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Ningxia Yinglite Chemicals Co (SZSE:000635) Days Payable : 130.39 (As of Mar. 2024)


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What is Ningxia Yinglite Chemicals Co Days Payable?

Ningxia Yinglite Chemicals Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥632 Mil. Ningxia Yinglite Chemicals Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥443 Mil. Hence, Ningxia Yinglite Chemicals Co's Days Payable for the three months ended in Mar. 2024 was 130.39.

The historical rank and industry rank for Ningxia Yinglite Chemicals Co's Days Payable or its related term are showing as below:

SZSE:000635' s Days Payable Range Over the Past 10 Years
Min: 48.99   Med: 57.56   Max: 81.63
Current: 81

During the past 13 years, Ningxia Yinglite Chemicals Co's highest Days Payable was 81.63. The lowest was 48.99. And the median was 57.56.

SZSE:000635's Days Payable is ranked better than
66.69% of 1501 companies
in the Chemicals industry
Industry Median: 60.47 vs SZSE:000635: 81.00

Ningxia Yinglite Chemicals Co's Days Payable increased from Mar. 2023 (59.83) to Mar. 2024 (130.39). It may suggest that Ningxia Yinglite Chemicals Co delayed paying its suppliers.


Ningxia Yinglite Chemicals Co Days Payable Historical Data

The historical data trend for Ningxia Yinglite Chemicals 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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Ningxia Yinglite Chemicals Co Days Payable Chart

Ningxia Yinglite Chemicals Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.52 57.59 48.99 54.69 81.63

Ningxia Yinglite Chemicals 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.83 77.89 55.01 69.34 130.39

Competitive Comparison of Ningxia Yinglite Chemicals Co's Days Payable

For the Chemicals subindustry, Ningxia Yinglite Chemicals 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.


Ningxia Yinglite Chemicals Co's Days Payable Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ningxia Yinglite Chemicals Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Ningxia Yinglite Chemicals Co's Days Payable falls into.



Ningxia Yinglite Chemicals 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.

Ningxia Yinglite Chemicals 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
=( (315.753 + 652.242) / 2 ) / 2164.03*365
=483.9975 / 2164.03*365
=81.63

Ningxia Yinglite Chemicals 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
=( (652.242 + 612.557) / 2 ) / 442.571*365 / 4
=632.3995 / 442.571*365 / 4
=130.39

* 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.


Ningxia Yinglite Chemicals Co Days Payable Related Terms

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Ningxia Yinglite Chemicals Co (SZSE:000635) Business Description

Traded in Other Exchanges
N/A
Address
Steel Circuit, Ningxia Hui Autonomous Region, Huinong District, Shizuishan, CHN
Ningxia Yinglite Chemicals Co Ltd is a middle-sized chemical enterprise. Its main products include calcium carbide, calcium cyanamide, dicyandiamide, polyvinyl chloride, liquid caustic soda, caustic soda flakes, solid caustic soda, and liquid chlorine.
Executives
Li Zhi Qin Executives
Zhang Yong Pu Supervisors
Zhang Yong Executives

Ningxia Yinglite Chemicals Co (SZSE:000635) Headlines

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