Jiangsu Yangnong Chemical Co (SHSE:600486) Days Payable : 153.45 (As of Mar. 2024)

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What is Jiangsu Yangnong Chemical Co Days Payable?

Jiangsu Yangnong Chemical Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥4,040 Mil. Jiangsu Yangnong Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,403 Mil. Hence, Jiangsu Yangnong Chemical Co's Days Payable for the three months ended in Mar. 2024 was 153.45.

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

SHSE:600486' s Days Payable Range Over the Past 10 Years
Min: 102.99 Med: 144.78 Max: 229.08
Current: 167.17

During the past 13 years, Jiangsu Yangnong Chemical Co's highest Days Payable was 229.08. The lowest was 102.99. And the median was 144.78.

SHSE:600486's Days Payable is ranked better than
85.84% of 233 companies
in the Agriculture industry
Industry Median: 78.58 vs SHSE:600486: 167.17

Jiangsu Yangnong Chemical Co's Days Payable increased from Mar. 2023 (93.22) to Mar. 2024 (153.45). It may suggest that Jiangsu Yangnong Chemical Co delayed paying its suppliers.

Jiangsu Yangnong Chemical Co Days Payable Historical Data

The historical data trend for Jiangsu Yangnong Chemical 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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Jiangsu Yangnong Chemical Co Days Payable Chart

Jiangsu Yangnong Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

137.99

128.93

119.03

102.99

151.57

Jiangsu Yangnong Chemical 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															93.22	149.54	169.00	187.95	153.45

Competitive Comparison of Jiangsu Yangnong Chemical Co's Days Payable

For the Agricultural Inputs subindustry, Jiangsu Yangnong Chemical 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.

Jiangsu Yangnong Chemical Co's Days Payable Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Jiangsu Yangnong Chemical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Yangnong Chemical Co's Days Payable falls into.

Jiangsu Yangnong Chemical 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.

Jiangsu Yangnong Chemical 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
=	( (3383.932	+	3707.912)	/	2 )	/	8539.146	*	365
=	3545.922					/	8539.146	*	365
=	151.57

Jiangsu Yangnong Chemical 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
=	( (3707.912	+	4373.055)	/	2 )	/	2402.728	*	365 / 4
=	4040.4835					/	2402.728	*	365 / 4
=	153.45

Jiangsu Yangnong Chemical Co Days Payable Related Terms

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Jiangsu Yangnong Chemical Co (SHSE:600486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Jiangsu Yangnong Chemical Co Ltd (SHSE:600486) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 39 Wenfeng Road, Yangzhou, Jiangsu, CHN, 225009

Website

http://www.yngf.com

Jiangsu Yangnong Chemical Co Ltd is an agrochemical producer in China. It is specialized in the production of pyrethroids, pesticides and fine chemicals. The product offerings of the company include Perfluthrin, Bioallethrin, Tefluthrin, and Tribenuron among others.

Jiangsu Yangnong Chemical Co (SHSE:600486) Headlines

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