Zhejiang Huace Film & TV Co (SZSE:300133) Days Payable : 343.88 (As of Mar. 2024)

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What is Zhejiang Huace Film & TV Co Days Payable?

Zhejiang Huace Film & TV Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥408 Mil. Zhejiang Huace Film & TV Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥108 Mil. Hence, Zhejiang Huace Film & TV Co's Days Payable for the three months ended in Mar. 2024 was 343.88.

The historical rank and industry rank for Zhejiang Huace Film & TV Co's Days Payable or its related term are showing as below:

SZSE:300133' s Days Payable Range Over the Past 10 Years
Min: 70.59 Med: 114.45 Max: 263.1
Current: 160.54

During the past 13 years, Zhejiang Huace Film & TV Co's highest Days Payable was 263.10. The lowest was 70.59. And the median was 114.45.

SZSE:300133's Days Payable is ranked better than
71.86% of 931 companies
in the Media - Diversified industry
Industry Median: 79.27 vs SZSE:300133: 160.54

Zhejiang Huace Film & TV Co's Days Payable increased from Mar. 2023 (77.06) to Mar. 2024 (343.88). It may suggest that Zhejiang Huace Film & TV Co delayed paying its suppliers.

Zhejiang Huace Film & TV Co Days Payable Historical Data

The historical data trend for Zhejiang Huace Film & TV 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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Zhejiang Huace Film & TV Co Days Payable Chart

Zhejiang Huace Film & TV Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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263.10

121.59

70.59

116.84

117.18

Zhejiang Huace Film & TV 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															77.06	609.56	163.48	57.99	343.88

Competitive Comparison of Zhejiang Huace Film & TV Co's Days Payable

For the Entertainment subindustry, Zhejiang Huace Film & TV 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.

Zhejiang Huace Film & TV Co's Days Payable Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Zhejiang Huace Film & TV Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Zhejiang Huace Film & TV Co's Days Payable falls into.

Zhejiang Huace Film & TV 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.

Zhejiang Huace Film & TV 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
=	( (614.998	+	425.933)	/	2 )	/	1621.16	*	365
=	520.4655					/	1621.16	*	365
=	117.18

Zhejiang Huace Film & TV 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
=	( (425.933	+	391.027)	/	2 )	/	108.392	*	365 / 4
=	408.48					/	108.392	*	365 / 4
=	343.88

Zhejiang Huace Film & TV Co Days Payable Related Terms

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Zhejiang Huace Film & TV Co (SZSE:300133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zhejiang Huace Film & TV Co Ltd (SZSE:300133) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Suit 3025 Wushan Plaza Town, No 9 Yanan Road, Hangzhou, CHN, 310002

Website

http://www.huacemedia.com

Zhejiang Huace Film & TV Co Ltd operates as a film and television production company. It focuses on the creation of TV dramas, films, and various kinds of fine arts.

Executives

Zhang Si Ta	Secretary Dong
Fu Mei Cheng	Director
Fu Bin Xing	Executives
Wu Fan	Director
Wang Ling Li	Executives
Du Fang	Supervisors
Jin Qian	Directors, executives
Zhang Wei Ying	Executives
Cheng Sheng De	Director
Zhao Yi Fang	Directors, executives

Zhejiang Huace Film & TV Co (SZSE:300133) Headlines

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