Beijing Centergate Technologies (Holding) Co (SZSE:000931) Days Payable : 106.75 (As of Mar. 2024)

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What is Beijing Centergate Technologies (Holding) Co Days Payable?

Beijing Centergate Technologies (Holding) Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥270 Mil. Beijing Centergate Technologies (Holding) Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥231 Mil. Hence, Beijing Centergate Technologies (Holding) Co's Days Payable for the three months ended in Mar. 2024 was 106.75.

The historical rank and industry rank for Beijing Centergate Technologies (Holding) Co's Days Payable or its related term are showing as below:

SZSE:000931' s Days Payable Range Over the Past 10 Years
Min: 105.15 Med: 149.98 Max: 261.41
Current: 105.15

During the past 13 years, Beijing Centergate Technologies (Holding) Co's highest Days Payable was 261.41. The lowest was 105.15. And the median was 149.98.

SZSE:000931's Days Payable is ranked better than
52.48% of 1570 companies
in the Real Estate industry
Industry Median: 97.275 vs SZSE:000931: 105.15

Beijing Centergate Technologies (Holding) Co's Days Payable declined from Mar. 2023 (108.46) to Mar. 2024 (106.75). It may suggest that Beijing Centergate Technologies (Holding) Co accelerated paying its suppliers.

Beijing Centergate Technologies (Holding) Co Days Payable Historical Data

The historical data trend for Beijing Centergate Technologies (Holding) 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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Beijing Centergate Technologies (Holding) Co Days Payable Chart

Beijing Centergate Technologies (Holding) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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138.22

166.37

135.84

143.64

119.58

Beijing Centergate Technologies (Holding) 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															108.46	135.46	100.92	91.09	106.75

Competitive Comparison of Beijing Centergate Technologies (Holding) Co's Days Payable

For the Real Estate Services subindustry, Beijing Centergate Technologies (Holding) 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.

Beijing Centergate Technologies (Holding) Co's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Beijing Centergate Technologies (Holding) Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Beijing Centergate Technologies (Holding) Co's Days Payable falls into.

Beijing Centergate Technologies (Holding) 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.

Beijing Centergate Technologies (Holding) 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
=	( (325.125	+	302.425)	/	2 )	/	957.745	*	365
=	313.775					/	957.745	*	365
=	119.58

Beijing Centergate Technologies (Holding) 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
=	( (302.425	+	238.003)	/	2 )	/	230.989	*	365 / 4
=	270.214					/	230.989	*	365 / 4
=	106.75

Beijing Centergate Technologies (Holding) Co Days Payable Related Terms

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Beijing Centergate Technologies (Holding) Co (SZSE:000931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Beijing Centergate Technologies (Holding) Co Ltd (SZSE:000931) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 26, Yunyun Road, 2208, 22nd Floor, Block B, Pengrun Building, Chaoyang District, Beijing, CHN, 100016

Website

http://www.centek.com.cn

Beijing Centergate Technologies (Holding) Co Ltd is principally engaged in the pharmaceutical production and sales, construction, real estate development, and property management businesses. Geographically operates through China.

Beijing Centergate Technologies (Holding) Co (SZSE:000931) Headlines

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