Brilliance Technology Co (SZSE:300542) Days Payable : 177.56 (As of Mar. 2024)

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What is Brilliance Technology Co Days Payable?

Brilliance Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥294 Mil. Brilliance Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥151 Mil. Hence, Brilliance Technology Co's Days Payable for the three months ended in Mar. 2024 was 177.56.

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

SZSE:300542' s Days Payable Range Over the Past 10 Years
Min: 57.38 Med: 75.69 Max: 116.95
Current: 57.38

During the past 13 years, Brilliance Technology Co's highest Days Payable was 116.95. The lowest was 57.38. And the median was 75.69.

SZSE:300542's Days Payable is ranked better than
53.48% of 2526 companies
in the Software industry
Industry Median: 49.695 vs SZSE:300542: 57.38

Brilliance Technology Co's Days Payable increased from Mar. 2023 (143.98) to Mar. 2024 (177.56). It may suggest that Brilliance Technology Co delayed paying its suppliers.

Brilliance Technology Co Days Payable Historical Data

The historical data trend for Brilliance 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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Brilliance Technology Co Days Payable Chart

Brilliance Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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69.68

58.92

68.53

58.28

84.02

Brilliance Technology 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															143.98	45.59	65.73	43.33	177.56

Competitive Comparison of Brilliance Technology Co's Days Payable

For the Software - Application subindustry, Brilliance 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.

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

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

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

Brilliance 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.

Brilliance 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
=	( (231.255	+	425.969)	/	2 )	/	1427.584	*	365
=	328.612					/	1427.584	*	365
=	84.02

Brilliance Technology 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
=	( (425.969	+	161.568)	/	2 )	/	150.973	*	365 / 4
=	293.7685					/	150.973	*	365 / 4
=	177.56

Brilliance Technology Co Days Payable Related Terms

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Brilliance Technology Co (SZSE:300542) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Brilliance Technology Co Ltd (SZSE:300542) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Landianchang East Road, Haidian District, 8/F,Tower B2, Golden Resource & Times Business Center No 2, Beijing, CHN, 100097

Website

http://www.brilliance.com.cn

Brilliance Technology Co Ltd provides software development, computer system integration, consulting and project management services. The company's software solutions include international business, corporate settlement system, bank settlement system, and bank intermediary business platform solutions; channel integration cloud platform, total cooperation cloud platform, television banking system, online banking system, and call center application platform solutions; and data exchange applications and service products. It also provides IT infrastructure solutions comprising an information security system, enterprise network construction, and data center infrastructure solutions; and IT services.

Executives

Kang Lu	Director
Yu Ke Jian	Directors, executives
Tang Ruo Mei	Supervisors
Zhang Yan Sheng	Directors, executives
Yang Han Jie	Director
Zhang Da Xin	Directors, executives
Li Fu Hua	Director
Ding Fei	Securities Affairs Representative

Brilliance Technology Co (SZSE:300542) Headlines

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