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Huaneng Lancang River Hydropower (SHSE:600025) Days Payable : 5.98 (As of Sep. 2023)


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What is Huaneng Lancang River Hydropower Days Payable?

Huaneng Lancang River Hydropower's average Accounts Payable for the three months ended in Sep. 2023 was ¥213 Mil. Huaneng Lancang River Hydropower's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥3,249 Mil. Hence, Huaneng Lancang River Hydropower's Days Payable for the three months ended in Sep. 2023 was 5.98.

The historical rank and industry rank for Huaneng Lancang River Hydropower's Days Payable or its related term are showing as below:

SHSE:600025' s Days Payable Range Over the Past 10 Years
Min: 3.91   Med: 9.36   Max: 23.35
Current: 8.67

During the past 13 years, Huaneng Lancang River Hydropower's highest Days Payable was 23.35. The lowest was 3.91. And the median was 9.36.

SHSE:600025's Days Payable is ranked worse than
96.11% of 386 companies
in the Utilities - Independent Power Producers industry
Industry Median: 81.38 vs SHSE:600025: 8.67

Huaneng Lancang River Hydropower's Days Payable declined from Sep. 2022 (7.86) to Sep. 2023 (5.98). It may suggest that Huaneng Lancang River Hydropower accelerated paying its suppliers.


Huaneng Lancang River Hydropower Days Payable Historical Data

The historical data trend for Huaneng Lancang River Hydropower'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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Huaneng Lancang River Hydropower Days Payable Chart

Huaneng Lancang River Hydropower Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.28 4.78 3.91 4.56 7.60

Huaneng Lancang River Hydropower Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7.86 12.27 9.66 7.11 5.98

Competitive Comparison of Huaneng Lancang River Hydropower's Days Payable

For the Utilities - Renewable subindustry, Huaneng Lancang River Hydropower'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.


Huaneng Lancang River Hydropower's Days Payable Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Huaneng Lancang River Hydropower's Days Payable distribution charts can be found below:

* The bar in red indicates where Huaneng Lancang River Hydropower's Days Payable falls into.



Huaneng Lancang River Hydropower 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.

Huaneng Lancang River Hydropower's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (145.326 + 238.103) / 2 ) / 9212.117*365
=191.7145 / 9212.117*365
=7.60

Huaneng Lancang River Hydropower's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (156.288 + 269.74) / 2 ) / 3249.284*365 / 4
=213.014 / 3249.284*365 / 4
=5.98

* 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.


Huaneng Lancang River Hydropower Days Payable Related Terms

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Huaneng Lancang River Hydropower (SHSE:600025) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Century City Middle Road, Guandu District, Kunming, CHN, 650214
Huaneng Lancang River Hydropower Inc is engaged in the development and operation of Lancang River and the surrounding areas of hydropower resources. The company is also engaged in the exploration of solar photovoltaic, wind power, shale gas and other new energy construction.

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