NanJing Public Utilities Development Co (SZSE:000421) Days Payable : 41.11 (As of Mar. 2024)

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What is NanJing Public Utilities Development Co Days Payable?

NanJing Public Utilities Development Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥604 Mil. NanJing Public Utilities Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,340 Mil. Hence, NanJing Public Utilities Development Co's Days Payable for the three months ended in Mar. 2024 was 41.11.

The historical rank and industry rank for NanJing Public Utilities Development Co's Days Payable or its related term are showing as below:

SZSE:000421' s Days Payable Range Over the Past 10 Years
Min: 27.77 Med: 40.29 Max: 70.99
Current: 57.62

During the past 13 years, NanJing Public Utilities Development Co's highest Days Payable was 70.99. The lowest was 27.77. And the median was 40.29.

SZSE:000421's Days Payable is ranked better than
67.34% of 937 companies
in the Transportation industry
Industry Median: 38.78 vs SZSE:000421: 57.62

NanJing Public Utilities Development Co's Days Payable declined from Mar. 2023 (53.93) to Mar. 2024 (41.11). It may suggest that NanJing Public Utilities Development Co accelerated paying its suppliers.

NanJing Public Utilities Development Co Days Payable Historical Data

The historical data trend for NanJing Public Utilities Development 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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NanJing Public Utilities Development Co Days Payable Chart

NanJing Public Utilities Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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51.43

33.28

70.99

39.69

66.21

NanJing Public Utilities Development 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															53.93	73.22	84.32	51.29	41.11

Competitive Comparison of NanJing Public Utilities Development Co's Days Payable

For the Railroads subindustry, NanJing Public Utilities Development 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.

NanJing Public Utilities Development Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, NanJing Public Utilities Development Co's Days Payable distribution charts can be found below:

* The bar in red indicates where NanJing Public Utilities Development Co's Days Payable falls into.

NanJing Public Utilities Development 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.

NanJing Public Utilities Development 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
=	( (777.627	+	655.639)	/	2 )	/	3950.834	*	365
=	716.633					/	3950.834	*	365
=	66.21

NanJing Public Utilities Development 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
=	( (655.639	+	551.99)	/	2 )	/	1340.185	*	365 / 4
=	603.8145					/	1340.185	*	365 / 4
=	41.11

NanJing Public Utilities Development Co Days Payable Related Terms

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NanJing Public Utilities Development Co (SZSE:000421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » NanJing Public Utilities Development Co Ltd (SZSE:000421) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

No. 927 Yingtian Street, Jianye District, Jiangsu, Nanjing, CHN, 210019

Website

http://www.nj-public.com

NanJing Public Utilities Development Co Ltd is engaged in the business of passenger transportation and energy. The company is engaged in the taxi, real estate development, electric energy, domestic international tourism, automobile sales, passenger bus, micro loan, and driving school training.

NanJing Public Utilities Development Co (SZSE:000421) Headlines

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