China Shenhua Energy Co (China Shenhua Energy Co) Days Payable : 57.03 (As of Dec. 2023)

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What is China Shenhua Energy Co Days Payable?

China Shenhua Energy Co's average Accounts Payable for the three months ended in Dec. 2023 was $4,917 Mil. China Shenhua Energy Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $7,867 Mil. Hence, China Shenhua Energy Co's Days Payable for the three months ended in Dec. 2023 was 57.03.

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

CSUAY' s Days Payable Range Over the Past 10 Years
Min: 52.05 Med: 68.95 Max: 120.65
Current: 58.48

During the past 13 years, China Shenhua Energy Co's highest Days Payable was 120.65. The lowest was 52.05. And the median was 68.95.

CSUAY's Days Payable is ranked worse than
53.17% of 126 companies
in the Other Energy Sources industry
Industry Median: 65.515 vs CSUAY: 58.48

China Shenhua Energy Co's Days Payable increased from Dec. 2022 (55.09) to Dec. 2023 (57.03). It may suggest that China Shenhua Energy Co delayed paying its suppliers.

China Shenhua Energy Co Days Payable Historical Data

The historical data trend for China Shenhua Energy 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.

* Premium members only.

China Shenhua Energy Co Days Payable Chart

China Shenhua Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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66.73

64.46

51.44

67.35

65.40

China Shenhua Energy Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															55.09	60.39	57.76	53.31	57.03

Competitive Comparison of China Shenhua Energy Co's Days Payable

For the Thermal Coal subindustry, China Shenhua Energy 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.

China Shenhua Energy Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, China Shenhua Energy Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Shenhua Energy Co's Days Payable falls into.

China Shenhua Energy 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.

China Shenhua Energy 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
=	( (5590.028	+	5448.167)	/	2 )	/	30800.538	*	365
=	5519.0975					/	30800.538	*	365
=	65.40

China Shenhua Energy Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4385.371	+	5448.167)	/	2 )	/	7867.147	*	365 / 4
=	4916.769					/	7867.147	*	365 / 4
=	57.03

China Shenhua Energy Co Days Payable Related Terms

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China Shenhua Energy Co (China Shenhua Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » China Shenhua Energy Co Ltd (OTCPK:CSUAY) » Definitions » Days Payable

Traded in Other Exchanges

CUAEF:USA 01088:Hong Kong IKF:Germany 601088:China

Address

No. 22, Andingmen Xibinhe Road, Dongcheng District, Beijing, CHN, 100011

Website

http://www.csec.com

China Shenhua Energy Co Ltd is a globally-leading integrated coal-based energy company, mainly engaging in seven business segments, namely coal, electricity, new energy, coal-to-chemicals, railway, port handling, and shipping. Focusing on its core coal mining operation, China Shenhua leverages its self-developed transportation and sales network as well as downstream power plants, coal-to-chemicals facilities and new energy projects to achieve cross-sector and cross-industry integrated development and operation.

China Shenhua Energy Co (China Shenhua Energy Co) Headlines

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