China Graphite Group (HKSE:02237) Days Payable : 46.70 (As of Dec. 2023)

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What is China Graphite Group Days Payable?

China Graphite Group's average Accounts Payable for the six months ended in Dec. 2023 was HK$27.4 Mil. China Graphite Group's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$107.2 Mil. Hence, China Graphite Group's Days Payable for the six months ended in Dec. 2023 was 46.70.

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

HKSE:02237' s Days Payable Range Over the Past 10 Years
Min: 63.14 Med: 77.13 Max: 91.72
Current: 73.92

During the past 5 years, China Graphite Group's highest Days Payable was 91.72. The lowest was 63.14. And the median was 77.13.

HKSE:02237's Days Payable is ranked worse than
62.41% of 1064 companies
in the Metals & Mining industry
Industry Median: 130.44 vs HKSE:02237: 73.92

China Graphite Group's Days Payable declined from Dec. 2022 (47.70) to Dec. 2023 (46.70). It may suggest that China Graphite Group accelerated paying its suppliers.

China Graphite Group Days Payable Historical Data

The historical data trend for China Graphite Group'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 Graphite Group Days Payable Chart

China Graphite Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

91.72

77.13

67.41

63.14

82.20

China Graphite Group Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			58.30	62.87	47.70	144.35	46.70

Competitive Comparison of China Graphite Group's Days Payable

For the Other Industrial Metals & Mining subindustry, China Graphite Group'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 Graphite Group's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, China Graphite Group's Days Payable distribution charts can be found below:

* The bar in red indicates where China Graphite Group's Days Payable falls into.

China Graphite Group 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 Graphite Group'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
=	( (30.418	+	32.802)	/	2 )	/	140.369	*	365
=	31.61					/	140.369	*	365
=	82.20

China Graphite Group'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (22.058	+	32.802)	/	2 )	/	107.197	*	365 / 2
=	27.43					/	107.197	*	365 / 2
=	46.70

China Graphite Group Days Payable Related Terms

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China Graphite Group (HKSE:02237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Graphite Group Ltd (HKSE:02237) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yanjun Farm, No. 1, Building 1, Graphite Development Zone, Luobei County, Heilongjiang Province, Hegang, CHN

Website

https://www.chinagraphite.com.hk

China Graphite Group Ltd is engaged in the production and sales of flake graphite concentrate and Sale of spherical graphite and its by-products, and unprocessed marble in China. All of the Group's activities are carried out in the People's Republic of China.

China Graphite Group (HKSE:02237) Headlines

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