Aluminum of China (STU:AOC) Days Payable : 48.09 (As of Mar. 2024)

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What is Aluminum of China Days Payable?

Aluminum of China's average Accounts Payable for the three months ended in Mar. 2024 was €2,790 Mil. Aluminum of China's Cost of Goods Sold for the three months ended in Mar. 2024 was €5,295 Mil. Hence, Aluminum of China's Days Payable for the three months ended in Mar. 2024 was 48.09.

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

STU:AOC' s Days Payable Range Over the Past 10 Years
Min: 23.69 Med: 29.55 Max: 46.66
Current: 46.05

During the past 13 years, Aluminum of China's highest Days Payable was 46.66. The lowest was 23.69. And the median was 29.55.

STU:AOC's Days Payable is ranked worse than
75.63% of 1071 companies
in the Metals & Mining industry
Industry Median: 130.91 vs STU:AOC: 46.05

Aluminum of China's Days Payable increased from Mar. 2023 (34.60) to Mar. 2024 (48.09). It may suggest that Aluminum of China delayed paying its suppliers.

Aluminum of China Days Payable Historical Data

The historical data trend for Aluminum of China'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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Aluminum of China Days Payable Chart

Aluminum of China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

27.47

30.08

22.66

29.48

41.77

Aluminum of China 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															34.60	34.34	45.02	70.22	48.09

Competitive Comparison of Aluminum of China's Days Payable

For the Aluminum subindustry, Aluminum of China'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.

Aluminum of China's Days Payable Distribution in the Metals & Mining Industry

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

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

Aluminum of China 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.

Aluminum of China'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
=	( (3051.522	+	2711.331)	/	2 )	/	25176.949	*	365
=	2881.4265					/	25176.949	*	365
=	41.77

Aluminum of China'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
=	( (2711.331	+	2868.874)	/	2 )	/	5294.583	*	365 / 4
=	2790.1025					/	5294.583	*	365 / 4
=	48.09

Aluminum of China Days Payable Related Terms

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Aluminum of China (STU:AOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aluminum Corp of China Ltd (STU:AOC) » Definitions » Days Payable

Traded in Other Exchanges

ALMMF:USA 02600:Hong Kong AOC:Germany 601600:China

Address

No. 62 North Xizhimen Street, Haidian District, Beijing, CHN, 100082

Website

https://www.chalco.com.cn

Aluminum Corp of China Ltd is an aluminum producer. The Alumina segment consists of the mining and purchase of bauxite and other raw materials. The Primary aluminum segment consists of the procurement of alumina, supplemental materials, and electric power. Its Energy segment comprises the production and operation of energy products mainly coal mining. The Trading segment includes the trading of alumina primary aluminum, aluminum fabrication products, other non-ferrous metal products and Corporate and other operating segments. Geographically, it operates in Mainland China, as well as other countries. It generates a major part of its revenue from the Trading segment.

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