Xinhua Winshare Publishing & Media Co (Xinhua Winshare Publishing & Media Co) Days Payable : 322.63 (As of Mar. 2024)

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What is Xinhua Winshare Publishing & Media Co Days Payable?

Xinhua Winshare Publishing & Media Co's average Accounts Payable for the three months ended in Mar. 2024 was $799 Mil. Xinhua Winshare Publishing & Media Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $226 Mil. Hence, Xinhua Winshare Publishing & Media Co's Days Payable for the three months ended in Mar. 2024 was 322.63.

The historical rank and industry rank for Xinhua Winshare Publishing & Media Co's Days Payable or its related term are showing as below:

SHXWF' s Days Payable Range Over the Past 10 Years
Min: 222.92 Med: 259.13 Max: 299.7
Current: 284.82

During the past 13 years, Xinhua Winshare Publishing & Media Co's highest Days Payable was 299.70. The lowest was 222.92. And the median was 259.13.

SHXWF's Days Payable is ranked better than
83.41% of 922 companies
in the Media - Diversified industry
Industry Median: 80.61 vs SHXWF: 284.82

Xinhua Winshare Publishing & Media Co's Days Payable declined from Mar. 2023 (325.36) to Mar. 2024 (322.63). It may suggest that Xinhua Winshare Publishing & Media Co accelerated paying its suppliers.

Xinhua Winshare Publishing & Media Co Days Payable Historical Data

The historical data trend for Xinhua Winshare Publishing & Media 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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Xinhua Winshare Publishing & Media Co Days Payable Chart

Xinhua Winshare Publishing & Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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268.03

288.89

271.36

299.43

273.65

Xinhua Winshare Publishing & Media 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															325.36	289.83	292.66	237.08	322.63

Competitive Comparison of Xinhua Winshare Publishing & Media Co's Days Payable

For the Publishing subindustry, Xinhua Winshare Publishing & Media 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.

Xinhua Winshare Publishing & Media Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Xinhua Winshare Publishing & Media Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Xinhua Winshare Publishing & Media Co's Days Payable falls into.

Xinhua Winshare Publishing & Media 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.

Xinhua Winshare Publishing & Media 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
=	( (778.06	+	766.093)	/	2 )	/	1029.828	*	365
=	772.0765					/	1029.828	*	365
=	273.65

Xinhua Winshare Publishing & Media 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
=	( (766.093	+	832.448)	/	2 )	/	226.057	*	365 / 4
=	799.2705					/	226.057	*	365 / 4
=	322.63

Xinhua Winshare Publishing & Media Co Days Payable Related Terms

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Xinhua Winshare Publishing & Media Co (Xinhua Winshare Publishing & Media Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Xinhua Winshare Publishing & Media Co Ltd (OTCPK:SHXWF) » Definitions » Days Payable

Traded in Other Exchanges

00811:Hong Kong 601811:China

Address

No. 238 Sanse Road, Unit 1, Block 1, Jinjiang District, Sichuan, Chengdu, CHN

Website

https://www.winshare.com.cn

Xinhua Winshare Publishing & Media Co Ltd is engaged in the publishing of books, periodicals and audio-visual products and distribution of textbooks and supplementary materials. It operates its activity in China through two operating segments; the Publication segment which includes the publishing of books, periodicals and audiovisual products and the Distribution segment which comprises of distribution of textbooks and supplementary materials. The group generates a majority of its revenue from the Distribution segment.

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