Client Service International (SZSE:300663) Days Payable : 38.68 (As of Jun. 2024)

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What is Client Service International Days Payable?

Client Service International's average Accounts Payable for the three months ended in Jun. 2024 was ¥74 Mil. Client Service International's Cost of Goods Sold for the three months ended in Jun. 2024 was ¥174 Mil. Hence, Client Service International's Days Payable for the three months ended in Jun. 2024 was 38.68.

The historical rank and industry rank for Client Service International's Days Payable or its related term are showing as below:

SZSE:300663' s Days Payable Range Over the Past 10 Years
Min: 4.67 Med: 17.44 Max: 36.29
Current: 30.45

During the past 12 years, Client Service International's highest Days Payable was 36.29. The lowest was 4.67. And the median was 17.44.

SZSE:300663's Days Payable is ranked worse than
65.93% of 2545 companies
in the Software industry
Industry Median: 49.25 vs SZSE:300663: 30.45

Client Service International's Days Payable declined from Jun. 2023 (39.02) to Jun. 2024 (38.68). It may suggest that Client Service International accelerated paying its suppliers.

Client Service International Days Payable Historical Data

The historical data trend for Client Service International'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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Client Service International Days Payable Chart

Client Service International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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16.86

36.29

32.41

34.81

32.72

Client Service International Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															39.02	37.56	17.23	42.17	38.68

Competitive Comparison of Client Service International's Days Payable

For the Software - Application subindustry, Client Service International'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.

Client Service International's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Client Service International's Days Payable distribution charts can be found below:

* The bar in red indicates where Client Service International's Days Payable falls into.

Client Service International 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.

Client Service International'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
=	( (75.376	+	74.226)	/	2 )	/	834.486	*	365
=	74.801					/	834.486	*	365
=	32.72

Client Service International's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (73.621	+	73.583)	/	2 )	/	173.618	*	365 / 4
=	73.602					/	173.618	*	365 / 4
=	38.68

Client Service International Days Payable Related Terms

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Client Service International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Client Service International Inc (SZSE:300663) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 18 Chaoyangmenwai Street, Fenglian Plaza Building, Room 1601, Building A, Chaoyang District, Beijing, CHN, 100176

Website

http://www.csii.com.cn

Client Service International Inc is a Chinese high tech company engaged in providing software product application development and consulting services in the field of Bank IT. It offers products and solutions in the field of Internet finance series, E-banking series, Core business series and Online banking security series. In internet finance series, the company offers direct banking and financial open platform. Through e-banking series, the company offers solutions such as mobile banking system, online banking, and online mall system, among others.

Executives

Wang An Jing

Directors, executives

Client Service International Headlines

No Headlines