Shanghai Datun Energy Resourses Co (SHSE:600508) Days Payable : 68.54 (As of Mar. 2024)

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

What is Shanghai Datun Energy Resourses Co Days Payable?

Shanghai Datun Energy Resourses Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥1,257 Mil. Shanghai Datun Energy Resourses Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,673 Mil. Hence, Shanghai Datun Energy Resourses Co's Days Payable for the three months ended in Mar. 2024 was 68.54.

The historical rank and industry rank for Shanghai Datun Energy Resourses Co's Days Payable or its related term are showing as below:

SHSE:600508' s Days Payable Range Over the Past 10 Years
Min: 57.48 Med: 123.27 Max: 153.57
Current: 57.48

During the past 13 years, Shanghai Datun Energy Resourses Co's highest Days Payable was 153.57. The lowest was 57.48. And the median was 123.27.

SHSE:600508's Days Payable is ranked worse than
55.56% of 126 companies
in the Other Energy Sources industry
Industry Median: 65.515 vs SHSE:600508: 57.48

Shanghai Datun Energy Resourses Co's Days Payable declined from Mar. 2023 (69.03) to Mar. 2024 (68.54). It may suggest that Shanghai Datun Energy Resourses Co accelerated paying its suppliers.

Shanghai Datun Energy Resourses Co Days Payable Historical Data

The historical data trend for Shanghai Datun Energy Resourses 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.

Shanghai Datun Energy Resourses Co Days Payable Chart

Shanghai Datun Energy Resourses Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

139.74

136.90

80.28

64.10

57.92

Shanghai Datun Energy Resourses 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															69.03	61.48	55.94	47.82	68.54

Competitive Comparison of Shanghai Datun Energy Resourses Co's Days Payable

For the Thermal Coal subindustry, Shanghai Datun Energy Resourses 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.

Shanghai Datun Energy Resourses Co's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Shanghai Datun Energy Resourses Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Datun Energy Resourses Co's Days Payable falls into.

Shanghai Datun Energy Resourses 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.

Shanghai Datun Energy Resourses 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
=	( (1344.871	+	1352.826)	/	2 )	/	8499.48	*	365
=	1348.8485					/	8499.48	*	365
=	57.92

Shanghai Datun Energy Resourses 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
=	( (1352.826	+	1160.501)	/	2 )	/	1673.051	*	365 / 4
=	1256.6635					/	1673.051	*	365 / 4
=	68.54

Shanghai Datun Energy Resourses Co Days Payable Related Terms

Thank you for viewing the detailed overview of Shanghai Datun Energy Resourses Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shanghai Datun Energy Resourses Co (SHSE:600508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Shanghai Datun Energy Resourses Co Ltd (SHSE:600508) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

No. 256 Pudong South Road, Huaxia Bank Building, 12F, Pudong, Shanghai, Shanghai, CHN, 200120

Website

http://www.sdtny.com

Shanghai Datun Energy Resourses Co Ltd is mainly engaged in coal production and trade, washing and processing, coal mine construction, pit power generation, aluminum processing, railway transportation, machinery manufacturing, vocational and technical training and related engineering and technical services. Its products include coking coal, gas coal, gas fat coal, raw coal, washed coal, mixed coal, electrical power, and aluminum products.

Shanghai Datun Energy Resourses Co (SHSE:600508) Headlines

No Headlines