China Aluminum International Engineering (HKSE:02068) Days Payable : 246.53 (As of Mar. 2024)

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What is China Aluminum International Engineering Days Payable?

China Aluminum International Engineering's average Accounts Payable for the three months ended in Mar. 2024 was HK$13,249 Mil. China Aluminum International Engineering's Cost of Goods Sold for the three months ended in Mar. 2024 was HK$4,904 Mil. Hence, China Aluminum International Engineering's Days Payable for the three months ended in Mar. 2024 was 246.53.

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

HKSE:02068' s Days Payable Range Over the Past 10 Years
Min: 194.3 Med: 240.24 Max: 289.57
Current: 215.79

During the past 13 years, China Aluminum International Engineering's highest Days Payable was 289.57. The lowest was 194.30. And the median was 240.24.

HKSE:02068's Days Payable is ranked better than
84.28% of 1603 companies
in the Construction industry
Industry Median: 75.21 vs HKSE:02068: 215.79

China Aluminum International Engineering's Days Payable declined from Mar. 2023 (293.26) to Mar. 2024 (246.53). It may suggest that China Aluminum International Engineering accelerated paying its suppliers.

China Aluminum International Engineering Days Payable Historical Data

The historical data trend for China Aluminum International Engineering'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 Aluminum International Engineering Days Payable Chart

China Aluminum International Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

217.96

267.09

251.01

250.21

230.26

China Aluminum International Engineering Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															293.26	243.31	234.76	167.82	246.53

Competitive Comparison of China Aluminum International Engineering's Days Payable

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

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

* The bar in red indicates where China Aluminum International Engineering's Days Payable falls into.

China Aluminum International Engineering 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 Aluminum International Engineering'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
=	( (14146.964	+	13729.327)	/	2 )	/	22094.143	*	365
=	13938.1455					/	22094.143	*	365
=	230.26

China Aluminum International Engineering'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
=	( (13729.327	+	12768.673)	/	2 )	/	4904.007	*	365 / 4
=	13249					/	4904.007	*	365 / 4
=	246.53

China Aluminum International Engineering Days Payable Related Terms

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China Aluminum International Engineering (HKSE:02068) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Aluminum International Engineering Corp Ltd (HKSE:02068) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

601068:China

Address

No. 99 Xingshikou Road, Building C, Haidian District, Beijing, CHN, 100093

Website

https://www.chalieco.com.cn

China Aluminum International Engineering Corp Ltd is a technology, engineering service, and equipment provider in the nonferrous metals industry in China, capable of providing a full range of integrated technology and engineering design and construction services for various businesses in the entire nonferrous metals industry chain. The company's businesses mainly include engineering survey, design and consultancy, engineering and construction contracting, equipment manufacturing, and equipment trading. The company earns its revenue from its operations in China.

China Aluminum International Engineering (HKSE:02068) Headlines

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