three months ended in Mar. 2024 was 128.99.

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

SHSE:688229' s Days Payable Range Over the Past 10 Years
Min: 50.95 Med: 72.16 Max: 120.64
Current: 81.79

During the past 11 years, Bonree Data Technology Co's highest Days Payable was 120.64. The lowest was 50.95. And the median was 72.16.

SHSE:688229's Days Payable is ranked better than
63.57% of 2531 companies
in the Software industry
Industry Median: 50.13 vs SHSE:688229: 81.79

Bonree Data Technology Co's Days Payable increased from Mar. 2023 (113.82) to Mar. 2024 (128.99). It may suggest that Bonree Data Technology Co delayed paying its suppliers.

Bonree Data Technology Co Days Payable Historical Data

The historical data trend for Bonree Data 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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Bonree Data Technology Co Days Payable Chart

Bonree Data Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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76.09

114.78

95.42

120.64

110.25

Bonree Data Technology 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															113.82	60.03	68.37	93.84	128.99

Competitive Comparison of Bonree Data Technology Co's Days Payable

For the Software - Infrastructure subindustry, Bonree Data 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.

Bonree Data Technology Co's Days Payable Distribution in the Software Industry

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

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

Bonree Data 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.

Bonree Data 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
=	( (13.687	+	12.027)	/	2 )	/	42.564	*	365
=	12.857					/	42.564	*	365
=	110.25

Bonree Data Technology 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
=	( (12.027	+	9.859)	/	2 )	/	7.741	*	365 / 4
=	10.943					/	7.741	*	365 / 4
=	128.99

Bonree Data Technology Co Days Payable Related Terms

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Bonree Data Technology Co (SHSE:688229) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bonree Data Technology Co Ltd (SHSE:688229) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4th Floor, No. 46 Dongzhong Street, Dongcheng District, Beijing, CHN, 100027

Website

http://www.bonree.com

Bonree Data Technology Co Ltd is an application performance management service provider in China. The company establishes a visual full-business chain performance management system for enterprises to ensure that performance problems at all levels are accurately discovered and located, helping enterprises quickly grasp the impact of application performance on the business, and quickly optimize application performance and IT cost investment in a targeted manner, thereby improving the efficiency and quality of IT system support for digital services, helping companies reduce costs and losses, and improving user experience and business development.

Executives

Jiao Ruo Lei	Director
Hou Jian Kang	Supervisors
Wang Li Min	Director

Bonree Data Technology Co (SHSE:688229) Headlines

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