Fujian Rongji Software Co (SZSE:002474) Days Payable : 211.72 (As of Mar. 2025)

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What is Fujian Rongji Software Co Days Payable?

Fujian Rongji Software Co's average Accounts Payable for the three months ended in Mar. 2025 was ¥203.5 Mil. Fujian Rongji Software Co's Cost of Goods Sold for the three months ended in Mar. 2025 was ¥87.7 Mil. Hence, Fujian Rongji Software Co's Days Payable for the three months ended in Mar. 2025 was 211.72.

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

SZSE:002474' s Days Payable Range Over the Past 10 Years
Min: 103.02 Med: 229.03 Max: 364.44
Current: 200.07

During the past 13 years, Fujian Rongji Software Co's highest Days Payable was 364.44. The lowest was 103.02. And the median was 229.03.

SZSE:002474's Days Payable is ranked better than
84.9% of 2549 companies
in the Software industry
Industry Median: 51.21 vs SZSE:002474: 200.07

Fujian Rongji Software Co's Days Payable declined from Mar. 2024 (376.26) to Mar. 2025 (211.72). It may suggest that Fujian Rongji Software Co accelerated paying its suppliers.

Fujian Rongji Software Co Days Payable Historical Data

The historical data trend for Fujian Rongji Software 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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Fujian Rongji Software Co Days Payable Chart

Fujian Rongji Software Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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264.79

303.36

256.18

364.44

240.90

Fujian Rongji Software Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															376.26	171.69	244.69	177.69	211.72

Competitive Comparison of Fujian Rongji Software Co's Days Payable

For the Software - Application subindustry, Fujian Rongji Software 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.

Fujian Rongji Software Co's Days Payable Distribution in the Software Industry

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

* The bar in red indicates where Fujian Rongji Software Co's Days Payable falls into.

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Fujian Rongji Software 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.

Fujian Rongji Software Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (263.381	+	201.709)	/	2 )	/	352.341	*	365
=	232.545					/	352.341	*	365
=	240.90

Fujian Rongji Software Co's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (201.709	+	205.208)	/	2 )	/	87.689	*	365 / 4
=	203.4585					/	87.689	*	365 / 4
=	211.72

Fujian Rongji Software Co Days Payable Related Terms

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Fujian Rongji Software Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fujian Rongji Software Co Ltd (SZSE:002474) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Software Avenue, Area Drum Tower A, 15, 89, Fuzhou, Fujian Province, CHN, 350003

Website

http://www.rongji.com.cn

Fujian Rongji Software Co Ltd is principally engaged in the development and distribution of software products in China. The company offers software products for e-government, information security, judicial information, quality inspection information, and environmental information industries.

Executives

Jin Yi	Directors, executives
Wan Xiao Xiong	Directors, executives
Liu Jing Yan	Director
Bin Zhuang Xing	Executives
Chen Ming Ping	Directors, executives
Lu Feng	Directors, executives
Zhen Qian Jin	Executives
Zhao Jian	Director
Li Hui Qin	Executives
Hou Wei	Directors, executives
Chen Wei	Supervisors
Wei Jian Guang	Supervisors
Wang Jie	Directors, executives
Yang Xue Yuan	Director
Zhang Zhi Ge	Director

Fujian Rongji Software Co Headlines

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