Guangdong Jinma Entertainment (SZSE:300756) Days Payable : 97.91 (As of Sep. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Guangdong Jinma Entertainment Days Payable?

Guangdong Jinma Entertainment's average Accounts Payable for the three months ended in Sep. 2024 was ¥102.9 Mil. Guangdong Jinma Entertainment's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥95.9 Mil. Hence, Guangdong Jinma Entertainment's Days Payable for the three months ended in Sep. 2024 was 97.91.

The historical rank and industry rank for Guangdong Jinma Entertainment's Days Payable or its related term are showing as below:

SZSE:300756' s Days Payable Range Over the Past 10 Years
Min: 45.54 Med: 68.67 Max: 149.35
Current: 84.69

During the past 12 years, Guangdong Jinma Entertainment's highest Days Payable was 149.35. The lowest was 45.54. And the median was 68.67.

SZSE:300756's Days Payable is ranked better than
62.07% of 754 companies
in the Travel & Leisure industry
Industry Median: 59.635 vs SZSE:300756: 84.69

Guangdong Jinma Entertainment's Days Payable increased from Sep. 2023 (40.67) to Sep. 2024 (97.91). It may suggest that Guangdong Jinma Entertainment delayed paying its suppliers.

Guangdong Jinma Entertainment Days Payable Historical Data

The historical data trend for Guangdong Jinma Entertainment'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.

* Premium members only.

Guangdong Jinma Entertainment Days Payable Chart

Guangdong Jinma Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

49.03

68.67

64.46

70.17

45.54

Guangdong Jinma Entertainment 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															40.67	134.12	110.29	45.74	97.91

Competitive Comparison of Guangdong Jinma Entertainment's Days Payable

For the Leisure subindustry, Guangdong Jinma Entertainment'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.

Guangdong Jinma Entertainment's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Guangdong Jinma Entertainment's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Jinma Entertainment's Days Payable falls into.

Guangdong Jinma Entertainment 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.

Guangdong Jinma Entertainment'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
=	( (41.756	+	77.292)	/	2 )	/	477.047	*	365
=	59.524					/	477.047	*	365
=	45.54

Guangdong Jinma Entertainment'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
=	( (87.814	+	118.075)	/	2 )	/	95.939	*	365 / 4
=	102.9445					/	95.939	*	365 / 4
=	97.91

Guangdong Jinma Entertainment Days Payable Related Terms

Thank you for viewing the detailed overview of Guangdong Jinma Entertainment's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Jinma Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Guangdong Jinma Entertainment Corp Ltd (SZSE:300756) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5 Yanjiang East 3rd Road, Torch Development Zone, Guangdong Province, Zhongshan, CHN, 528437

Website

http://www.jinmabrand.com

Guangdong Jinma Entertainment Corp Ltd, formerly Jinma Technology Entertainment Corp Ltd is engaged in the development, production, and sale of amusement facilities. The company has sets of plants and equipment for mechanical processing, testing and installation, capable of manufacturing all kind of large, medium and small amusement rides. Its rides include roller coasters, tower rides, water rides, giant wheels, classic rides, carousels, family rides, scenery trains, and dark rides.

Executives

Lin Ze Zhao	Executives
Ceng Qing Yuan	Directors, executives
Deng Zhi Yi	Director
Liu Xi Wang	Directors, executives
Li Yong	Directors, executives
Jia Liao Chuan	Executives
Gao Qing Bin	Executives
Li Yu Cheng	Supervisors
Zheng Cai Yun	Executives
Chen Tao	Executives

Guangdong Jinma Entertainment Headlines

No Headlines