Shandong Humon Smelting Co (SZSE:002237) Days Payable : 8.42 (As of Mar. 2024)

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What is Shandong Humon Smelting Co Days Payable?

Shandong Humon Smelting Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,869 Mil. Shandong Humon Smelting Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥20,244 Mil. Hence, Shandong Humon Smelting Co's Days Payable for the three months ended in Mar. 2024 was 8.42.

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

SZSE:002237' s Days Payable Range Over the Past 10 Years
Min: 8.85 Med: 30.68 Max: 39.39
Current: 8.85

During the past 13 years, Shandong Humon Smelting Co's highest Days Payable was 39.39. The lowest was 8.85. And the median was 30.68.

SZSE:002237's Days Payable is ranked worse than
97.38% of 1068 companies
in the Metals & Mining industry
Industry Median: 135.555 vs SZSE:002237: 8.85

Shandong Humon Smelting Co's Days Payable declined from Mar. 2023 (8.57) to Mar. 2024 (8.42). It may suggest that Shandong Humon Smelting Co accelerated paying its suppliers.

Shandong Humon Smelting Co Days Payable Historical Data

The historical data trend for Shandong Humon Smelting 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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Shandong Humon Smelting Co Days Payable Chart

Shandong Humon Smelting Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.02

27.99

16.00

11.91

9.57

Shandong Humon Smelting 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															8.57	9.39	8.08	9.37	8.42

Competitive Comparison of Shandong Humon Smelting Co's Days Payable

For the Other Industrial Metals & Mining subindustry, Shandong Humon Smelting 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.

Shandong Humon Smelting Co's Days Payable Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Shandong Humon Smelting Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shandong Humon Smelting Co's Days Payable falls into.

Shandong Humon Smelting 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.

Shandong Humon Smelting 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
=	( (1747.598	+	1598.129)	/	2 )	/	63793.16	*	365
=	1672.8635					/	63793.16	*	365
=	9.57

Shandong Humon Smelting 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
=	( (1598.129	+	2139.347)	/	2 )	/	20243.609	*	365 / 4
=	1868.738					/	20243.609	*	365 / 4
=	8.42

Shandong Humon Smelting Co Days Payable Related Terms

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Shandong Humon Smelting Co (SZSE:002237) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Shandong Humon Smelting Co Ltd (SZSE:002237) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Shuidao Town, Muping District, Shandong Province, Yantai, CHN, 264109

Website

http://www.hbyl.cn

Shandong Humon Smelting Co Ltd is a China-based company engaged in the exploration, mining, and smelting of gold and the manufacturing of chemical products. The main products are vitriol, gold, silver, sulfuric acid, cathode copper, electrolytic copper and ammonium phosphate, and electrolytic lead.

Executives

Zhang Jun Feng	Executives
Wang Xin En	Secretary, Director
Zhan Shu Ping	Independent director
Jiang Lan Ying	Supervisors
Wang Na	Supervisors
Zhang Yan Han	Supervisors
Gao Zheng Lin	Director
Zhang Ji Xue	Director
Wang Jia Hao	Director
Kong Tao	Supervisors
Xu Jing Xi	Director

Shandong Humon Smelting Co (SZSE:002237) Headlines

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