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Sany Heavy Equipment International Holdings Co (HKSE:00631) Days Payable : 124.58 (As of Dec. 2023)


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What is Sany Heavy Equipment International Holdings Co Days Payable?

Sany Heavy Equipment International Holdings Co's average Accounts Payable for the three months ended in Dec. 2023 was HK$8,858 Mil. Sany Heavy Equipment International Holdings Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$6,488 Mil. Hence, Sany Heavy Equipment International Holdings Co's Days Payable for the three months ended in Dec. 2023 was 124.58.

The historical rank and industry rank for Sany Heavy Equipment International Holdings Co's Days Payable or its related term are showing as below:

HKSE:00631' s Days Payable Range Over the Past 10 Years
Min: 155.77   Med: 181.21   Max: 285.8
Current: 168.15

During the past 13 years, Sany Heavy Equipment International Holdings Co's highest Days Payable was 285.80. The lowest was 155.77. And the median was 181.21.

HKSE:00631's Days Payable is ranked better than
80.1% of 206 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 71.475 vs HKSE:00631: 168.15

Sany Heavy Equipment International Holdings Co's Days Payable declined from Dec. 2022 (1,595.95) to Dec. 2023 (124.58). It may suggest that Sany Heavy Equipment International Holdings Co accelerated paying its suppliers.


Sany Heavy Equipment International Holdings Co Days Payable Historical Data

The historical data trend for Sany Heavy Equipment International Holdings 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.

Sany Heavy Equipment International Holdings Co Days Payable Chart

Sany Heavy Equipment International Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 168.86 155.77 168.88 176.17 183.15

Sany Heavy Equipment International Holdings Co Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,595.95 - 54.14 231.64 124.58

Competitive Comparison of Sany Heavy Equipment International Holdings Co's Days Payable

For the Farm & Heavy Construction Machinery subindustry, Sany Heavy Equipment International Holdings 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.


Sany Heavy Equipment International Holdings Co's Days Payable Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sany Heavy Equipment International Holdings Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Sany Heavy Equipment International Holdings Co's Days Payable falls into.



Sany Heavy Equipment International Holdings 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.

Sany Heavy Equipment International Holdings 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
=( (7422.032 + 8857.638) / 2 ) / 16221.714*365
=8139.835 / 16221.714*365
=183.15

Sany Heavy Equipment International Holdings 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
=( (0 + 8857.638) / 1 ) / 6487.742*365 / 4
=8857.638 / 6487.742*365 / 4
=124.58

* 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.


Sany Heavy Equipment International Holdings Co Days Payable Related Terms

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Sany Heavy Equipment International Holdings Co (HKSE:00631) Business Description

Traded in Other Exchanges
Address
No. 25, 16 Kaifa Road, Economic and Technological Development Area, Liaoning Province, Shenyang, CHN, 110000
Sany Heavy Equipment International Holdings Company Limited is a China-based investment holding company. The Company mainly conducts its businesses through two segments. The Mining Equipment segment is mainly engaged in the production and sales of coal machinery, non-coal mining, mining vehicles, robots and smart mining products and accessories, as well as the provision of related services. The Logistics Equipment segment is mainly engaged in the production and sales of container equipment, bulk material equipment, general equipment and accessories and the provision of related services. The Company conducts its businesses in the domestic market and overseas markets.

Sany Heavy Equipment International Holdings Co (HKSE:00631) Headlines

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