China National Chemical Engineering Co (SHSE:601117) Days Payable : 189.03 (As of Mar. 2024)

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What is China National Chemical Engineering Co Days Payable?

China National Chemical Engineering Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥85,717 Mil. China National Chemical Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥41,379 Mil. Hence, China National Chemical Engineering Co's Days Payable for the three months ended in Mar. 2024 was 189.03.

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

SHSE:601117' s Days Payable Range Over the Past 10 Years
Min: 113.44 Med: 169.78 Max: 209.21
Current: 184.71

During the past 13 years, China National Chemical Engineering Co's highest Days Payable was 209.21. The lowest was 113.44. And the median was 169.78.

SHSE:601117's Days Payable is ranked better than
80.82% of 1601 companies
in the Construction industry
Industry Median: 73.84 vs SHSE:601117: 184.71

China National Chemical Engineering Co's Days Payable increased from Mar. 2023 (167.87) to Mar. 2024 (189.03). It may suggest that China National Chemical Engineering Co delayed paying its suppliers.

China National Chemical Engineering Co Days Payable Historical Data

The historical data trend for China National Chemical Engineering 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.

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China National Chemical Engineering Co Days Payable Chart

China National Chemical Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

134.98

170.04

169.76

169.79

177.49

China National Chemical Engineering Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															167.87	164.46	208.05	189.12	189.03

Competitive Comparison of China National Chemical Engineering Co's Days Payable

For the Engineering & Construction subindustry, China National Chemical Engineering 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 National Chemical Engineering Co's Days Payable Distribution in the Construction Industry

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

* The bar in red indicates where China National Chemical Engineering Co's Days Payable falls into.

China National Chemical Engineering 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 National Chemical Engineering 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
=	( (69788.632	+	87454.608)	/	2 )	/	161678.633	*	365
=	78621.62					/	161678.633	*	365
=	177.49

China National Chemical Engineering Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (87454.608	+	83979.796)	/	2 )	/	41378.652	*	365 / 4
=	85717.202					/	41378.652	*	365 / 4
=	189.03

China National Chemical Engineering Co Days Payable Related Terms

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China National Chemical Engineering Co (SHSE:601117) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China National Chemical Engineering Co Ltd (SHSE:601117) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

2nd Avenue, Dongzhimen, Dongcheng District, Beijing, CHN, 100007

Website

http://www.cncec.com.cn

China National Chemical Engineering Co Ltd engages in the general contracting of construction and infrastructure projects in the fields of chemical, petrochemical, pharmaceutical, power, and coal industries in China and internationally. It provides services, such as project consulting, prospecting, design, construction, project management environmental treatment, and technology research and development and its industrialization, as well as the installation of pipelines, circuits, and equipment.

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