Thunder Software Technology Co (SZSE:300496) Days Payable : 35.84 (As of Sep. 2024)

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What is Thunder Software Technology Co Days Payable?

Thunder Software Technology Co's average Accounts Payable for the three months ended in Sep. 2024 was ¥326 Mil. Thunder Software Technology Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥830 Mil. Hence, Thunder Software Technology Co's Days Payable for the three months ended in Sep. 2024 was 35.84.

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

SZSE:300496' s Days Payable Range Over the Past 10 Years
Min: 2.55 Med: 28.16 Max: 36.67
Current: 34.99

During the past 13 years, Thunder Software Technology Co's highest Days Payable was 36.67. The lowest was 2.55. And the median was 28.16.

SZSE:300496's Days Payable is ranked worse than
60.92% of 2523 companies
in the Software industry
Industry Median: 48.75 vs SZSE:300496: 34.99

Thunder Software Technology Co's Days Payable increased from Sep. 2023 (31.63) to Sep. 2024 (35.84). It may suggest that Thunder Software Technology Co delayed paying its suppliers.

Thunder Software Technology Co Days Payable Historical Data

The historical data trend for Thunder Software 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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Thunder Software Technology Co Days Payable Chart

Thunder Software Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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27.34

28.98

32.67

34.51

36.67

Thunder Software Technology Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															31.63	30.41	39.79	33.08	35.84

Competitive Comparison of Thunder Software Technology Co's Days Payable

For the Software - Application subindustry, Thunder Software 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.

Thunder Software Technology Co's Days Payable Distribution in the Software Industry

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

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

Thunder Software 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.

Thunder Software 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
=	( (329.993	+	334.193)	/	2 )	/	3305.45	*	365
=	332.093					/	3305.45	*	365
=	36.67

Thunder Software Technology Co's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (301.965	+	350.235)	/	2 )	/	830.174	*	365 / 4
=	326.1					/	830.174	*	365 / 4
=	35.84

Thunder Software Technology Co Days Payable Related Terms

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Thunder Software Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Thunder Software Technology Co Ltd (SZSE:300496) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9, Qinghua East Road, Chuangda Building, Building 3, Haidian District, Beijing, CHN, 100083

Website

https://www.thundersoft.com

Thunder Software Technology Co Ltd is a China-based smart device operating system and platform technology provider. It provides smart device operating system solutions to consumers as well as enterprises. The company offers solutions for smartphones, tablets, smart TVs, camera solutions, mobile device management systems, application development platforms, and mobile security solutions. In addition, it also offers services such as carrier certification, Android OS upgrade, application development and maintenance, OS customization, and others.

Executives

Zou Peng Cheng	Directors, executives
Sun Tao	Executives
Wang Huan Xin	Directors, Directors, and Executives
Zhao Hong Fei	Directors, executives
Deng Feng	Director
Chen Xiao Hua	Director
An Ran	Securities Affairs Representative
Wu Wen Guang	Supervisors
Ji Zhi Qiang	Supervisors
Wang Shan Shan	Securities Affairs Representative

Thunder Software Technology Co Headlines

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