Inner Mongolia Xingye Silver & Tin Mining Co (SZSE:000426) Days Payable : 203.82 (As of Mar. 2024)

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What is Inner Mongolia Xingye Silver & Tin Mining Co Days Payable?

Inner Mongolia Xingye Silver & Tin Mining Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥753 Mil. Inner Mongolia Xingye Silver & Tin Mining Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥337 Mil. Hence, Inner Mongolia Xingye Silver & Tin Mining Co's Days Payable for the three months ended in Mar. 2024 was 203.82.

The historical rank and industry rank for Inner Mongolia Xingye Silver & Tin Mining Co's Days Payable or its related term are showing as below:

SZSE:000426' s Days Payable Range Over the Past 10 Years
Min: 139.45 Med: 284.71 Max: 604.11
Current: 179.11

During the past 13 years, Inner Mongolia Xingye Silver & Tin Mining Co's highest Days Payable was 604.11. The lowest was 139.45. And the median was 284.71.

SZSE:000426's Days Payable is ranked better than
54.87% of 1068 companies
in the Metals & Mining industry
Industry Median: 129.525 vs SZSE:000426: 179.11

Inner Mongolia Xingye Silver & Tin Mining Co's Days Payable declined from Mar. 2023 (318.32) to Mar. 2024 (203.82). It may suggest that Inner Mongolia Xingye Silver & Tin Mining Co accelerated paying its suppliers.

Inner Mongolia Xingye Silver & Tin Mining Co Days Payable Historical Data

The historical data trend for Inner Mongolia Xingye Silver & Tin Mining 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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Inner Mongolia Xingye Silver & Tin Mining Co Days Payable Chart

Inner Mongolia Xingye Silver & Tin Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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604.11

521.76

246.65

282.83

211.61

Inner Mongolia Xingye Silver & Tin Mining 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															318.32	197.89	183.00	167.22	203.82

Competitive Comparison of Inner Mongolia Xingye Silver & Tin Mining Co's Days Payable

For the Other Industrial Metals & Mining subindustry, Inner Mongolia Xingye Silver & Tin Mining 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.

Inner Mongolia Xingye Silver & Tin Mining Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Inner Mongolia Xingye Silver & Tin Mining Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Inner Mongolia Xingye Silver & Tin Mining Co's Days Payable falls into.

Inner Mongolia Xingye Silver & Tin Mining 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.

Inner Mongolia Xingye Silver & Tin Mining 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
=	( (1121.789	+	903.153)	/	2 )	/	1746.4	*	365
=	1012.471					/	1746.4	*	365
=	211.61

Inner Mongolia Xingye Silver & Tin Mining 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
=	( (903.153	+	602.22)	/	2 )	/	336.971	*	365 / 4
=	752.6865					/	336.971	*	365 / 4
=	203.82

Inner Mongolia Xingye Silver & Tin Mining Co Days Payable Related Terms

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Inner Mongolia Xingye Silver & Tin Mining Co (SZSE:000426) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Inner Mongolia Xingye Silver & Tin Mining Co Ltd (SZSE:000426) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 76 Yulong Street, Xincheng District, Inner Mongolia, Chifeng, CHN, 024000

Website

http://www.xyyxky.com

Inner Mongolia Xingye Silver & Tin Mining Co Ltd is a China-based company engages in the mining and smelting of non-ferrous and precious metals. Its products include lead, zinc, copper, iron, bismuth, tungsten, silver, tin, and other non-ferrous and black metals. Geographically the company mainly operates its business in the domestic market.

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