Anhui Conch Cement Co (Anhui Conch Cement Co) Days Payable

: 14.91 (As of Dec. 2023)

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Anhui Conch Cement Co's average Accounts Payable for the three months ended in Dec. 2023 was $841 Mil. Anhui Conch Cement Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $5,146 Mil. Hence, Anhui Conch Cement Co's Days Payable for the three months ended in Dec. 2023 was 14.91.

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

AHCHY' s Days Payable Range Over the Past 10 Years
Min: 17.58 Med: 24.93 Max: 40.02
Current: 18.59

During the past 13 years, Anhui Conch Cement Co's highest Days Payable was 40.02. The lowest was 17.58. And the median was 24.93.

AHCHY's Days Payable is ranked worse than
95.95% of 370 companies
in the Building Materials industry
Industry Median: 67.835 vs AHCHY: 18.59

Anhui Conch Cement Co's Days Payable increased from Dec. 2022 (13.87) to Dec. 2023 (14.91). It may suggest that Anhui Conch Cement Co delayed paying its suppliers.

Anhui Conch Cement Co Days Payable Historical Data

The historical data trend for Anhui Conch Cement 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.

Anhui Conch Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

24.08

16.86

17.74

25.41

21.30

Anhui Conch Cement 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																13.87	21.71	19.02	17.75	14.91

Competitive Comparison

For the Building Materials subindustry, Anhui Conch Cement 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.

Anhui Conch Cement Co Days Payable Distribution

For the Building Materials industry and Basic Materials sector, Anhui Conch Cement Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Conch Cement Co's Days Payable falls into.

Anhui Conch Cement 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.

Anhui Conch Cement 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
=	( (1003.063	+	919.889)	/	2 )	/	16475.256	*	365
=	961.476					/	16475.256	*	365
=	21.30

Anhui Conch Cement 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
=	( (762.054	+	919.889)	/	2 )	/	5146.345	*	365 / 4
=	840.9715					/	5146.345	*	365 / 4
=	14.91

Anhui Conch Cement Co Days Payable Related Terms

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Anhui Conch Cement Co (Anhui Conch Cement Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Anhui Conch Cement Co Ltd (OTCPK:AHCHY) » Definitions » Days Payable

Traded in Other Exchanges

AHCHF:USA 00914:Hong Kong AQE:Germany 600585:China

Address

No. 39 Wenhua Road, Anhui Province, Wuhu, CHN, 241000

Website

http://www.conch.cn

Anhui Conch Cement is mainly engaged in the production and sale of cement and clinker. The company was established in 1997 and headquartered in Anhui province. With annual cement production capacity of 388 million metric tons in 2022, the firm is the second-largest cement manufacturer in China. Sales of self-produced products contributed about 71.9% of its 2022 revenue, with the remainder mainly from the trading business and service income.

Anhui Conch Cement Co (Anhui Conch Cement Co) Headlines

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