Explosive Co (SZSE:002096) Days Payable : 71.80 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Explosive Co Days Payable?

Explosive Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,100 Mil. Explosive Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,398 Mil. Hence, Explosive Co's Days Payable for the three months ended in Mar. 2024 was 71.80.

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

SZSE:002096' s Days Payable Range Over the Past 10 Years
Min: 38.4 Med: 68.5 Max: 111.44
Current: 65.84

During the past 13 years, Explosive Co's highest Days Payable was 111.44. The lowest was 38.40. And the median was 68.50.

SZSE:002096's Days Payable is ranked better than
55.08% of 1505 companies
in the Chemicals industry
Industry Median: 61 vs SZSE:002096: 65.84

Explosive Co's Days Payable increased from Mar. 2023 (56.60) to Mar. 2024 (71.80). It may suggest that Explosive Co delayed paying its suppliers.

Explosive Co Days Payable Historical Data

The historical data trend for Explosive 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.

* Premium members only.

Explosive Co Days Payable Chart

Explosive Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

58.67

78.32

80.73

40.79

52.45

Explosive 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															56.60	56.32	68.55	76.31	71.80

Competitive Comparison of Explosive Co's Days Payable

For the Chemicals subindustry, Explosive 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.

Explosive Co's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Explosive Co's Days Payable falls into.

Explosive 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.

Explosive 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
=	( (665.656	+	1134.252)	/	2 )	/	6262.835	*	365
=	899.954					/	6262.835	*	365
=	52.45

Explosive 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
=	( (1134.252	+	1065.834)	/	2 )	/	1397.994	*	365 / 4
=	1100.043					/	1397.994	*	365 / 4
=	71.80

Explosive Co Days Payable Related Terms

Thank you for viewing the detailed overview of Explosive Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Explosive Co (SZSE:002096) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Explosive Co Ltd (SZSE:002096) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 6, Shuangbei Road, Longbo Town, Shuangpai County, Hunan, Yongzhou, CHN, 410013

Website

http://www.hnnlmb.com

Explosive Co Ltd formerly Hunan Nanling Industry Explosive Material Co Ltd is engaged in the research, development, production, sales of civil explosion equipment, and production and sales of chemical products.

Explosive Co (SZSE:002096) Headlines

No Headlines