Anhui Jianghuai Automobile Group Co (SHSE:600418) Days Payable : 169.55 (As of Mar. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Anhui Jianghuai Automobile Group Co Days Payable?

Anhui Jianghuai Automobile Group Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥18,537 Mil. Anhui Jianghuai Automobile Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥9,976 Mil. Hence, Anhui Jianghuai Automobile Group Co's Days Payable for the three months ended in Mar. 2024 was 169.55.

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

SHSE:600418' s Days Payable Range Over the Past 10 Years
Min: 114.23 Med: 152.5 Max: 174.25
Current: 174.25

During the past 13 years, Anhui Jianghuai Automobile Group Co's highest Days Payable was 174.25. The lowest was 114.23. And the median was 152.50.

SHSE:600418's Days Payable is ranked better than
88.52% of 1263 companies
in the Vehicles & Parts industry
Industry Median: 65.48 vs SHSE:600418: 174.25

Anhui Jianghuai Automobile Group Co's Days Payable increased from Mar. 2023 (169.19) to Mar. 2024 (169.55). It may suggest that Anhui Jianghuai Automobile Group Co delayed paying its suppliers.

Anhui Jianghuai Automobile Group Co Days Payable Historical Data

The historical data trend for Anhui Jianghuai Automobile Group 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.

Anhui Jianghuai Automobile Group Co Days Payable Chart

Anhui Jianghuai Automobile Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

133.46

114.23

116.19

157.18

156.78

Anhui Jianghuai Automobile Group 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															169.19	169.43	176.33	183.52	169.55

Competitive Comparison of Anhui Jianghuai Automobile Group Co's Days Payable

For the Auto Manufacturers subindustry, Anhui Jianghuai Automobile Group 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 Jianghuai Automobile Group Co's Days Payable Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Anhui Jianghuai Automobile Group Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Anhui Jianghuai Automobile Group Co's Days Payable falls into.

Anhui Jianghuai Automobile Group 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 Jianghuai Automobile Group 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
=	( (15901.736	+	18346.511)	/	2 )	/	39866.47	*	365
=	17124.1235					/	39866.47	*	365
=	156.78

Anhui Jianghuai Automobile Group 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
=	( (18346.511	+	18726.762)	/	2 )	/	9975.946	*	365 / 4
=	18536.6365					/	9975.946	*	365 / 4
=	169.55

Anhui Jianghuai Automobile Group Co Days Payable Related Terms

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

Anhui Jianghuai Automobile Group Co (SHSE:600418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Anhui Jianghuai Automobile Group Co Ltd (SHSE:600418) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 176 Dongliu Road, Hefei, Anhui, CHN, 230022

Website

http://www.jac.com.cn

Anhui Jianghuai Automobile Group Co Ltd manufactures and sells passenger and commercial vehicles. It offers passenger cars, bus chassis, buses, SRVs, sedans, and gasoline engines; and special vehicles, such as ambulances, police wagons, and traffic control vehicles, as well as modified passenger cars and commercial vehicles. The company also provides commercial vehicles, such as light, medium, and heavy-duty trucks; vans; and electric vehicles.

Anhui Jianghuai Automobile Group Co (SHSE:600418) Headlines

No Headlines