Anhui Jiangnan Chemical Industry Co (SZSE:002226) Days Payable : 78.80 (As of Mar. 2024)

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What is Anhui Jiangnan Chemical Industry Co Days Payable?

Anhui Jiangnan Chemical Industry Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,261 Mil. Anhui Jiangnan Chemical Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,460 Mil. Hence, Anhui Jiangnan Chemical Industry Co's Days Payable for the three months ended in Mar. 2024 was 78.80.

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

SZSE:002226' s Days Payable Range Over the Past 10 Years
Min: 34.52 Med: 67.22 Max: 102.38
Current: 66.7

During the past 13 years, Anhui Jiangnan Chemical Industry Co's highest Days Payable was 102.38. The lowest was 34.52. And the median was 67.22.

SZSE:002226's Days Payable is ranked better than
55.64% of 1506 companies
in the Chemicals industry
Industry Median: 61.065 vs SZSE:002226: 66.70

Anhui Jiangnan Chemical Industry Co's Days Payable declined from Mar. 2023 (80.23) to Mar. 2024 (78.80). It may suggest that Anhui Jiangnan Chemical Industry Co accelerated paying its suppliers.

Anhui Jiangnan Chemical Industry Co Days Payable Historical Data

The historical data trend for Anhui Jiangnan Chemical Industry 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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Anhui Jiangnan Chemical Industry Co Days Payable Chart

Anhui Jiangnan Chemical Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

79.94

101.48

64.83

59.34

69.60

Anhui Jiangnan Chemical Industry 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															80.23	53.40	74.85	64.38	78.80

Competitive Comparison of Anhui Jiangnan Chemical Industry Co's Days Payable

For the Specialty Chemicals subindustry, Anhui Jiangnan Chemical Industry 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.

Anhui Jiangnan Chemical Industry Co's Days Payable Distribution in the Chemicals Industry

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

* The bar in red indicates where Anhui Jiangnan Chemical Industry Co's Days Payable falls into.

Anhui Jiangnan Chemical Industry 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.

Anhui Jiangnan Chemical Industry 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
=	( (1138.914	+	1253.478)	/	2 )	/	6272.936	*	365
=	1196.196					/	6272.936	*	365
=	69.60

Anhui Jiangnan Chemical Industry 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
=	( (1253.478	+	1267.524)	/	2 )	/	1459.677	*	365 / 4
=	1260.501					/	1459.677	*	365 / 4
=	78.80

Anhui Jiangnan Chemical Industry Co Days Payable Related Terms

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Anhui Jiangnan Chemical Industry Co (SZSE:002226) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anhui Jiangnan Chemical Industry Co Ltd (SZSE:002226) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fen Jie Hill, Gangkou Town, Ningguo, Anhui, CHN, 242310

Website

http://www.ahjnhg.com

Anhui Jiangnan Chemical Industry Co Ltd is a diversified company with the dual-core drive for a civil explosion and new energy business. Its energy business focuses on the development, construction, and operation of wind farms and photovoltaic power plants. The company's product offering comprises packaging explosives, mixed explosives, engineering blasting and other explosive products.

Executives

Guo Shu Guang	Director
Zhao Lei	Secretary, Director
Meng Qun Ying	Supervisors
Li Ting Long	Executives
Wu Ben Zhi	Executives
Xiong Li Wu	Director
Fang Ji Qing	Executives
Xu Fang Ping	Executives
Ou Fei Neng	Director
Liu Meng Ai	Executives

Anhui Jiangnan Chemical Industry Co (SZSE:002226) Headlines

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