China Shipbuilding Industry Group Power Co (SHSE:600482) Days Payable : 155.67 (As of Mar. 2024)

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What is China Shipbuilding Industry Group Power Co Days Payable?

China Shipbuilding Industry Group Power Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥17,379 Mil. China Shipbuilding Industry Group Power Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥10,187 Mil. Hence, China Shipbuilding Industry Group Power Co's Days Payable for the three months ended in Mar. 2024 was 155.67.

The historical rank and industry rank for China Shipbuilding Industry Group Power Co's Days Payable or its related term are showing as below:

SHSE:600482' s Days Payable Range Over the Past 10 Years
Min: 38.48 Med: 113.37 Max: 150.13
Current: 147.14

During the past 13 years, China Shipbuilding Industry Group Power Co's highest Days Payable was 150.13. The lowest was 38.48. And the median was 113.37.

SHSE:600482's Days Payable is ranked better than
77.11% of 2931 companies
in the Industrial Products industry
Industry Median: 76.43 vs SHSE:600482: 147.14

China Shipbuilding Industry Group Power Co's Days Payable declined from Mar. 2023 (159.69) to Mar. 2024 (155.67). It may suggest that China Shipbuilding Industry Group Power Co accelerated paying its suppliers.

China Shipbuilding Industry Group Power Co Days Payable Historical Data

The historical data trend for China Shipbuilding Industry Group Power 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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China Shipbuilding Industry Group Power Co Days Payable Chart

China Shipbuilding Industry Group Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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118.15

140.54

137.54

150.13

146.00

China Shipbuilding Industry Group Power 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															159.69	130.03	156.09	152.27	155.67

Competitive Comparison of China Shipbuilding Industry Group Power Co's Days Payable

For the Specialty Industrial Machinery subindustry, China Shipbuilding Industry Group Power 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.

China Shipbuilding Industry Group Power Co's Days Payable Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Shipbuilding Industry Group Power Co's Days Payable distribution charts can be found below:

* The bar in red indicates where China Shipbuilding Industry Group Power Co's Days Payable falls into.

China Shipbuilding Industry Group Power 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.

China Shipbuilding Industry Group Power 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
=	( (14194.148	+	17094.659)	/	2 )	/	39111.008	*	365
=	15644.4035					/	39111.008	*	365
=	146.00

China Shipbuilding Industry Group Power 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
=	( (17094.659	+	17662.599)	/	2 )	/	10186.972	*	365 / 4
=	17378.629					/	10186.972	*	365 / 4
=	155.67

China Shipbuilding Industry Group Power Co Days Payable Related Terms

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China Shipbuilding Industry Group Power Co (SHSE:600482) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Shipbuilding Industry Group Power Co Ltd (SHSE:600482) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 8 Fuchang Road, Hebei, Baoding, CHN, 071057

Website

http://www.china-csicpower.com.cn

China Shipbuilding Industry Group Power Co Ltd is engaged in manufacturing and supplying power equipment in China and internationally. Its products include diesel engine, gas, steam, heat engine, electric, chemical, marine nuclear, other power equipment, as well as related auxiliary machinery. The company's products are used in automobiles, ships and marine engineering, engineering, machinery, and land-use power plants, as well as petrochemical, civil nuclear power, distributed energy, and other industries.

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