China Railway Construction (China Railway Construction) Days Payable : 167.72 (As of Dec. 2023)

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What is China Railway Construction Days Payable?

China Railway Construction's average Accounts Payable for the three months ended in Dec. 2023 was $73,916 Mil. China Railway Construction's Cost of Goods Sold for the three months ended in Dec. 2023 was $40,214 Mil. Hence, China Railway Construction's Days Payable for the three months ended in Dec. 2023 was 167.72.

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

CWYCY' s Days Payable Range Over the Past 10 Years
Min: 147.73 Med: 177.32 Max: 189.75
Current: 188.04

During the past 13 years, China Railway Construction's highest Days Payable was 189.75. The lowest was 147.73. And the median was 177.32.

CWYCY's Days Payable is ranked better than
81.53% of 1603 companies
in the Construction industry
Industry Median: 73.79 vs CWYCY: 188.04

China Railway Construction's Days Payable declined from Dec. 2022 (178.80) to Dec. 2023 (167.72). It may suggest that China Railway Construction accelerated paying its suppliers.

China Railway Construction Days Payable Historical Data

The historical data trend for China Railway Construction'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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China Railway Construction Days Payable Chart

China Railway Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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176.80

177.26

173.20

187.14

191.98

China Railway Construction 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															178.80	184.62	201.90	202.70	167.72

Competitive Comparison of China Railway Construction's Days Payable

For the Engineering & Construction subindustry, China Railway Construction'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 Railway Construction's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, China Railway Construction's Days Payable distribution charts can be found below:

* The bar in red indicates where China Railway Construction's Days Payable falls into.

China Railway Construction 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 Railway Construction'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
=	( (73895.36	+	76332.379)	/	2 )	/	142808.757	*	365
=	75113.8695					/	142808.757	*	365
=	191.98

China Railway Construction'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
=	( (71499.397	+	76332.379)	/	2 )	/	40213.807	*	365 / 4
=	73915.888					/	40213.807	*	365 / 4
=	167.72

China Railway Construction Days Payable Related Terms

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China Railway Construction (China Railway Construction) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Railway Construction Corp Ltd (GREY:CWYCY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

01186:Hong Kong 4FF:Germany 601186:China

Address

East, No. 40 Fuxing Road, Haidian District, Beijing, CHN, 100855

Website

https://www.crcc.cn

China Railway Construction Corp Ltd operates as an infrastructure construction firm. It largely derives contracting revenue. It builds railways, highways and municipal works, such as subways and light rail systems. The company also engages in survey and design, manufacturing, logistics, and property development. It operates the following business segment: Construction; Survey, Design, and Consultancy; Manufacturing; Real Estate; and Other Business Operations. Most of the firm's revenue gets dominated by the Construction segment that engages in the construction of infrastructure such as railways, highways, metropolitan railways, and real estate projects.

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