Guangdong Liantai Environmental Protection Co (SHSE:603797) Days Payable : 653.01 (As of Mar. 2024)

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What is Guangdong Liantai Environmental Protection Co Days Payable?

Guangdong Liantai Environmental Protection Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥722 Mil. Guangdong Liantai Environmental Protection Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥101 Mil. Hence, Guangdong Liantai Environmental Protection Co's Days Payable for the three months ended in Mar. 2024 was 653.01.

The historical rank and industry rank for Guangdong Liantai Environmental Protection Co's Days Payable or its related term are showing as below:

SHSE:603797' s Days Payable Range Over the Past 10 Years
Min: 30 Med: 528.43 Max: 1964.37
Current: 453.48

During the past 13 years, Guangdong Liantai Environmental Protection Co's highest Days Payable was 1964.37. The lowest was 30.00. And the median was 528.43.

SHSE:603797's Days Payable is ranked better than
88.44% of 225 companies
in the Waste Management industry
Industry Median: 71.54 vs SHSE:603797: 453.48

Guangdong Liantai Environmental Protection Co's Days Payable increased from Mar. 2023 (405.11) to Mar. 2024 (653.01). It may suggest that Guangdong Liantai Environmental Protection Co delayed paying its suppliers.

Guangdong Liantai Environmental Protection Co Days Payable Historical Data

The historical data trend for Guangdong Liantai Environmental Protection 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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Guangdong Liantai Environmental Protection Co Days Payable Chart

Guangdong Liantai Environmental Protection Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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1,061.78

1,964.37

1,803.66

450.08

404.52

Guangdong Liantai Environmental Protection 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															405.11	385.78	459.17	401.73	653.01

Competitive Comparison of Guangdong Liantai Environmental Protection Co's Days Payable

For the Waste Management subindustry, Guangdong Liantai Environmental Protection 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.

Guangdong Liantai Environmental Protection Co's Days Payable Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Guangdong Liantai Environmental Protection Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Guangdong Liantai Environmental Protection Co's Days Payable falls into.

Guangdong Liantai Environmental Protection 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.

Guangdong Liantai Environmental Protection 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
=	( (823.989	+	729.484)	/	2 )	/	700.846	*	365
=	776.7365					/	700.846	*	365
=	404.52

Guangdong Liantai Environmental Protection 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
=	( (729.484	+	715.249)	/	2 )	/	100.941	*	365 / 4
=	722.3665					/	100.941	*	365 / 4
=	653.01

Guangdong Liantai Environmental Protection Co Days Payable Related Terms

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Guangdong Liantai Environmental Protection Co (SHSE:603797) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Guangdong Liantai Environmental Protection Co Ltd (SHSE:603797) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zhongshan East Road, Longzhu Water Purification Factory, Guangdong Province, Huangshanwei, Shantou, CHN, 515041

Website

http://www.lt-hbgf.com

Guangdong Liantai Environmental Protection Co Ltd is a China-based company engaged in operating sewage treatment project and supporting pipe network and ecological environment treatment project. The company produces and sells special equipment for environmental pollution prevention, and offers technical consultation and support services, among other activities. Some of the company's projects are Shantou dragon ball water purification plant, Shaoyang Jiangbei Wastewater treatment plant, and Shaoyang Yangxiqiao wastewater treatment plant, among others.

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